Vehicle financing in Brazil has the best first half since 2008

The Brazilian vehicle financing market closed the first half of 2026 with 3.78 million units financed, up 10.9% over the same period last year and the best result for the period since 2008. The data are from Trillia, B3’s business line dedicated to data, analytics and artificial intelligence.

The number, however, is still 10.6% below the level of 2008, when the sector accumulated 4.23 million operations in the first half of the year – a mark that remains the historical ceiling of the series.

The survey brings together cars, light commercial vehicles, motorcycles, trucks and buses, new and used. In this universe, used vehicles accounted for 2.38 million contracts, or 63% of the total, against 1.39 million for zero-kilometers.

The half-year reading, however, is less straightforward than the slice suggests. Although they concentrate almost two-thirds of the volume, used vehicles grew 9.2% in the period – below the 13.9% recorded by new vehicles, which went from 1.22 million to 1.39 million in financing. In other words: used cars sustain the size of the market, but it was the new ones that accelerated faster.

The advance in concessions reached all regions of the country. The Central-West led the expansion, with an increase of 13.1%, followed by the Northeast (12.6%), South (11.2%) and Southeast (10.6%). The North was the only one to stay in single digits, with 4.4% — less than a third of the pace of the Midwest.

In June, the zero-kilometer lost traction

The monthly cut reverses part of this trend. In June, financing of automobiles and light commercial vehicles totaled 434 thousand units, an increase of 11.9% in the annual comparison, but a decrease of 2.6% in relation to May. The boost came entirely from used vehicles, which reached 323 thousand contracts, up 12%. New ones fell 3.3%, with 112 thousand operations.

The deadlines have also lengthened. The average of contracts went from 46.3 to 47.2 months, with a higher concentration in vehicles up to three years old and in the range of four to eight years of manufacture – a profile that reinforces the weight of used vehicles in the composition of the credit.