Brazilian Vehicle Cost Calculator
Calculate the total cost of owning and maintaining a vehicle in Brazil
Additional Information and Definitions
Vehicle Value
Current market value of the vehicle
Deposit
Initial payment for the vehicle
Loan Term (months)
Duration of the vehicle loan in months
Annual Interest Rate (%)
Annual interest rate for vehicle financing
Monthly Distance (km)
Average monthly distance driven
Fuel Price
Price per litre of fuel
Fuel Efficiency (km/L)
Vehicle's fuel efficiency in kilometres per litre
State IPVA Rate (%)
Annual tax rate (e.g., 4%)
Annual Insurance Rate (%)
Annual insurance cost as a percentage of vehicle value
Monthly Parking Cost
Monthly expenses for parking
Monthly Maintenance
Average monthly maintenance costs
Annual Licensing Fee
Annual vehicle licensing fee
Estimate Your Vehicle Ownership Costs
Calculate IPVA, licensing, insurance, fuel, and maintenance expenses
Loading
Understanding Vehicle Costs
Key terms for your vehicle cost breakdown
IPVA:
Annual vehicle property tax, rate can vary by state.
Licensing:
Annual registration fees required for vehicle operation.
Depreciation:
Annual reduction in vehicle value, typically around 15%.
Financing Payment:
Monthly payment for the financed amount over the specified term.
5 Surprising Insights About Vehicle Ownership Costs
Owning a vehicle involves more than just the purchase price. Here are five insights:
1.Taxes Vary by Region
IPVA rates or similar property taxes can differ dramatically, changing your annual costs significantly.
2.Insurance Complexity
Rates depend on your driving history, location, and credit score—two identical cars can have drastically different premiums.
3.Fuel Efficiency Matters
Better fuel efficiency saves at the pump and reduces environmental impact.
4.Maintenance Surprises
Regular servicing is cheaper than big repairs in the long run.
5.Depreciation Reality
Cars lose value quickly, especially in the first years, so factor in resale or trade-in value.