Changing cars may seem like a good idea, but there are reasons that may make you reconsider. Find out why now.
Change car It is a decision that requires planning and careful analysis of Brazil's economic scenario. Are you thinking about changing your vehicle at this time? Is it the right time to make such an important decision?
In January 2025, several factors indicate that this is not the best time to make this change.
The rise in interest rates, the strong dollar, pessimistic economic forecasts and the weakening of Brazilians' purchasing power are some of the main reasons for postponing this decision.
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Below, we will discuss in detail the reasons why it is prudent to postpone changing your vehicle at the beginning of the year.
High interest rates make it difficult to change cars
The current scenario presents a high interest rate, with forecasts of reaching 15% per year.
This increase significantly increases the cost of vehicle financing, making the payments heavier on the family budget.
Anyone looking to finance a new or used car should consider that high interest rates can compromise their financial health in the long term.
Furthermore, with the market in instability, there is uncertainty about when this rate may start to fall, which makes the purchase even riskier.
Experts warn that if interest rates are to fall, they should only drop slightly next year. Therefore, changing your car now is not a good idea.
High dollar impacting the market
Another worrying factor is the rising dollar, which directly influences the price of vehicles, especially imported ones and those with components manufactured abroad.
Even domestic cars end up undergoing price adjustments due to the increase in the cost of parts and supplies. Therefore, changing cars at this time means paying more than would be reasonable in more stable economic conditions.
The dollar closed Tuesday, January 21, with a slight drop of 0,18%, quoted at 6,0313 reais. In the accumulated total for January, the currency has registered a devaluation of 2,39%.
At 17:04 pm, on B3, the dollar contract for February, currently the most traded, showed a slight increase of 0,16%, being quoted at 6,0450 reais.
In Monday's session, the spot dollar had closed with a drop of 0,38%, reaching 6,0420 reais.
Economic uncertainties
The beginning of 2025 brings with it a series of economic uncertainties, from political issues to instability in the international market.
Brazil is facing a period of economic slowdown, which could have an impact on employment and the population's income.
With rising inflation and a lack of predictability, any high-value decision, such as changing cars, must be well thought out to avoid regrets and future financial problems.
According to data from the Focus Bulletin, published by the BC, the forecast for GDP growth in 2025 is 2,04%.
Fall in purchasing power
In recent years, Brazilians' purchasing power has been declining due to persistent inflation and the rising cost of living. Wages that are lagging behind rising prices mean that many consumers are more indebted and less able to take on new financial commitments.
When changing cars now, the consumer may find themselves in a difficult situation, having to cut essential expenses to pay the financing installments.
Also according to Focus, the inflation projection for 2025 went from 5,00% to 5,08%.
Beginning of year expenses: IPVA 2025
January is already a traditionally heavy month for consumers, with expenses such as IPVA, licensing and mandatory insurance.
These expenses are unavoidable for those who already own a vehicle and can further compromise the budget at the beginning of the year.
Buying a new car means having to face these costs again, plus additional ones, such as more expensive insurance and administrative fees.
What to do if you already have a pre-owned or used car?
If you have a pre-owned or used car in good condition, the best strategy at this point is to perform a complete inspection. Keeping your vehicle in perfect working order can extend its lifespan and avoid unnecessary expenses with emergency maintenance. Some recommended actions include:
- Periodic review of the main components, such as brakes, tires and engine.
- Change oil and fluids regularly.
- Pay attention to small repairs to avoid bigger problems.
- Insurance assessment to ensure adequate coverage without compromising your budget.
By taking care of the car you already own, you can face this time of economic instability without having to take on new debts.
Is it better to wait?
Faced with an uncertain economic scenario, with high interest rates, a high dollar and loss of purchasing power, the most sensible decision for anyone thinking about changing cars is to wait.
It is essential to avoid compromising your finances with unnecessary debt and focus on keeping your current vehicle in good condition.
While there are no clear signs of improvement Valuation, the ideal is to “stay quiet”, save and evaluate the best opportunities in the future.
Therefore, when the economy stabilizes, it will be possible to make a more conscious and advantageous exchange, without compromising financial health.