The Federal Government has implemented an alteration to the Move Brazil program, now allowing the acquisition of used vehicles. This program functions as a line of credit with a total amount of up to R$ 30 billion, intended to facilitate the purchase of both new and used cars by taxi drivers and ride-share drivers, offering special conditions and reduced interest rates.
Details of the Expansion and Objectives
This expansion came into effect on July 15th and covers electric or hybrid flex models with a model year from 2024 onwards, maintaining the price limit set at R$ 150 thousand. Previously, the benefit was restricted to the purchase of brand-new automobiles. The change aims to broaden possibilities for workers who face difficulties obtaining full financing for a new car, while also encouraging the migration to more environmentally friendly fleets.
Initial Program Results
According to the first report released by the National Bank for Economic and Social Development (BNDES) on July 14th, approximately R$ 1 billion of the R$ 30 billion available has already been utilized. This resource benefited 10,179 drivers, with an average financing value recorded of R$ 102 thousand.
Eligibility Criteria
The program is part of a Brazilian Government initiative to simplify vehicle purchases for taxi and ride-share drivers, offering financing with lower interest rates and facilitated conditions. It was created specifically to support self-employed professionals in individual passenger transport.
Participant Requirements
Eligibility criteria vary according to professional category. Ride-share drivers (such as Uber, 99, and similar) must have an active registration on the digital platform for at least 12 months and prove they have completed at least 100 rides on that same platform, with this aptitude confirmed by the platform itself. Taxi drivers, on the other hand, must possess valid licenses and registrations with competent municipal or traffic bodies, in addition to demonstrating fiscal and registration regularity with the Federal Revenue, which is validated via the gov.br portal.
Limits and Special Conditions
Each beneficiary, identified by CPF, is permitted to finance only one vehicle. For taxi cooperatives, the maximum limit is one automobile per cooperative member. Additionally, to promote gender equality and support female entrepreneurship, Move Brazil offers differentiated credit conditions for women drivers and taxi drivers, including lower interest rates and greater flexibility in grace and payment periods.
Financial Conditions and Terms
Credit operations are managed by BNDES and executed by a vast network of partner banks. The program provides distinct interest rates: 0.91% per month (equivalent to 11.5% per year) for women, and 0.99% per month (12.6% per year) for men. The maximum repayment term stipulated is up to 72 months (six years), and applications can be made until September 15th. The grace period is up to six months, as defined by the National Monetary Council.
Authorized Models and Rules
Initially, the Mover program financed only modern and clean fleets, requiring brand-new vehicles, powered by flex, hybrid, or 100% electric technology, with a maximum value of R$ 150 thousand on the invoice. With the inclusion of used vehicles, new requirements emerged: the price limit remains at R$ 150,000, the model year must be from 2024 onwards, and the propulsion must be exclusively electric or hybrid flex. It is mandatory that the manufacturer is enabled in the Mover Program (Green Mobility and Innovation).
Move Brazil Enrollment Process
The procedure to join the Move Brazil Program is entirely digital and free. The interested party must access the government portal at gov.br/movebrasil or the MDIC services section, log in with the gov.br account, and authorize data cross-referencing for eligibility verification. Within five business days, the candidate receives confirmation of service in the gov.br profile messages or via WhatsApp. After approval, the participant chooses the eligible vehicle, respecting the R$ 150 thousand ceiling, and seeks out an accredited dealership or store to contract the credit. Alternatively, the application can be made directly at the client's bank, where the credit analysis is rigorous and considers the banking history, not just the Serasa Score. Finally, after bank approval, the proposal is sent to BNDES for automatic validation, and the amount is released to the bank to settle the Invoice, allowing the driver to pick up the vehicle.

