Finance your vehicle with our auto loan
Choose your project!
The Sodefina auto loan is an earmarked credit: it is legally linked to the purchase of your vehicle. This gives you additional protection: if the sale is cancelled or the vehicle is not delivered, the credit agreement is automatically cancelled. Funds are paid directly to the seller (dealer or private individual) after signing your contract, securing the transaction for all parties.
Sodefina finances all types of vehicles: new cars, used cars, electric vehicles, plug-in hybrids, motorcycles, light commercial vehicles and motorhomes. For electric vehicles, the government bonus can be deducted from the borrowed amount, reducing your monthly payment. Our simulator integrates available subsidies to present you with an optimised financing plan.
The Sodefina auto loan stands out for the speed of processing applications and the ability to obtain a preliminary agreement (financing proposal) even before you have found your vehicle. You can approach a dealer or private seller knowing exactly what budget you can commit to, which strengthens your negotiating position.
Still not sure?
Sodefina helps you find the credit that's truly right for you.
The auto loan
A protective credit for your vehicle
- Between €3,000 and €75,000
- From 12 to 84 months
- Funds are paid directly to the seller
- Contract automatically cancelled if the sale falls through
The personal loan
A loan suited to all your projects
- Between €3,000 and €75,000
- From 6 to 180 months
- Paid into your account, no proof of purchase required
- Fixed monthly payments throughout the term
Our benefits
Simplicity
Simulate and get your loan 100% online, from any device.
Speed
Instant preliminary decision and final answer within 24 business hours.
Security
Qualified electronic signature and protected data at every step.
Required documents
Frequently asked questions — Auto loan
Yes. The Sodefina auto loan can finance purchases from dealers (car dealers, car merchants) as well as private sales. For a private purchase, you will need to provide a document confirming the transaction (listing, bank transfer order, etc.) and a copy of the seller's vehicle registration document. Funds will be paid directly into the private seller's bank account after file verification.
Generally, yes. An earmarked credit (auto) often has a lower APR than a non-earmarked personal loan, because the lender has additional security linked to the allocation of funds to a specific purchase. The difference can represent a few tenths of a percentage point. In return, the earmarked credit offers additional legal protection in case of dispute with the seller: if the sale is cancelled or the seller fails to fulfil their obligations, the credit agreement is automatically cancelled.
Yes, absolutely. Sodefina finances all types of electric and plug-in hybrid vehicles, new or used. The government ecological bonus (up to €7,000 for individuals subject to income conditions) can be deducted from the vehicle price before calculating the amount to borrow, significantly reducing your monthly payments. Our simulator integrates this deduction directly. You also benefit from a CO2 penalty reduced to zero for 100% electric vehicles.
This is the key advantage of earmarked credit. Under article L.312-55 of applicable Portuguese law, if the sale agreement is cancelled for any reason, the credit agreement is automatically cancelled too. You are then no longer liable for any amount to Sodefina. If you have already paid instalments, Sodefina must reimburse them. This protection does not apply with a non-earmarked personal loan, which is why auto credit is advantageous for purchases from a dealer.