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MADZ

2017 Budget - How it effects SL Motor Vehicles & Related Industries

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Hi guys, I'm creating a dedicated thread to discuss vehicle prices for 2017. 

To start with here's the Live Feed - 2017 Budget-  1st Time Reading. Feel free to update relevant info related to vehicles prices only and no other topics  :)

### Summary of today's budget (10/11/2016) related to vehicles ###

1) Tax deduction for electric vehicles
2) Tax incentive for exporting old vehicles

Edit - Changed the topic

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Cant we even talk about the reduction of parippu? :(

Not related to vehicle prices, but I found these interesting

  • Govt will encourage the use of electric cars for passenger transportation as an alternative to the less safe three-wheelers. Rs 200 million allocated for a pilot project to be launched for this purpose with loan facilities
  • Mechanism to be introduced to regulate three-wheelers and school vans
Edited by asrock

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Again not related to the vehicle prices.

රථ වාහන දඩය 2500ට නගී

  • රථ වාහන සඳහා මෙතෙක් ක්‍රියාත්මක කළ අවම දඩය රුපියල් 2500 දක්වා වැඩි කර ඇත.
  • එමෙන්ම රථ වාහන සඳහා නව කාබන් බද්දක්ද පැනවීමට කටයුතු යොදා ඇත.

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We have a good move,

 

ABS and Air Bags will be compulsory. this will effect majority of substandard Indian bullock carts imported to sri lanka.

There might be a price increase in small car segment because cheapest brand new ABS and Air Bag equipped car will cost more than 3.0M

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2 hours ago, peugeot407 said:

We have a good move,

 

ABS and Air Bags will be compulsory. this will effect majority of substandard Indian bullock carts imported to sri lanka.

There might be a price increase in small car segment because cheapest brand new ABS and Air Bag equipped car will cost more than 3.0M

Kia picanto is 2.5m

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16 hours ago, MADZ said:

Hi guys, I'm creating a dedicated thread to discuss vehicle prices for 2017. 

To start with here's the Live Feed - 2017 Budget-  1st Time Reading. Feel free to update relevant info related to vehicles prices only and no other topics  :)

### Summary of today's budget (10/11/2016) related to vehicles ###

1) Tax deduction for electric vehicles
2) Tax incentive for exporting old vehicles

Edit - Changed the topic

Cool time to get a Tesla Model3 or a Nissan Leaf

+ Having said that, the govt should make generating electricity a priority as the electric cars have to be charged,..:mellow: 

Edited by Twin Turbo

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5 hours ago, zeem35 said:

Kia picanto is 2.5m

doesn't have abs & airbag..models with airbag & abs starts at 3.05Mn

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3 hours ago, TheClutch said:

doesn't have abs & airbag..models with airbag & abs starts at 3.05Mn

This price will come down cos they will not be able to sell vehicles without them, will not be able to charge premium prices for safety features making them optional

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4 hours ago, Twin Turbo said:

Cool time to get a Tesla Model3 or a Nissan Leaf

Or even an i-miev as a second car :D 

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Making safety a must and not an option is a very very good move... I wonder about the D*MO batta's and mahendra trucks 

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Saw there's a proposal to apply something like a carbon tax to vehicles. Anyone knows more?

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Basically no dramatic changes.

All car below 1000cc non hybrid will go up by 200,000 to 250,000

Hybrid above 1800 to 2000 go up by

900k to 1mn

 

Electric cars have been reduced.

 

They have observed the import pattern after the last budget and increased on the category which has imported the most!

Screenshot_20161111-091833.png

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Kia picanto the best option in entry level will shoot in price by 250k.

 

Better to buy a used hybrid like fit GP1 than buy small cars and its mandotory that cars have abs and airbag.

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9 hours ago, hrm said:

Saw there's a proposal to apply something like a carbon tax to vehicles. Anyone knows more?

Quote

Propose to introduce a Carbon Tax for all carbon fuel run motor vehicles. The emission test fee also will be included in the Carbon Tax. The Department of Motor Traffic will be the collecting authority of the Carbon Tax. The cost of emission test of a vehicle will be reimbursed to service provider by the Department. The vehicle owners need not to pay an additional fee for the emission test.

 

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All these shows Sri Lanka has no Vehicle Policy as a country.

Recent budgets show the Government aiming particular brands of vehicles time to time, no clear cut rules on vehicles.

A country must have one policy on that at least  for several years.

When present bribery rate for Policemen is high government is trying to increase it further and reduce the Government income by introducing high fines for road offenses. This is correct, if on the road Sri Lankan Policemen are discerning , well educated and correct decisions makers.

As a whole R K**** is in blind state, and budget is no good.  

 

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Wasn't there something about cars being imported MUST have airbags, ABS and three point seat belts ?

If true then that is one good thing...hope they actually enforce it...atleast until our loving population starts protesting stating their human rights have been violated because the crappy, cheap Indian cars cannot e imported anymore.

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5 hours ago, Rohnd said:

All these shows Sri Lanka has no Vehicle Policy as a country.

Recent budgets show the Government aiming particular brands of vehicles time to time, no clear cut rules on vehicles.

 

 

How can the government target particular brands? :o The duty structure is based on the engine capacity, and whether the vehicle is carbon fuel driven, hybrid or electric. There's room for improvement but for me it sounds like a uniform policy.

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On 11/11/2016 at 10:47 AM, hrm said:

Saw there's a proposal to apply something like a carbon tax to vehicles. Anyone knows more?

As per the budget speech, the emission test cost would be replaced by this carbon tax.
I.e. you get the emission test done for free, pay for the test + the carbon tax to the local authority when you get the revenue license. Govt pays the emission testers.

No idea about the % of this tax and it only applies to carbon fuel driven vehicles (those that require the current emission test).

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Hi all,

1. What is the new Custom Duty Rate for Nissan Leaf?

2. What is the FOB price of 2016 Nissan Leaf 70KW and 80KW Brand new from Japan?

3. How much could be the landed cost of Nissan Leaf 70KW and 80KW ?

Tks in advance.

 

 

 

 

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