Ouça este artigo
Move Brasil is a government program unveiled by the Lula administration to help taxi drivers and rideshare drivers buy new cars. It offers interest rates well below the market, a long repayment term, and a grace period before payments start, with no down payment required. Rules require the chosen vehicle to stay under a price cap and run on renewable fuels or be a hybrid, not purely gasoline or diesel. Drivers must be active on their platform and have a verifiable record, while the credit decision rests with lenders and participating dealerships, with a list of eligible vehicle options from approved manufacturers. Beginning in June, interested buyers can seek financing at dealerships or banks.
- Move Brasil launches a thirty-billion reais program to help taxi and ride hailing drivers buy new cars.
- Interest stays very low at about 12.6% for men and 11.5% for women.
- Financing can last up to 72 months with a six-month grace period and zero down payment.
- Cars must cost up to R$150,000 and must be flex fuel or hybrid, not gasoline- or diesel-only.
- Eligible drivers include taxi license holders and active app drivers with required trips; seven suitable vehicle options exist; loan approval depends on banks; applications start on June 19 at dealers or banks.
Move Brasil launches a 30-billion reais program to aid drivers in buying cars
The government has announced Move Brasil, a new financing initiative backed by about R$30 billion. The program aims to help taxi drivers and rideshare operators purchase new vehicles by offering significantly cheaper lending terms. Officials say the plan reduces interest rates to well below market levels and provides flexible repayment.
Key terms and financial conditions
Under Move Brasil, loan offers include zero down payment, a maximum term of 72 months, and a six-month grace period before payments begin. The annual interest rates are 12.6% for men and 11.5% for women, substantially lower than typical market rates. Vehicles financed through the program must be priced at or below R$150,000 and run on renewable fuels or be hybrid, excluding gasoline- or diesel-only models.
Eligibility requirements for drivers
For app-based drivers, eligibility centers on platform activity, requiring an active registration for at least 12 months and completion of a minimum of 100 trips. Taxi drivers must present an active license and registration for their vehicle. These criteria come from authorities overseeing the program.
Eligible vehicle options
A government-selected list identifies seven eligible vehicle models that meet the program’s criteria. The options include flexible-fuel, electric, or hybrid-flex configurations, all priced at or under R$150,000 and produced by manufacturers approved to participate in Move Brasil. The list covers a range of vehicle segments to address different driver needs, though specific model names were not detailed in officials’ briefings.
Application process and participating outlets
Credit approval comes from collaborating financial institutions, with a cleaner credit history potentially improving the chances of approval. Beginning on June 19, interested drivers can pursue financing directly at participating dealerships or through partner banks, according to program notices.
Conclusion
Move Brasil stands as a strategic policy to renew the urban fleet by offering affordable financing backed by about R$30 billion, enabling taxi and rideshare drivers to acquire new vehicles. The program promises tangible benefits, including low interest rates, up to 72 months of repayment, a six-month grace period, and zero down payment, while capping vehicle prices at R$150,000 and requiring renewable fuels or hybrid configurations. Eligibility centers on the driver’s platform activity: 12 months on the platform with at least 100 trips for app-based drivers, and an active taxi license with vehicle registration for taxi drivers. Credit decisions rest with lenders and participating dealerships/banks from an approved list featuring seven eligible models. Applications begin on June 19 at dealerships or banks. If well executed, Move Brasil could accelerate fleet modernization and cleaner transport, support driver livelihoods, and stimulate related industries; however, success will depend on lenders’ willingness to extend credit to qualified applicants and on effective program oversight to keep terms fair and vehicle options current.
Frequently asked questions
- Can taxi and rideshare drivers qualify for Move Brasil? Yes. It helps both groups buy a new car. Rideshare drivers need 12 months on the platform and 100 trips. Taxi drivers need an active license and registration.
- What cars count as Move Brasil eligible? Cars must cost up to R$150,000 and be flex, electric, or hybrid flex. They must come from eligible manufacturers in the program.
- How cheap are the loans? Interest is 12.6% per year for men, 11.5% per year for women. About 0.9% per month. Much lower than the market.
- How long is the loan and when do I start paying? Up to 72 months. There is a six-month grace period before the first payment. Zero down is allowed.
- When and where can drivers apply? Starting June 19, apply at participating dealerships or banks. Credit approval depends on the lender; a clean name helps.