The IPVA, or Tax on Motor Vehicle Ownership, is a mandatory annual tax for vehicle owners. The revenue collected from the IPVA is used to improve public services, such as roads, schools, and hospitals.
To calculate the IPVA (Vehicle Property Tax) for the year 2024, follow this simplified guide:
ONLINE IPVA CALCULATOR
1. Determine the Market Value of the Vehicle
- Consult the FIPE Table.The Foundation Institute of Economic Research (FIPE) publishes a reference table for vehicle prices in Brazil. Access the FIPE website or similar platforms to find the average value of your car, motorcycle, or truck, considering make, model, year, and version.
Consult the FIPE table.
- Vehicle Sales WebsitesAlternatively, platforms like OLX, Webmotors, and iCarros can offer a good idea of market value. Compare the prices of vehicles similar to yours.
- Adjust the value according to the vehicle's condition.If your vehicle has extra accessories or is in poor condition, this can influence its value.
- Vehicle Evaluation AppsUse online tools and apps that provide value estimates based on basic vehicle information.
- Consultation with the Department of Motor VehiclesYour state's Department of Motor Vehicles can provide information about the market value of vehicles.
2. Check the IPVA tax rate for your state.
- Each Brazilian state sets its own tax rate for calculating the IPVA (Vehicle Property Tax). This information can be found on your state's Detran (Department of Motor Vehicles) website.
3. Calculate the IPVA (Vehicle Property Tax).
- Multiply the market value of the vehicle by the IPVA tax rate for your state. For example, if your vehicle is worth R$ 30,000 and the tax rate is 3%, the IPVA to be paid will be R$ 900.
Tips for Paying Vehicle Property Tax (IPVA)
- DiscountsSome states offer discounts for cash payments of the IPVA (Vehicle Property Tax).
- InstallmentIf necessary, the IPVA (Vehicle Property Tax) amount can be paid in installments, although this usually excludes the benefit of the cash discount.
Paying the IPVA (Vehicle Property Tax) is an obligation for vehicle owners, and this guide makes it easier to calculate the amount due for 2024, allowing for better financial planning.