Buying a brand new car is no longer an easy task. In times of economic uncertainty, the market for cars with more accessible prices grows, but the vehicles also become more expensive. Currently, there are no more new cars below R$ 63,000 in Brazil, possibly due to readjustments by automakers, in addition to greater taxes and high raw material prices. Check now the cheapest cars in Brazil!
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The cheapest brand new car in Brazil is currently the Fiat Mobi. The entry version of the Mobi Like (R$ 63,390) features a 1.0 Fire engine with 74 hp and 95 Nm, always combined with a 5-speed manual transmission. Without these options, the Fiat Mobi costs R$ 66,390 in the top Trekking version.
The second cheapest car is currently the Renault Kwid Zen, which costs R$ 64,690. This configuration adds an SCE 1.0 engine with 71 hp and 98 Nm, associated with a 5-speed manual transmission. The top Outsider version of the Renault Kwid reaches R$ 70,490.
Fiat's hatchback is also one of the cheapest in Brazil. The model is powered by a 1.0 Firefly engine of 75 hp and 105 Nm, coupled to a 5-speed manual transmission, and the entry-level Fiat Argo costs R$ 74,490. The top-of-the-line Trekking version of the hatch can reach R$ 84,690 with a 1.3 Firefly engine with 107 hp and 134 Nm.
First, we have to take into account that Brazilians generally believe that paying a high price for a car has already become a “culture” and is already common. But one of the main reasons Brazilian cars are expensive is that automakers have been increasing profit margins.
For example, this explains the price difference between Brazil and Mexico. The models produced and sold in the Brazilian market are exported to Mexico and Argentina for half the price. This is due to taxes in Brazil, but also because it is more profitable to produce cars here.
