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Do you know why cars are so expensive? In addition to the rise in fuel prices, such as gasoline and diesel, that of vehicles scares the consumer. Understand!

Published 29/06/2022 às 15:40
cars vehicles fuel prices gasoline diesel inflation production costs semiconductors demand ocean freight taxes
Car prices have increased in the last 2 years and the trend is to continue advancing | Photo: Jornal Contábil

The price of cars is the result of a series of factors that happen simultaneously, such as the semiconductor crisis, high production costs, inflation, pandemic and demand.

Are you scared of the price of cars? Know that you are not the only one. In recent years, the market automotive has shown consecutive increases in the price of vehicles, as well as gasoline and diesel. Experts point out that several factors contributed to this feat, in addition to the rise in fuel prices. Among them, we have the semiconductor crisis, the high production costs and inflation at world level as protagonists.

Consumers have been witnessing an impressive increase in the value of vehicles, especially in the last two years. Cars that cost an average of R$50 are now selling for R$100. It is difficult to see an optimistic scenario for an improvement in prices while international issues, such as inflation and fuel prices, especially gasoline and diesel, are not resolved. Understand the relationship between environmental factors in the high price of cars.

See the real reason for the high car prices with the video below

Car prices could get even higher if the national and international market situation doesn't improve | Playback – YouTube: O Primo Rico

The pandemic and the semiconductor crisis played a central role in raising prices

The pandemic brought a stoppage to all sectors of the economy, including the automobile sector, and with that, several subsequent problems. During this period, semiconductors, which make up cars, computers, televisions and microprocessors, began to be requested by sectors that previously did not make much use of them, especially health.

Thus, there was a redirection of sales of this component to other sectors, with the automobile industry going to the end of the queue. After all, new car production has slowed down and required fewer parts.

Semiconductors make up a large part of the structure of the vehicle. An Ônix model, for example, has 1.000 semiconductors, and each one costs between R$5 and R$10. Therefore, the lack of this component in the market and the high demand generate an increase in the individual value of each semiconductor, impacting on cars .

Rise in car components such as steel, rubber, oil and aluminum, as well as the dollar price, also influenced

Cars are basically composed of steel, rubber, oil and aluminum, which have had a resounding increase in the last 2 years. Steel is up 45% since 2020, rubber 30%, aluminum 75% and oil 330%. Petroleum derivatives are associated with the vehicle production chain, stimulating the increase in the final product and also of fuel prices, such as diesel and gasoline.

In addition, the dollar has a direct impact on the price of cars, affecting up to 70% of the total value of the final product. Considering that the dollar has increased by 20% since 2020, an increase in the value of vehicles is to be expected. Inflation also has its share of blame, it is happening all over the world and becoming a snowball, generating more increases in the entire production chain and impacting fuel prices.

Ocean freight, taxes and pre-owned demand are also to blame

In Brazil, cars have 5 directly related taxes:

  • Tax on Operations related to the Circulation of Goods (ICMS);
  • Taxes on Industrialized Products (IPI);
  • Contribution for the Financing of Social Security (COFINS);
  • Social Integration Program (PIS);
  • Tax on Motor Vehicle Ownership (IPVA).

All these taxes manage to raise the price of the car between 30 and 49%.

Sea freight is also considered, since it is used to transport parts that will compose the cars and many vessels are directly affected by fuel prices, like diesel. Since 2020, sea freight has increased by 5,7 times, bringing the cost of production into the consumer's pocket.

Finally, the demand for used cars closes the top of the reasons for the increase in car prices. The demand for used cars has increased because the price of brand new cars is much higher than what Brazilians want to pay for a car. As a result, the value of semi-new vehicles also increases, following the logic of supply and demand in the market. And since dealership vehicles cannot be cheaper than semi-new ones, their price increases along with it.

However, while the situation of external factors does not improve, the tendency is for values ​​to continue to increase.

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Sabrina Moreira Paes

Inhabitant of Greater São Paulo, 25 years old, graduated from UFPR with an MBA in marketing from USP. She has a master's degree from Unicamp and a doctorate in progress at USP. Marketing, Copy, SEO and Ghost Writer professional certified by the Universities of Stanford, California, Northwestern and Toronto. Get in touch with us to suggest an agenda, publicize job openings or propose advertising on our portal. We do not receive resumes.

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