Move Brasil for taxi drivers and app drivers releases purchase of used cars; see rules, models and how to participate

The Federal Government authorized the inclusion of used vehicles in Move Brasil. The program is a credit line with a total amount of up to R$ 30 billion that allows taxi drivers and app drivers to acquire new and now used cars with exclusive conditions and reduced interest rates.

The expansion came into force on July 15 and allows the purchase of electric or hybrid flex models with a model year from 2024, maintaining the price ceiling of R$ 150 thousand. Originally, the program provided for a benefit only in the purchase of zero-kilometer cars. The strategic change came with the aim of expanding the options of workers who find it difficult to approve the full financing of a new vehicle, as well as boosting the transition to more sustainable fleets.

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According to the first balance sheet of the National Bank for Economic and Social Development (BNDES) that came out on July 14, about R$ 1 billion of the R$ 30 billion available had already been consumed. The resource served 10,179 drivers, registering an average financing amount of R$ 102 thousand.

Who can participate in Move Brasil?

The program is part of a measure by the Government of Brazil that makes it easier for taxi and app drivers to buy new cars with lower interest rates through financing lines with facilitated conditions.

The program was specifically designed to support regulated self-employed professionals in individual passenger transport. The eligibility criteria are:

• App Drivers (Uber, 99 and similar): must have been active for at least 12 months on the digital transport platform and prove that at least 100 rides have been made in this period within the same platform. The validation of aptitude is done and confirmed by the platform on which the driver operates.
• Taxi drivers: they must have active licenses and registrations with the competent municipal or traffic agencies, in addition to presenting tax and registration regularity with the Federal Revenue Service. Validation is done by the Federal Revenue Service based on the user’s data on the gov.br portal.

Attention to the limit: each beneficiary (per CPF) can finance only one vehicle. In the case of taxi cooperatives, the maximum limit allowed is one car per cooperative member.

Special Conditions for Women

To promote gender equality and encourage female entrepreneurship, Move Brasil provides differentiated credit conditions for women drivers and taxi drivers, offering even lower interest rates and more flexible grace and payment terms.

Interest rates, terms and financial conditions

Credit operations are mediated by BNDES and operated by a wide network of partner banks. The program offers easy payment terms and differentiated interest rates:

• Interest rate for women: 0.91% per month (11.5% per year).
• Interest rate for men: 0.99% per month (12.6% per year).
• Payment term: up to 72 months (6 years).
• Deadline for hiring: requests can be made until September 15.

Authorized new/used rules and models

Initially, the Mover program provided funding exclusively for fleets deemed by the government to be clean and modern based on the following criteria:

• Brand new cars.
• Models powered by flex, hybrid or 100% electric technology.
• The maximum value of the vehicle on the invoice must be up to R$ 150 thousand.

But, with the recent update that allows used cars, there are new requirements:

• Limit price: up to R$ 150,000 (same ceiling applied to new vehicles).
• Model year: produced from 2024.
• Propulsion: exclusively electric or flex hybrid.
• Accredited automaker: the manufacturer must be qualified in the Mover Program (Green Mobility and Innovation).

Qualified automakers and models eligible in Move Brasil

The following brands are accredited in the program:

• Volkswagen;
• Fiat;
• Renault;
• GM (Chevrolet);
• Honda;
• Hyundai;
• Nissan;
• Peugeot;
• Toyota;
• BMW;
• BYD;
• GWM.

List of eligible 0km models

• BYD Dolphin
• BYD Dolphin Mini
• Chevrolet Montana
• Chevrolet Onix
• Chevrolet Onix Plus
• Chevrolet Sonic
• Chevrolet Spark EUV
• Chevrolet Spin
• Chevrolet Tracker
• GWM Ora 03
• Honda City Hachback
• Honda City Sedan
• Honda HR-V
• Honda WR-V
• Hyunda Crete
• Hyundai HB20
• Hyundai HB20S
• Nissan Kait
• Nissan Kicks
• Nissan Versa
• Geely EX2
• Renault Duster
• Renault Kardian
• Renault Kwid
• Citroen Aircross
• Citroen Basalt
• Citroen C3
• Fiat Argo
• Fiat Cronos
• Fiat Fastback
• Fiat Mobi
• Fiat Pulse
• Jeep Compass
• Jeep Renegade
• Peugeot 208
• Peugeot 2008
• Toyota Yaris Cross
• Volkswagen Nivus
• Volkswagen Polo
• Volkswagen Saveiro
• Volkswagen T-Cross
• Volkswagen Tera
• Volkswagen Virtus

List of eligible pre-owned models

Step by step for Move Brasil: how to register and apply for financing

The process of joining the Move Brasil Program is completely free and digital. Here are the steps to ensure your benefit:

1. Access the official platform: enter the government portal at the address gov.br/movebrasil or directly in the MDIC services section.
2. Log in with the gov.br account: use your gov.br access data and authorize the sharing and cross-checking of data necessary to verify your eligibility.
3. Apply for financing: within five business days, you will receive a response confirming that you meet all the conditions in the mailbox of your profile on gov.br or by WhatsApp.
4. Choose the vehicle: after receiving approval, consult the participating models and visit an accredited vehicle store or dealership to choose the desired eligible vehicle, which must respect the limit of R$ 150 thousand.
5. Contract credit: with the documentation in hand and the registration validated by the government, look for a financial institution qualified to carry out the bank credit analysis and sign the financing agreement.
6. Directly at the bank: the request can also be made at the bank where you have an account, directly with the manager or through the institution’s app (several banks have an exclusive tab for Move Apps). In this case, it is important to remember that the credit analysis is rigorous and goes beyond the Serasa Score, as the previous good relationship with the bank has a significant weight in approval.
7. BNDES validation and vehicle release: as soon as the financing is approved by the banking institution, the proposal is sent to BNDES, which automatically and instantly validates the contract. The amount is transferred to the bank for payment of the Invoice in the store. With the invoice paid and the contract signed, the driver picks up the vehicle.

The financing term defined by the National Monetary Council is up to 72 months and the grace period is up to six months.

Taxi drivers should be aware that to have their registration approved it is necessary to have applied for exemption from Tax on Industrialized Products (IPI) in the last two years. The request can be made on the government services portal and once approved, it is possible to redo your registration on Move Brasil Taxi and Apps.

Which banks operate Move Brasil?

The credit line can be contracted through the following accredited financial institutions:

• Bank of Brazil
• Caixa Econômica Federal
• Santander Bank
• Bradesco
• Banrisul
• Sicoob
• Sicredi
• GM Bank
• Stellantis Bank
• Volkswagen Bank