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Video: Vehicle prices going up

15 November 2012 03:28 am - 39     - {{hitsCtrl.values.hits}}

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The Excise Duty on all vehicles had gone up by between Rs.200,000 and Rs.500,000 in the 2013 Budget thus greatly increasing the prices of all vehicles, said Mahinda Sarathchandra the chairman of the Vehicle Importers’ Association.

Speaking to Daily Mirror, Sarathchandra said the price of a small car such as a Maruti would go up by Rs.200,000 while models like the Toyota Vitz would go up by between Rs.200,000 and 250,000,  depending on the year of manufacture.

He said the prices of vans and trucks would go up by some Rs.400,000, and the prices of vehicles weighing more than five tonnes would go up by between Rs.400,000 and Rs.500,000.

Sarathchandra said the import tax on vehicle permits for government employees had been increased by 10 to 20 percent. The import tax on racing cars like go-carts had been reduced but the import tax on luxury sports cars would remain the same, he said.

He said the prices of locally assembled vehicles would not be increased as such vehicles were exempt from Excise Duty.

Due to the increase in vehicle prices, vehicle traders will have to face difficulties and they will find it difficult to sell the vehicles that have been already imported, he said. (Chaturanga Pradeep)


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  Comments - 39

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  • Pathum Thursday, 15 November 2012 07:17 AM

    By any chance, can we ride a go-cart for work? :D If so, this can make a huge impact on the day-to-day transport. Imagine a family with 4-5 go-carts, leaving home at the same time and having a mini races until there destinations.
    After all, transportation will not be boring anymore. :D

    safo Thursday, 15 November 2012 07:21 AM

    Anton - please allow me to re correct you.... we pay for their vehicles - (taxes)

    Managala Thursday, 15 November 2012 07:23 AM

    this is to avoid flow of money outside the country bad economic status

    senavi Thursday, 15 November 2012 04:05 PM

    and to import these vehicles we are using dollars earned by poor blue collar workers like housemaids

    Wasa Friday, 16 November 2012 08:23 AM

    Dave,,,, What a comment............DURING HIS 2 YEARS HE PROVED WHO IS HE.......... But our Bullshits voting for who gives DANSAL during the election period....... "Google DANSALA - Kottawa is the best example

    Asif Thursday, 15 November 2012 04:25 PM

    Bullock cart and push cycle is the answer for pollution free society or even walking is better for health.

    Rahu Thursday, 15 November 2012 04:33 PM

    He will be re-elected again when the next election comes. Thats why he kept the name "Miracle in Asia "

    Kaushal Saturday, 17 November 2012 06:32 AM

    It is something should have been done such like a small country.The result would be effected long term wise in the future.

    IHM Thursday, 15 November 2012 04:17 AM

    How about Bullock Carts ... only solution in Wonder of Asia

    Minister Thursday, 15 November 2012 04:42 AM

    This indicates beyond any doubt the economic conditions of the country is badly deteriorating!

    gamarala Thursday, 15 November 2012 11:37 PM

    milk evey penny out of the public and live happily everafter.

    SK Thursday, 15 November 2012 04:48 AM

    Government is looking for some machines, which they will fix to human and count the walking distance. So you have to pay taxes for every step u keep. Guys get ready, sooner this will happen.

    The Goblin Thursday, 15 November 2012 04:50 AM

    Agree, the best mode of transport next to racing cars.

    richardson Thursday, 15 November 2012 11:49 PM

    Only the Ministers can give their sons, sports cars as gifts.

    Majority of Sri Lankans will get really upset if the prices go up.

    perere Thursday, 15 November 2012 04:55 AM

    funny policies. Government should be more people friendly than this. we vote for them and and we are punished for the same.

    lk Thursday, 15 November 2012 05:04 AM

    so Go carts are exempted? wow!

    OMG Friday, 16 November 2012 06:06 AM

    I am selling my Tata Batta and buying a racing car.

    perera Thursday, 15 November 2012 05:35 AM

    may be it is time for vehicle importers to look at other businesses like cheap affordable food for the people than whinging and crying about these.
    alternatively ;look for another job.

    the roads in sri lanka are too congested anyway. do we need more polluting vehicles

    roadrunner Friday, 16 November 2012 12:47 AM

    200% agree.

    Fernando Thursday, 15 November 2012 12:45 PM

    This is call wonder of Asia.very shame about these things.

    Bush AYYA Thursday, 15 November 2012 12:55 PM

    ayyo man order karapu marutiya , kiyala wedak na

    SL Thursday, 15 November 2012 12:58 PM

    but babies can have sports cars with no taxes!!

    Samantha Friday, 16 November 2012 12:52 AM

    Vehicles are not luxury item in rest of the world except in Sri Lanka We need to pay 3 times higher than other countries normal prices

    Fabulous Friday, 16 November 2012 12:54 AM

    We as a sensible Citizens, should all get together and protest this kind of moves. How can the people afford this, this is pushing the middle class to poor status.

    dave Thursday, 15 November 2012 12:57 PM

    Why people of Sri Lanka does not recognize Mr. Ranil Wickremasinghe?
    He has got the right solutions for Economy recovery and the genuine development.

    SL Thursday, 15 November 2012 01:02 PM

    then why they are going to cut the taxes on sport cars costing in corors?.this is just to satisfy his car loving son

    Anthony Thursday, 15 November 2012 01:09 PM

    Good work govt of srilanka. Taxes built the country. Tax the rich and build the country.

    SL Thursday, 15 November 2012 01:13 PM

    They were harassing us like nothing we as Exporters from Japan . Hope Japanese government will interfere byway of reducing loans to Sri Lanka.

    Prof Wickramatillake Thursday, 15 November 2012 01:26 PM

    All those who voted shall be punished - Chintana's ten Commandments

    meranchi Thursday, 15 November 2012 01:28 PM

    why not push cycle less expencess ...i

    ANTON Thursday, 15 November 2012 06:10 AM

    No problem for ministers, they are getting vehicles free.

    meranchi Thursday, 15 November 2012 01:36 PM

    ape gona apita hodai.....i Ranil

    Qiniz Thursday, 15 November 2012 06:09 AM

    vehicle bussiness going down...........

    Thevy Thursday, 15 November 2012 01:43 PM

    What about Politicos vehicles' duty?

    Potta Sunil Thursday, 15 November 2012 01:44 PM

    They don't even deserve a motor cycle, let them travel by bus and know how the common man feels.

    Curious Thursday, 15 November 2012 01:52 PM

    We have too many vehicles in a small country and this could be experienced when you are on the roads.

    jayantha silva Thursday, 15 November 2012 06:43 AM

    How about asking the politicians to set an example by getting rid of their back up, and using smaller vehicles ? Most of them did'nt even have a push bike before they got into politics.

    priyantha Thursday, 15 November 2012 06:59 AM

    Mekai aluth chinathe. you fools deserve this n more!

    common sense Thursday, 15 November 2012 02:25 PM

    i'm gonna buy a gocart and i think that's cool . thanks mr president i love you


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