The tax base is currently set at a level that makes cars with a retail price of more than $3,770,000 approximately reachable (pickups are exempt). Due to the way in which the tax is attributed and profitability resigned, this value is different for each brand. When you pass that limit, you start paying an aliquot of 20%, which represents a price increase of 25%. This causes them to be dislocated from the market.
The fact to keep in mind is that the most accessible 0 km are close to $3,000,000. In other words, there is a very small gap of vehicles that are outside of that tax burden.
If the generalist brands are taken – which represent about 95% of the market – it is clear that the tax pressure is reaching almost all models.
These automakers, which have industrial establishments in the country, market around 60 models of car or SUV models. At least 40 have to pay the “luxury” tax on all versions or at least one of them.
Of the remaining 20, more than 10 have prices just below the value since they start paying Interns. This is called in the market being “capped”. That is why you can find the same list price in four, five and even six versions of the same model, even if they have different levels of equipment.
But this is for protocol purposes: in practice, these cars are not available because they are withdrawn from the market (or sold at a premium). It is true that these prices are the official ones, since in the dealerships they handle surcharges to buy a unit in a place without supplies.
What are the cars that do not pay “luxury tax”
To this are added the models of imported or high-end brands, such as Audi, Mercedes-Benz, BMW, Volvo, Hyundai, Kia, DS, Alfa Romeo, Lando Rover, Jaguar, Lexus, Porsche, plus the Chinese group, among other. Only the three Germans (Audi, MB and BMW) offer 35 models. With the rest, they exceed 70. Almost all of them pay internal taxes. If they are added to those of the general brands, there are about 120 models that pay, 10 that do not but are capped and another ten that are left out.
volkswagen, for example, is one of the brands with a broader product portfolio. For the purpose of marketing the Gol, of the seven models it sells, all are covered by the “luxury” tax on some or all versions. Polo, Virtus, Nivus, this is how they show it.
In Ford, the EcoSport is priced “capped” at $3,715,000 and is excluded. However, the rest of the range (Teritory, Bronco, Kiga Hybrid and Mustang) pays for it. The oval brand no longer sells hatchbacks or sedans.
nissan It has “capped” its range entry, the Versa, at $3,641,000, but from there, they are reached. Sentra, X-Trail, Leaf and some versions of the Kicks.
General Motors has the Cruze just under tax at $3,726,900. It does not reach the small models like the onyx and the Joy. In the case of the Tracker, the Premier version does pay the fee. Also the Equinox and the Trailblazer.
Renault It is one of the models that suffer the least tax surcharge. It sells six models and only pays for the Koleos, although the four Duster versions and the four Captur versions are worth the same: $3,726,100.
In Toyota, with seven models, the Etios and the Yaris are exempt from the tax, but the latter has two “capped” versions. The Corolla pays in six of its eight versions and the rest (Corolla Cross, Land Cruiser, Padro and SW4) in full.
Stellantis It has several brands. For JeepExcept for two versions of the Renegade, the rest pay: Compass, Commander, Wrangler and Grand Cherokee.
peugeot It has the boy 208 with 5 versions outside the tax, but the top of the range, the GT, could not escape. The 2008 has three versions: one that pays and two “caps” at $3,641,200. The 3008 and 5008 suffer the tax surcharge.
The most accessible model citroen is the cacti. It has six versions “capped” at $3,641,200 and two that pay for it. Obviously the C5 Aircross is also reached.
The other general brand of Stellantis is Fiat. The Mobi model is out of reach as it is one of the cheapest on the market. The Cronos too, and the Argo is right on the edge, as is the new Pulse. The only one reached is 500.
Although it no longer produces cars in the country. Sling still inside ADEFA. It sells seven models. Two (Fit and WR-V) manage to escape the tribute, the HR-V has two versions reached and there are four models that pay: Civic, CR-V, Accord and Pilot, according to the May list.
Source: Ambito
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