Government launches financing of up to R$ 150,000 for app drivers and taxi drivers to buy new cars with interest rates below the Selic, and women will have even better conditions in the Move Brasil program, which can serve 250,000 people with R$ 30 billion from BNDES.

Written by Maria Heloisa Barbosa Borges

Published on 20/05/2026 at 13:03

Updated on 20/05/2026 at 13:04

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President Lula signed on Tuesday (19) the provisional measure that creates the Move Brasil program, a special financing for app drivers and taxi drivers to purchase new vehicles with interest rates of 12.6% per year for men and 11.5% for women, both below the Selic rate of 14.5%. According to NSC, BNDES will allocate R$ 30 billion for the credit line, with installments in up to 72 months and a six-month grace period.

The federal government launched the Move Brasil program, which creates a special financing line for app drivers and taxi drivers to purchase new vehicles with significantly below-market interest rates. Provisional measure 1.359/2026 was signed by President Lula at an event held in São Paulo this Tuesday (19) and provides R$ 30 billion in BNDES resources to serve about 250,000 professionals. The vehicles eligible for financing can cost up to R$ 150,000, a range that covers six out of ten cars sold in the country and includes entry-level electric models.

The financing will have interest rates of 12.6% per year for male drivers and 11.5% for female drivers — rates that are below the current Selic of 14.5% and represent much more advantageous conditions than those practiced by the conventional market. Lula stated that the financing installments should be lower than the amounts many drivers pay today to operate with rented cars, a practice that has grown in recent years with segmented rental companies and even informal rentals. Registration can be done now on the site gov.br/movebrasil, with a response in up to five business days and credit release scheduled for June 19.

Who can access the financing and what are the rules

The Move Brasil program serves two groups: app drivers from any platform Uber, 99, InDrive, iFood, and taxi drivers with active registration. For app drivers, the requirement is to have completed at least 100 rides in the last 12 months on the same platform. For taxi drivers, validation will be done by the Federal Revenue based on the registration data on gov.br.

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Lower interest rates for women and safety equipment

One of the program’s differentiators is the special condition for women. The provisional measure authorizes the National Monetary Council to offer even lower interest rates, longer terms, and the inclusion of additional safety equipment in female financing. The president of BNDES, Aloizio Mercadante, announced that the rate for women will be 0.91% per month (11.5% per year), compared to 0.99% per month (12.6% per year) for men.

The difference in rates by gender in financing reflects, according to the government, the goal of increasing female participation in app-based transportation and compensating for structural inequalities. The provisional measure allows female drivers to finance, along with the vehicle, items such as internal cameras and security devices — equipment that would not be included in conventional credit lines.

Those with negative credit can participate in the financing

One of the most frequent questions about the program is whether drivers with negative credit will have access to financing. The government’s answer is that there will be no formal restriction. Move Brasil uses the FGI-PEAC, a guarantee fund operated by BNDES, which can cover up to 80% of the credit risk, serving as a guarantee for debt payment and facilitating approval for professionals who would have difficulty obtaining credit through the traditional system.

In practice, however, the credit analysis will be conducted by the commercial banks operating the financing, and each institution may apply its own criteria. The government bets that competition among accredited banks will result in at least one institution willing to accept drivers with restrictions. The intention is for the guarantee fund to remove the main barrier preventing indebted drivers from switching from car rental to purchasing their own vehicle.

How financing compares to car rental

The car rental market for app-based drivers has grown strongly in recent years. Specialized rental companies charge weekly rates that, when added up over months, easily exceed the cost of financing. Many drivers pay between R$ 400 and R$ 600 per week to drive a rented vehicle — an amount that can exceed R$ 2,000 monthly.

With interest rates of 12.6% per year, financing of R$ 80,000 in 72 installments would result in payments significantly below this level, in addition to leaving the driver with an asset at the end of the contract. Lula used exactly this argument when launching the program: he said that the financing installment will be lower than the rental value, and that the driver will move from being a tenant to an owner. Move Brasil serves an audience estimated by IBGE at 1.9 million professionals working with app-based transportation.

The next steps of the Move Brasil program

Registration on the site gov.br/movebrasil is already open. Drivers who meet the prerequisites will receive a response within up to five business days, and those approved can seek out accredited dealerships and banks starting June 19. The financing will be operated by commercial financial institutions using resources provided by BNDES, in a model that combines public funds with private execution.

The government has informed that the list of financeable vehicles will be published soon and that the final conditions of interest rates and terms depend on the CMN regulation, expected this week. The program was also designed to stimulate the national automotive industry: by requiring vehicles produced by manufacturers qualified in Mover, Move Brasil directs demand to factories installed in the country. With R$ 30 billion in credit and 250,000 potential beneficiaries, the financing could significantly boost the new vehicle market in the coming months.

Are you a ride-hailing driver or taxi driver planning to use Move Brasil to change your car? Do you think the interest rates are really advantageous or is something missing from the program? Share your situation and thoughts about this line of credit in the comments.

Government launches financing of up to R$ 150,000 for app drivers and taxi drivers to buy new cars with interest rates below the Selic, and women will have even better conditions in the Move Brasil program, which can serve 250,000 people with R$ 30 billion from BNDES.

Who can access the financing and what are the rules

Lower interest rates for women and safety equipment

Those with negative credit can participate in the financing

How financing compares to car rental

The next steps of the Move Brasil program

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Government launches financing of up to R$ 150,000 for app drivers and taxi drivers to buy new cars with interest rates below the Selic, and women will have even better conditions in the Move Brasil program, which can serve 250,000 people with R$ 30 billion from BNDES.

Who can access the financing and what are the rules

Lower interest rates for women and safety equipment

Those with negative credit can participate in the financing

How financing compares to car rental

The next steps of the Move Brasil program

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