How to take part in the Receita Federal car auction
The auctions of vehicles confiscated by the Federal Revenue Service are widely recognized events in Brazil. And this is no coincidence, after all, such auctions provide the chance to acquire vehicles in excellent condition at prices notably lower than those practiced on the market.
However, are you familiar with the steps required to participate in the car auction promoted by the Federal Revenue Service?
Regardless of whether you are an individual or a legal entity, participating in an auction of cars seized by the Federal Revenue Service can be a significant opportunity. This is especially true for those who wish to acquire their first vehicle but do not have substantial resources for a large investment.
Continue reading this article for comprehensive details on how to effectively participate in the IRS car auction:
Understanding how the Federal Revenue auction works and participating is a simple task. Both individuals (CPF) and legal entities (CNPJ) can choose the auction that best aligns with their profile.
However, there are prerequisites that must be met to be eligible to participate in the car auction promoted by the Federal Revenue Service. They are:
One of the requirements for participating in the RF auction as an individual is not to have any irregularities in the CPF.
Furthermore, participation is restricted to auctions that feature products with characteristics of common use and consumption. In addition, participation is confirmed by means of a digital certificate.
In the case of legal entities, to participate in the event it is essential to have a regularized CNPJ, as well as having a digital certificate.
It is worth noting that there are auctions dedicated exclusively to individuals and also to legal entities. In addition, the Federal Revenue Service also promotes auctions that include the participation of both audiences simultaneously.
The auctions promoted by the Federal Revenue Service are held both remotely and in person. In other words, these events take place through online platforms or in physical rooms designated for auctions.
Currently, due to the pandemic situation, auctions are being conducted entirely online, through remote platforms. For detailed information about the auctions, simply visit the official website of Federal Revenue.
Now that you understand how the Federal Revenue Service car auction works, who can get involved and how these auctions take place, all that remains is to know how to proceed to submit your bids and effectively become part of an auction promoted by the Federal Revenue Service.
To do this, it’s simple to follow the steps outlined below, ensuring a hassle-free process. Check it out:
It is important to note that, upon winning an auction, it is essential to make the payment immediately. Failure to make the payment constitutes an infraction subject to penalties by the Federal Revenue Service.
By diligently following these steps, you will be ready to participate in the exciting car auction process promoted by the IRS through the remote platform.
