MIrco introduce the first every 100% Electric SVU in Sri Lanka MG E ZS for Rs. 6,700,000/-, this MG E ZS runs 400 km range with one full charged and Micro offers special 8 year Warranty Battery-Motor-BMS*.
MG Electric SUV – MG E ZS comes with the latest features of
6 Airbags, ABS, ESP, TPMS
17″ Alloy Wheels
Reverse Camera with Parking Sensors
Adjustable Electric Seats
8.0” Touch Screen with Apple CarPlay
LED Daytime Running Lights
‘Follow-me home’ Lights
For more details contact Micro on 0777 66 93 93 or see below image
Sanasa Development Bank brought you a special 7 Years leasing option for your hybrid and electric vehicles with a better leasing values.
If you thought of buying Hybrid vehicles you can pay down payment of 30% and Balance 70% will source by Sanasa Development Bank Leasing and if you consider Electric Vehicle Pay 10% of the value as down payment and balance 90% could be source by Sanasa Development Bank Leasing.
SDB Leasing is a leasing facility for vehicles, equipment and machinery. SDB Leasing is an efficient, friendly service offering flexibility and competitive rates.
Features and Benefits
Efficient and trouble-free service
Minimum documents required
Flexible repayment choices with reasonable rates
Packages to suit individual customer requirements
Attractive discounts on premature settlements of facilities
Facilities to purchase machinery / equipment to grow your business
Island wide branch network
Sri Lankan citizens over 18 years of age who have the repayment capacity and meets the SDB credit criteria.
Types of Vehicles/ Equipment
Dual purpose vans & coaches
Commercial vehicles – Lorries, Tippers, Trucks
Personal use vehicles – Cars, Jeeps, Cabs, Motor Bikes, Three Wheelers
Agricultural – Hand tractors, Harvester machines and Four wheel tractors
Minimum documentation required based on applicant’s individual requirement
Term (Repayment Period)
Choice of your own repayment period
for more details visit the nearest SDB branch together with the duly filled Account Opening Mandate and the relevant supporting documents
Contact your nearest SDB branch or Call 0115 411 411 or see below image
As expected the new government budget for 2016 introduce new valuation system for imported vehicles, this valuation lead to increase prices of imported vehicles by Rs. 200,000 up to Rs. 2.5 million.
The new valuation system was introduced recently taking full option manufacturers price as the tax base and the Finance Minister Ravi Karunanayake said in budget proposal that this is to further strengthen this process of collecting the payable taxes said that the unit rate of excise duty for the vehicles on the basis of cubic centimeters and duties on the percentage basis on certain vehicles would be revised.
Automobile sellers has indicated the main selling automobiles like Nissan leaf, Suzuki WagonR, Suzuki Alto, Suzuki K10, Toyota Aqua, Toyota Prius and Toyota, Nissan Van prices will be increase as follow
Nissan Leaf Electric Vechile by Rs 2.5 Million
Wagon R by Rs. 400,000/-
Auto & K10 by Rs. 250,000/-
Toyota Aqua by Rs. 500,000/-
Toyota Prius by Rs. 700,000/-
Van by 2.5 Million
Meanwhile, 2016 budget has reduced excise duty to 2.5 percent for the vehicles which are run entirely on Solar, Hydrogen or Helium.
And the Vehicle Entitlement Certificate for each vehicle was also introduced and therefore motor cycle and three wheeler is unchange, Rs.15,000 for a motor car and Rs.10,000 per vehicle for all other vehicles would have to pay as fee
Take driving to the next level with the performance, class and style of the new MG6, now power packed with exclusive features for an unforgettable driving experience. Available in 2 models, Sedan and Sports back for Rs. 4,675,000/- upwards
8 AJumimum Turbocharged Engine
Acceleration 0 100 in 8.4 secs
ABS with EBD
Stability Control with EBA & HHC
Multi-Format multimedia with AUX/USB connectivity
All in one audio control steering wheel system
Bluetooth cellular phone hands free system
V-PCD Video parking with reverse camera
Multi-zone Climate Control
SCE nine in one smart safety system
Intelligent Headlight and Wiper system adapting to driving conditions
SRS six integrated airbags
Euro-TCI anti-theft control system
17″ bulls eye precision aluminum wheels
F1 Inspired electric leather race car seats
For more detail information contact to Nico on 0770 227 360, Marize on 0774 226 535 or Yasantha on 0771 673 996 or see below image
As news stated the Customs Director General Jagath Wijeweera inform the customs department is deciding on the value of brand new vehicles instead of accepting the declaration by the importers.
This has decisions has make in the detail investigation on vehicles importers undervalued the vehicle valuation while imports, its including few leading companies too.
This approach has reduced tax incomes to the government which is a considerable amount in total. Therefore the customs has set up valuation committee to determine the value of the vehicle and thereby impose the valuation tax.
The New taxation systems are expected to lead to a vehicle prices increase between Rs. 400,000.00 to Rs. 500,000.00. But this system will help government to raise their tax revenue to the government.
It is expect to be applies for those who imported and yet to clear them.
Factors to Consider before and after implement this New Tax System – Personal Opinion
Before implement this new tax scheme
Makesure it is not to impact to the law budget vehicles which are mostly purchases for the self-businesses or small businesses like three wheels, Small cars for Budget taxi and motor bikes.
Understand the weakness and wholes in old tax systems and make alerts to income tax department or customs to be aware of those lopes whole.
Consider the cost of living index and increase accordingly, rather increase just because of maximise revenue
Take actions against those who violate and get penalties for their wrongful behaviour
After implementation this new tax scheme
Makesure its not harms to low income or middle income class who dreams to buy a small cars or basic model of vehicles
Rectifies all the lopes whole and avoid any fraud to comes in future
Educate importers and customs about the new vehicle import tax system and avoid any under pricing in future
Be tight with rules and regulations and need to take actions against those to violating this new impose tax systems.
It’s time to fall in love again with MG6, Take a journey through memory lane with the all new MG6, the modern-day classic, now in Sri Lanka. It’s a love affair that lasted almost a century. MG6 is here to create memories of heritage giving way to an outstanding mix of performance and handling, combined with a definitive automotive aesthetics.
1.8 Aluminium Turbocharged Engine, Acceleration 0-100km/h in 8.4 secs
ABS with EBD, Stability Control with EBA & HHC, Cruise Control
Multi-Format multimedia with AUX/USB connectivity, One-touch start, All-In-One audio control steering wheel system, Blue-Tooth cellular phone hands-free system, V-PDC Video parking with reverse camera, Multi-zone Climate Control
SCII nine-in-one smart safety system, Intelligent Headlight and Wiper system adapting to driving conditions, SRS six integrated airbags, Euro-TCI anti-theft control system
17-inch bull’s eye precision aluminum wheels, F1 inspired electric leather race car seats, Sunroof, Ambient Lighting.
Available in 2 models I Sedan and Sports back
Prices start from Rs. 4,975,000/- all inclusive price, including permit and VAT