ILA - Anticipated Liquidation Indicator

The ILA, or Anticipated Liquidation Indicator, is calculated by using historic data from banks reports on anticipated liquidations of loans offered by Bradesco, Itaú, Santander and Votorantim Banks to finance the purchase of vehicles. As from March/2013, the released indicator also considers auto loan data provided by Volkswagen Bank. Those 5 financial institutions represent approximately 70% of the volume of vehicle financing nationwide.

Any moment in time, one can find a number of active contracts with installments paid monthly . Sometimes the contracting parties decide to anticipate payment of all installments in their contracts. In case all contracting parties decide to anticipate all contractual installments, the ILA would be 100%. On the other hand, if no installment payment is anticipated, the ILA would be 0%. A ILA of 20%, for example, means that in that month the proportion of anticipated payments was 20% of the amount of all installments of active contracts.

The ILA is monthly updated and released by Fipe in accordance to the monthly calendar.

Below the last index released. The complete historical series can be found in "Monthly Indicator".