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Imported vehicle prices likely to increase: VIASL

1 April 2017 01:08 pm - 7     - {{hitsCtrl.values.hits}}

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The prices of imported vehicles is likely to increase because of the increase in the exchange rates, especially the Japanese Yen, Vehicle Importers' Association of Sri Lanka (VIASL) said yesterday.

VIASL Chairman Dinesh Senanayake said the selling rate of a Japanese Yen is Rs.1/40.

“Therefore, a vehicle worth Rs.5 million will be increased by Rs.200,000. This will only effect future vehicle imports,” he said. (Chaturanga Pradeep)

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  Comments - 7

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  • JAN Saturday, 01 April 2017 11:39 AM

    what about MPs Duty Free SUVs purchasing very low prices while poor tax payers motor cars prices increased discriminate way via DM Android App

    Justica USA... Saturday, 01 April 2017 02:16 PM

    we might be the ONLY country paying so much of taxes in the entire world to maintain out Fat parliament and the EVEN FATTER parliamentarians...we seem to be paying more than 300% of the value of the vehicle...disgusting... via DM Android App

    Janith DK Saturday, 01 April 2017 02:26 PM

    1stThe prices of "imported vehicles" is likely to increase2ndThis will only effect "future vehicle imports"i'm confused ! :/ how can they increase the price of cars that they already pay TAX and "imported" ?i understand that high exchange rates going to effect LKR but how is that going to effect "imported vehicles" ?future imports YES but imported vehicles WTF

    saman Saturday, 01 April 2017 05:13 PM

    I am afraid.. this government made all of us 365 days fools.

    Dee Saturday, 01 April 2017 08:45 PM

    This will not discouraged our vehicle loving nation. Registration will grow, walking will be faster.

    Madiya Sunday, 02 April 2017 07:50 AM

    The vehicle registration in Sri Lanka has dropped in recent months and the car dealer (or wheeler dealers) are up in arms. That is why they are showing such a great love for the public. Soon their main supporter may also be removed. Ha Ha Ha! This ride the Bus and Walk.

    Paulson Sunday, 02 April 2017 11:37 AM

    The value of a car is more than 3 times in SL. The government is depriving people their right to own a safer mode of transport at affordable prices.


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