Want to buy your new car but don't want to pay installments for the rest of your life? Learn how Santander Bank's consortium works, a way to get your car quickly and affordably!

Every Brazilian dreams of buying a brand new car. Have you thought about achieving this dream this week? Keep reading and learn all about the Santander consortium.

The Santander consortium acts as a facilitator and mediator so you can get the car you've always wanted, paying what you can afford, not the amount other banks want you to pay!

But hey, I don't know what a consortium is... Don't worry, we'll explain it to you! In short, a consortium is a monthly draw where one of the members is selected.

Therefore, every month one participant in the consortium is drawn, giving you the chance to win in the first month, or, if you're unlucky, in the last. In short, what matters is that you leave the consortium with your new car!

So, how does the Santander consortium work? It's very simple! First, you must choose your vehicle, and of course, a plan with the ideal term for you!

There's also the option of making a "free bid." That is, paying a higher monthly fee, thus taking a chance of being selected earlier if your bid exceeds the others in the group.

If you don't want to pay a higher monthly fee directly, you have other options for a possible advance payment. These are:

Now, how does the embedded bid work? By adding a total of up to 30% of credit to your bid, you deduct that percentage from the final amount.

Now that you understand how it works… Is it really worth it? Keep reading and find out!

A consortium is a long-term investment in an asset that is not just a car, but a status symbol, a means of transportation, and a tool to facilitate running errands outside the home.

With Santander you get all of that, at a fair price, and unlike other institutions, they also give a lot of attention to the customer. In other words, if you want your new car and have patience, yes, it's worth it!

But if you think you can do better than the Santander Consortium and it doesn't seem to fit your needs and preferences right now, or you simply want to try something different…

Be sure to check out Honda's motorcycle financing plan, and ride towards your future as if there were no tomorrow.

Through the website you can choose and view the plans available to you. With your plan in mind and selected, you access the portal and start tracking it!

Then comes the time to receive the credit amount to purchase the chosen item, leaving the best and final part for last: the purchase of the item.

Once the credit analysis is complete, all you have to do is buy your item, start making the installments, and wait to be approved! 

Interested? Check out the step-by-step guide to starting your Santander Consortium today and don't waste any time!