How to buy a car with a CNPJ and what are the advantages?

Buying a car with a CNPJ (Brazilian Taxpayer Registry) offers many advantages, including a significant discount. Read on to learn more!

How to buy a car as a legal entity?

To make a purchase, simply go to a dealership with the necessary documentation. Some rules may vary depending on the manufacturer and dealership.

Therefore, it is important to research and obtain different quotes before making a decision.

Who can buy a car with a CNPJ?

To buy a car with a CNPJ, the registration must be more than one year old.

This service is available to MEI, micro-entrepreneurs and self-employed professionals with an open company.

In addition, the company's documentation must be up to date and regular.

Required documentation

Before going to the dealership, separate the following documents:

company's articles of association;
State Registration;
CNPJ card;
proof of residence (residential or commercial);
legal entity identification document.

The purchase can only be made by the company representative or partner, however, if there is a need to send an employee, for example, only with a power of attorney.

However, the company's financial situation is also assessed. In some cases, buyers with a negative CPF (Individual Taxpayer Registry) were unable to purchase the car this way.

Additionally, some stores request a document listing the company's revenue, a kind of proof of income or profit.

This serves to bring more security to the operation, as it demonstrates that there are means to pay off the debt.

What are the advantages of buying a car with a CNPJ?

Most Brazilian manufacturers offer exclusive conditions for those who wish to purchase a vehicle for their company.

Despite being an asset acquired with the CNPJ, the vehicle does not need to be in accordance with the line of business in which the company operates, but it is recommended.

For example, if you have a laboratory, you don't need to purchase a vehicle from this segment, but it is the most appropriate.

The only caveat is that, depending on your business's tax option, vehicle expenses will be operational and will deduct a portion of the tax to be paid on revenue.

The main advantage of making a purchase directly from the dealership is the reduced cost, as there is a tax exemption.

Discount amounts vary depending on several factors, such as car model, price, and number of vehicles purchased. Discounts start at 2%, with 3% being very common.

However, the percentage can reach up to 30%, but it is difficult to find a company that releases this percentage.

In fact, this estimate can be reached more easily depending on the price and quantity of cars, as the higher the purchase value, the greater the discount and negotiation facilities.

If you intend to buy a vehicle more focused on work, for example, pickup trucks and vans, you will certainly find better opportunities.

In addition, some car manufacturers still offer more facilities and better payment terms for those who want buy a car with CNPJ.

Why is it more advantageous to purchase a CNPJ car?

Automakers offer great prices, personalized service, and attractive payment terms for those who buy a car with a CNPJ (Brazilian Taxpayer Registry), as the vehicle is invoiced directly at the factory.

Therefore, for the discount to be passed on, the automaker does not include the dealership's profit.

Perhaps for this reason, it is difficult to find dealerships willing to invest in explaining the discounts that direct purchasing gives to legal entities.

Risks and cons

While there are many advantages and benefits, it's not all roses! There are some disadvantages involved. purchasing a car as a legal entity which is very important to keep an eye on!

The first downside to mention is that the discounts only apply to new cars.

If your company's professional activities may generate losses or debts, the vehicle purchased with the CNPJ may be seized by judicial executions to pay the debts.

However, the car cannot be used to pay off the entrepreneur's personal debts.

For MEIs, it is important to pay attention to their annual revenue and vehicle value.

If you purchase a car that exceeds the annual revenue for MEI of R$1,000,400, the inspection may visit you and question you about the purchase.

Another disadvantage to mention is the delay in receiving the vehicle, as these are vehicles straight from the factory, it is common for it to take longer to deliver.

Typically, the turnaround time is 10 to 40 days, but if the model you choose is available in the yard, this process may be faster.

So be aware of this issue if you intend to buy a car with CNPJ and is in a hurry to receive the vehicle.

The time to inspect a vehicle purchased with a CNPJ is also shorter, in this case, just 2 years, that is, one year less than for private cars.

Finally, you cannot buy cars at a discount with the CNPJ and resell them at a higher price to make a profit, as you must keep the vehicle in the company's name for at least 12 months, according to the company's rules. Confaz.

Conclusion

Despite the attractive prices, purchasing a car registered with a CNPJ involves many legal requirements due to discounts and tax exemptions.

Because of this, there are often numerous restrictions for users. Furthermore, oversight is often strict; any suspicious or irregular behavior can be viewed as fraud and result in legal losses for your company.

Sometimes cheap turns out to be expensive, so it's important to weigh the pros and cons before you buy. buy a car with CNPJ.

Additionally, evaluate your business's situation and whether it's possible to pay off the debt without compromising cash flow, even with the discounts.

Economy

Nara 12 de April de 2022