This is kind of old news, but we thought it would be interesting to re-post it. Just to show how ridiculous are car prices in Brazil. With inflation soaring and the Brazilian Real (BRL) recent depreciation trend, this price gap tends to widen even further.
Medium Sedan
| Brazil: Toyota Corolla GLI 1.8 mecânico | US$ 39.500 (R$ 65.959) |
| USA: Toyota Corolla 1,8 mecanic | US$ 17.300 a US$ 19.000 |
| Brazil / USA ratio = 2,08 to 2,28 | |
| Brazil: Honda Civic LXS 1.8 mecânico | US$ 39.916 (R$ 66.660) |
| USA: Honda Civic DX mecanic | US$ 15.805 a US$ 17.385 |
| Brazil / USA ratio = 2,30 – 2,53 | |
| Brazil: Nissan Sentra 2.0 L mecânico | US$ 31.736 (R$ 53.000) |
| USA: Nissan Sentra 2.0 mecanic | US$ 15.550 a US$ 17.105 |
| Brazil / USA ratio = 1,86 – 2,04 | |
| Large Sedan | |
| Brazil: Hyundai Azera GLS | US$ 50.898 (R$ 85.000) |
| USA: Hyundai Azera GLS | US$ 25.495 a US$ 28.044 |
| Brazil / USA ratio = 1,81 – 2,00 | |
| Medium SUV | |
| Brazil: Toyota RAV4 2,4L 4-Cil | US$ 54.491 (R$ 91.000) |
| USA: Toyota RAV4 2WD 2,5L 4-cyl | US$ 22.025 a US$24.000 |
| Brazil / USA ratio = 2,27 – 2,47
Source: Estadao |
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The new President Dilma has implemented a new import tax on vehicles which will do 2 things
1) Increase the price of imported cars
2) Allow Brasilian manufacturers to charge even more for their product. You can buy a Brasilian made car in North America for less than 1/2 what it cots in Brasil – go figure
Also she has implemented a program where a few select companies can apply for import permits which take 60 days to get – guess who is lining their pockets – her cronies – so far only 8 Ministers canned for corruption in 12 months – go figure
And this applies to TV's, all electronics, food, etc – it is more expensive in major Brasilian cities than New York, Paris, Munich and others – and the quality of life – go visit a public hospital which are a "bring your own sheets, blankets, cleaners, pillows, medicines and anything else you need" program – oh – the one thing you are pretty much guaranteed to get from being their – an infection for simply stopping by