Brazil is 5th most expensive country to own a new car

The study assessed the impact of buying a car on the average annual salary in 40 countries, listing those where buying a new car weighs more or less on people's pockets.

RIO DE JANEIRO, BRAZIL - First it was the pandemic, then the high dollar. More recently, electronic components began to be in short supply in the market.

Together, these factors and an unstable economic scenario resulted in an increase of the price for new cars in Brazil since last year, whichin turn led to the price charged for used cars to increase as well. It is becoming increasingly difficult to buy and maintain a new car in the country.

The struggle Brazilians have been feeling was pointed out in a study by British consulting company Subscribe to our Premium Membership Plan. Already Subscribed?