Market analysis · Portugal · November 2026
Market data for the group’s four companies and what it says about each one’s strategy.
01
Car market
69.7%
of 2025 registrations were alternative-fuel
23.2%
were electric (BEV)
Relevant to
ChillAuto · ImporVIP · Sprint Ventures · Carisma
Which powertrains to buy, sell and import, and which to build the fleets on.
Registrations by fuel type
Passenger cars in Portugal, 2025 (%).
Source: ACAP, 2025 (EV share confirmed by Forbes Portugal, Jan. 2026).
02
Car market
36.1%
of new cars in August were electric, the 2026 high
~€26,000
average advertised used-car price in June, driven by higher-end vehicles
Relevant to
ImporVIP · ChillAuto
Today’s new cars are tomorrow’s used cars and imports: EVs and plug-ins gain weight in the catalogue.
Share of new car registrations
Passenger cars, January to August 2026 (%).
Sources: ACAP, via e-konomista; Standvirtual, via e-konomista.
03
Used cars
77.3%
is the retail price of used EVs against the January 2020 reference value
The market grew because used cars found their price and started attracting many more buyers.
Relevant to
ChillAuto · ImporVIP
Used EV prices have fallen: more buyers, but also more depreciation risk in stock.
Change by powertrain in the used-car market
Since January 2026 (%).
Sources: pplware.sapo.pt; razaoautomovel.com.
04
Used cars
28 vs 55
days in stock: city cars vs EVs
EVs gain ground, petrol and diesel retreat. Hybrids are the safe bridge.
Relevant to
ChillAuto
Capital earns where the car turns fast: city cars in stock, slow segments on commission.
Days in stock by segment
Until sold.
Powertrains in the used-car market
| Fuel | Prices | Demand | Best for |
|---|---|---|---|
| Electric | Falling | Accelerating | Short trips |
| Hybrids | Stable | Growing | Versatile use |
| Petrol | High | Stable | Economical use |
| Diesel | High | Stable | Long trips |
05
Used cars
42% vs 14%
warranty claims at 36 months: diesel vs EVs
Relevant to
ChillAuto · ImporVIP
Warranty weighs on margin: choose segments with fewer faults and size ImporVIP’s 18-month warranty.
Vehicles with warranty claims, by segment
At 18 and 36 months (%).
Warranty in Portugal
Sources: Decree-Law 84/2021. ~10% margin: informal industry estimate, no official source.
06
Used cars
International reference (USA): no equivalent series is published for Portugal.
12.5 years
average age of the US car fleet, an all-time record
Age of the car: more wear on covered components.
Source: S&P Global Mobility, 2023
30 to 40%
of customers with a warranty make at least one covered claim
Mileage: more use of covered systems.
Source: AAA / Consumer Reports
850 USD
average cost of a warranty-covered repair
Engine size: more expensive components to repair.
Source: AAA / Consumer Reports
Relevant to
ChillAuto · ImporVIP · Sprint Ventures
Prefer newer, lower-mileage vehicles; for vans, mileage is priced into the partnership.
07
Import
Used cars imported into Portugal.
120,787
used cars imported in 2025: an all-time high
53.7%
equivalent to new car registrations
7.9 years
average age of imported used cars
44%
EVs and hybrids among the 67,264 imports in the first half of 2026
Importing is no longer a niche: it weighs as much as the new-car market, and almost half of what comes in is electrified.
Sources: Benecar (Razão Automóvel); e-konomista.
Relevant to
ImporVIP · ChillAuto · Carisma
ImporVIP’s market is validated; ChillAuto refers those who want to import; the Carisma fleet comes in this way.
08
Import
Up to ~80%
ISV reduction by age for EU used cars, in a single table since 2025
Relevant to
ImporVIP · Carisma · Sprint Ventures
ISV feeds into the final import price, the cost of the Carisma fleet and the choice of electric vans.
Taxation of used cars imported from the European Union
In 2026.
| Powertrain | ISV in 2026 | IUC | Note |
|---|---|---|---|
| Petrol | Engine size + CO₂ (petrol table), reduced by age | Annual | Comparison benchmark |
| Diesel | Harsher CO₂ table + €500 for particulates | Annual | ISV above petrol |
| Plug-in | Pays 25% of ISV with 50 km electric range and low emissions | Annual | Non-plug-in hybrids get no discount |
| Electric | Exempt | Exempt | Biggest tax advantage |
Sources: Auto.Moto, Caetano, Simula.pt, EcoImport. 2026 tables identical to 2025.
09
Import
−€4,350
against a Portuguese dealer: ImporVIP beats the domestic market
+€2,320 to €3,520
against a fee-charging importer: this is what the service has to justify
Relevant to
ImporVIP
Importing pays off for ImporVIP customers.
Final price of the same 2023 VW Passat Variant GTE
By purchase route.
Simulation with the same purchase, transport, registration and ISV cost (€21,280). Sources: edaximport.pt; autogo.pt; PiscaPisca listing.
10
Commercial fleet
Large vans
€840 to €1,166
per month. Flexible 1- to 24-month contracts, always with a risk and track-record check. Europcar charges daily, with a deposit.
Relevant to
Sprint Ventures
It is the benchmark for Sprint’s base rent (20% of average renting) and proof that a start-up with no track record benefits from the partnership.
Monthly van renting, list price
With 23% VAT, October 2026.
List prices, no negotiation, quoted without VAT (€683, €788 and €948) plus 23% VAT. Sources: ayvens.com, arval.pt, europcar.pt.
11
Executive transport
Demand for executive transport in the Lisbon region.
36.1 M
passengers at Lisbon airport in 2025, 2.9% more than in 2024
1st
city in the world for international congresses (ICCA 2025): 188 in Lisbon
71,386
attendees from 157 countries at Web Summit 2025
75%
of the Lisbon region’s private aviation goes through Tires aerodrome
Sources: ANA/Vinci (Jan. 2026); ICCA via RTP (May 2026); AICEP (Nov. 2025); Observador (Aug. 2025).
Relevant to
Carisma
Demand is concentrated at the airport, in congresses and in private aviation: that is where corporate accounts are won.
12
Summary
23.2%
of 2025 new cars were electric
ChillAuto · ImporVIP
77.3%
is the price of used EVs against 2020
ChillAuto · ImporVIP
28 vs 55
days in stock: city cars vs EVs
ChillAuto
42% vs 14%
warranty claims at 36 months: diesel vs EVs
ChillAuto · ImporVIP
120,787
used cars imported in 2025, an all-time high
ImporVIP · Carisma
−€4,350
importing vs a Portuguese dealer, same car
ImporVIP
€683 to €948
per month, before VAT, for commercial van renting
Sprint Ventures
36.1 M
passengers at Lisbon airport in 2025
Carisma
In common: in all four markets the customer does not complain about price; they complain about the lack of quality and trust.
13
Summary
Reading
Used cars have gained scale, but capital only earns where the car turns fast and does not come back to the workshop.
Strategy
Reading
Importing pays off and demand exists. The market’s complaints are about the process, not the price.
Strategy
Reading
Renting is expensive and requires a track record: the start-up is left without an answer. That is Sprint’s space.
Strategy
Reading
Executive demand is large and concentrated; supply is split between small operators and platforms.
Strategy
14
Shown on each chart. Public data compiled in November 2026.
Portuguese market. Warranty by age, mileage and engine size uses a US reference, as no equivalent series exists for Portugal.
Tomás Seabra and André Rebelo.