Yes. The value update works as a monthly correction to adjust prices to the market value of cars. This happens so that at the end of the consortium you have the correct credit letter to acquire the planned asset. Thus, the bank always follows the model and the car dealership you chose to use.

Yes! You can change the asset requested in the consortium as long as the market value is equivalent to the contracted amount. Therefore, you should contact one of the bank's consortium representatives as soon as possible and provide your information and your intentions for the change.

Yes! You can anticipate being selected through bids that work like an auction. Every month, the highest bids are selected. The winning bid amount is then directly deducted from the total installments you need to pay in the consortium. Furthermore, the bid is only paid when you are selected. So, you can rest assured.

You can pay for up to four items in a single consortium payment. First, the common fund, which is used to purchase your car. Second, a reserve fund, which covers unforeseen events and defaults. This amount is fully refunded if not used during the consortium. Additionally, you pay a small administration fee to Itaú for managing the consortium. And finally, you can pay for insurance that guarantees the payment of installments in case of death or disability.