As is happening with other products that have a high percentage of components in Dollars, Car prices rose 40% in the last two weekswhich especially hits the middle sectors of the populationwho see the chance of accessing a vehicle as increasingly unlikely.
The remarkings were unleashed once it became clear that the president’s first measure Javier Milei It would be devaluation. Already with the announcement that the peso depreciation would be around 55%the terminals strongly adjusted the price lists.
Cars: in the face of price increases, what do dealerships offer?
To try to prevent sales are completely stoppedespecially considering that it is a time of year where you have to pay multiple expenses, dealerships are offering vehicles in stock at previous priceswhich can be an advantageous option for those who have “cash”especially if it is Dollars.
car dealerships
Ignacio Petunchi
The dealerships are taking the North American currency at about $1,000presuming that this may be the value to which the dollar would end up going when the shock plan to adjust public accounts is completed.
The increases in the cars were actually two: one of the fifteen% at the beginning of the month and another 25% behind the devaluation on Tuesday. The result of these highlights yields a 43% approximately. But heading towards economic stagnation, the concessionaires sharpen their ingenuity and present different offersas discount the first technical reviewsince many also have their own workshop.
In this stage, the price of cars already scares buyers and leads them to stay away from dealerships.
car dealerships
Ignacio Petunchi
“Luxury” tax for some car models
The rise decided by the automotive terminalswhich control more than 95% of the vehicle market 0km of the Argentinaeven led to typical middle class cars such as the Fiat Cronos and the Peugeot 208 are already reached by the so-called “luxury tax”.
As an example of how vehicle prices are skyrocketing, the Peugeot 208, manufactured in El Palomar (a medium-small model), also now pays, in some of its versions, the “luxury tax”because its price rose almost fifty%. At the same time, a model considered economical, such as the Toyota Etios, already exceeds the $10 million of list price.
The most expensive versions of the Fiat Cronos and Peugeot 208 have already exceeded the $14 million and, automatically, they begin to pay taxes first scale of internal taxes.
Source: Ambito
