Why cars are so expensive in Brazil?

An article published by Forbes highlighted the fact that a 2013 Jeep Grand Cherokee cost $28,000 in the US and roughly $89,500 in Brazil. You could buy 3 vehicles in the US for what one cost you in Brazil. And don't think Brazilians on average have deeper pockets, they don't. read more

Brazil Auto Maker Profitability Triple Those of U.S. Margins -Report Another factor is the demand that, even with prices that high, never ceases to increase, partly because public transportation is not very good, partly because cars still play a cultural role of status symbol. read more

Sure, domestically made vehicles are expensive when compared to similar models in the U.S. or Mexico, but the import guys are now effectively being priced out. read more

That's why we, here in brazil, have such bad cars comparing them to americans. Because while in America you can buy for US$23,000 a 2011 Ford Mustang, here in samba's country it costs about US$77,500 dollars( as 1 dollar = 2 reais). read more