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New law will exempt almost 7 million cars across Brazil from IPVA; See some of the models that will benefit!

Written by Roberta Souza
Published 12/09/2024 às 15:16
“new law”, “IPVA”, “IPVA exemption”, “cars”
photo/reproduction: ia

Approximately 6,7 million cars could be exempt from paying IPVA if a new law is passed. The proposal aims to unify the IPVA exemption rules for vehicles manufactured over 20 years ago, offering a break for millions of drivers

Owners of carros older ones are about to get a financial problem. A new law (PEC 72/2023) approved by the Senate seeks to exempt vehicles manufactured over 20 years ago from IPVA , unifying the rules that currently vary from state to state. It is estimated that the proposal will benefit around 6,7 million cars throughout the country, including vehicles from states where this authorization does not exist, such as Minas Gerais e Pernambuco, according to the newsmotor website.

Currently, the rules of IPVA exemption are different in each federative unit. In some states, such as Amapá e Roraima , authorization already occurs after 10 years of manufacture. Other states, such as São Paulo e Rio Grande do Sul , already follow the 20-year rule, but places like Santa Catarina , Alagoas , Minas Gerais e Tocantins will have to adapt to change.

How can IPVA authorization work?

A new law aims to end regional differences in relation to IPVA for carros old. Currently, some states offer freedom from 10, 20 or even 30 years of manufacture, while in others the exemption simply does not exist. With the PEC 72 / 2023, vehicles manufactured over 20 years ago throughout Brazil will be automatically exempt.

The text of the proposal, authored by Senator Marcos Rogerio (PL-RO) , has been adjusted to ensure that the change will affect only states that have terms longer than 20 years. This means that in states where authorization is granted earlier, such as Amapá e Roraima , nothing will change. The objective is to standardize legislation and alleviate the tax burden on owners of older vehicles.

Tax-exempt cars: who benefits?

If the new law go through Câmara dos Deputados , the carros manufactured from 2004 onwards will be exempt from IPVA . This means that, as early as 2024, models popular among Brazilians will no longer generate the dreaded annual tax bill.

Check out some examples of vehicles that will be included on the authorized list:

· Chevrolet Celta Super (value between R$ 16 thousand and R$ 18 thousand)

· Ford Fiesta Class (average price of R$ 15 thousand)

· Volkswagen Polo Mi (around R$ 20 thousand)

· Exclusive Citroën C3 (from R$ 13 thousand)

· Fiat Palio Fire ELX 2004 (prices between R$ 15 thousand and R$ 16 thousand)

These popular templates are free of charge, giving a quote in the owners budgetWho wouldn't like to save a few thousand dollars a year? “It’s like taking a stone out of your shoe“, many would say.

What are the next steps for the new law?

Although the proposal was approved in the Senate, it still needs to go through some important steps before becoming a reality. Now, PEC 72/2023 goes to Câmara dos Deputados , where it will be voted on. If approved, the new law will come into force, and the rules will begin to apply throughout the national territory.

A IPVA exemption is a topic that generates great interest, especially among owners of carros old. Many are already looking forward to this change, which could represent a significant savings in the long term. After all, with rising inflation and the cost of vehicle maintenance, any disruption is welcome.

The impact of the new law on the automotive market

The possible IPVA exemption for carros old ones will not only benefit millions of Brazilians but can also impact the used vehicle market. Cars over 20 years old may become more valuable, as they are free from one of the biggest costs for homeowners.

With new law , the carros The use of old vehicles could gain new momentum, attracting both collectors and drivers looking for cheaper alternatives with lower taxes. Furthermore, the expectation is that this authorization will lead to better conservation of vehicles, as many will continue to run with fewer associated costs.

The new IPVA law

A new law which aims to IPVA exemption for carros With over 20 years of manufacturing, it could represent a major disruption for millions of drivers. If approved, we will advance the standardization of rules throughout the country, making the tax fairer and more accessible for everyone.

Now, all that remains is to wait for the next steps in the Chamber of Deputies and hope that the benefits soon reach the garages of so many Brazilians.

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Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

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