How to deal with lack of new car supply in Brazil

By Daniel Bland - July 5, 2021 (Twitter?@DanielBlandBiz )?GlobalFleet.com -FleetLatAm.com

Owing to the lack of parts brought on by the impacts of the Coronavirus pandemic, acquiring a new car in?Brazil ?could take up to six months but there are several alternatives you could consider in the country.??

For more information on the state of the fleet market in Brazil and other fleet and mobility topics in Latin America, visit the?Latin America on-demand streams ?of the Global Fleet Conference 2021.?

One alternative could be acquiring a used vehicle that is still under warranty. Due to the high demand in the market, however, these vehicles are a bit expensive nowadays.???

Some models are even difficult to find for less than the national car pricing table FIPE.?For example, FIPE gives a 2019 standard compact hatch a price of some 46,000 reais (US$9,200). This type of car - which is very popular in Brazil - is difficult to find for that price nowadays.??

This brings us to other options, one being car sharing which involves accessing vehicles strategically located in parking structures in cities by way of a?mobil?app. After use, the app calculates the time used then charges accordingly. Another option is renting a vehicle which could be contracted short-term (daily or weekly) or long-term (3 to 4-year leasing)?

What I want to focus on today is subscription service which is a mid-term option that falls somewhere between short-term rental and long-term leasing. Approximately 8% of product offerings from car rental companies in Brazil are subscription.?See more here...