en.Wedoany.com Reported - Toyota has included its compact SUV Yaris Cross XR in Brazil's mobility program, which offers special financing conditions for taxi and ride-hailing drivers. Toyota provides a 10% discount on the entry-level version of this model, with a suggested retail price of 149,990 Brazilian reais. After applying other tax exemptions, the final price for taxi drivers is 112,480.63 Brazilian reais, while for ride-hailing drivers it is 134,991 Brazilian reais.

The program will take effect on the 19th of next month, targeting new vehicles priced at no more than 150,000 Brazilian reais that meet sustainability standards, including flex-fuel, hybrid flex-fuel, electric, or pure ethanol models. Participating vehicles must come from manufacturers certified under the mobility program. The Brazilian National Bank for Economic and Social Development provides financing, with the condition that participating manufacturers must offer at least a 5% discount to drivers who have been approved for credit. The maximum payment term is 72 months, with a maximum grace period of 6 months.

The annual interest rate for male drivers is 12.6%, while for female drivers it is 11.6%; the monthly rates are 0.99% and 0.91%, respectively. The Brazilian government believes that vehicles priced at no more than 150,000 Brazilian reais account for over 60% of the country's total car sales, and the new program could generate an additional 200,000 to 300,000 units in annual sales.

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