New Vehicle Prices after Budget for 2016

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

Brand New Suzuki Celerio 2017 for Rs. 3,038,000/- Upwards

It is a common expectation that vehicle price will be increase after budget proposal on November 2015, therefore AMW offer you to a special price for Maruti Suzuki Celerio at a pre-budget price.

 Brand New Suzuki Celerio 2017 Price in Sri lanka

Suzuki Celerio ZXI 1.0L Manual Rs. 3,100,000/-
Suzuki Celerio VXI 1.0L AMT (Auto) Rs. 3,038,000/-
Suzuki Celerio ZXI 1.0L AMT (Auto) Rs. 3,190,000/-
Suzuki Celerio Gold & Elegance ZXI 1.0L Manual Rs. 3,300,000/-
Suzuki Celerio Gold & Elegance VXI 1.0L AMT (Auto) Rs. 3,238,000/-
Suzuki Celerio Gold & Elegance ZXI 1.0L AMT (Auto) Rs. 3,390,000/-
Suzuki Celerio Cozy 1 ZXI 1.0L Manual Rs. 3,150,000/-
Suzuki Celerio Cozy 1 VXI 1.0L AMT (Auto) Rs. 3,088,000/-
Suzuki Celerio Cozy 1 ZXI 1.0L AMT (Auto) Rs. 3,240,000/-
Suzuki Celerio Cozy 2 ZXI 1.0L Manual Rs. 3,160,000/-
Suzuki Celerio Cozy 2 VXI 1.0L AMT (Auto) Rs. 3,098,000/-
Suzuki Celerio Cozy 2 ZXI 1.0L AMT (Auto) Rs. 3,250,000/-

And AMW offers Roadside Assistance Rs. 4,000 per year and 2 years or 50,000 kms Warranty / 4 years or 80,000 kms Extended Warranty (from Rs. 25,000 upwards).

And enjoy special features of 23.1 KMPL, Auto gear shift, Expansive cabin design, Reverse Camera, DVD Video Playback, Anti theft technology and many more…

For more detail see below image or visit AMW at 445, Bauddhaloka Mawatha, Colombo 8 or contact to 0117 609 609.

Brand New Suzuki Celerio 2015 for Rs. 2,150,000/- Upwards
Brand New Suzuki Celerio 2015 for Rs. 2,150,000/- Upwards

Prestige Automobile (Pvt) Ltd as authorized dealer of new BMW i sub-brand

BMW Asia announced Prestige Automobile as the sole authorised importer in Sri Lanka for BMWi – the BMW sub-brand for its electric cars comprising the all-electric BMW i3 and BMW i8 plugin hybrid sportscar.

With this appointment, Prestige Automobile will be equipped with specialist technical abilities that will enable them to carry out repairs to the BMW i vehicles’ high voltage batteries. A wider service network is also planned to offer extended coverage for the general service, maintenance and repair of the vehicles.

Unlike conventional electric cars that are usually modified from existing on-road models to simply include an electric car battery, BMW i vehicles are purpose-built electric cars drawn from scratch.

Designed with a unique Life Drive architecture, the main body (Life Module) of the BMW i cars is made of Carbon Fiber Reinforced Plastic that not only weighs half the weight but is five times tougher than steel. This is the same material that is widely used on Formula One racing cars, fighter jets and selected supercars.

New Price of Hybrid electric Car in Sri Lanka- After Budget

 

Vehicle Importers Association Chairman Mahinda Sarathchandra stated to media that prices of vehicles below 1000 cc would come down only by Rs. 25, 000 in the wake of the 15% tax reduction announced in Thursday’s mini budget while all hybrid cars would go up by as much as Rupees one million.

The custom duty for less than 1000cc vehicle is 172.5% which had been imposed on cars below 1000 CC was reduced to 155.25% which would result in a decrease of Rs. 25, 000 for cars below 1000 cc.

And he stated that however prices of hybrid Electric cars would go up by a huge amount due to the new tax system. he said the price of a Prius hybrid car would go up by Rs. 975, 000, Axio hybrid car by Rs. 725, 000 and Honda Fit hybrid car by Rs. 700, 000 because of the new taxation. He said the tax revisal would have an impact on vehicle importers.

How much Maruti Suzuki Cars (Less than 1000cc) prices will go down in Sri Lanka after New Budget

Vehicle Importers Association Chairman Mahinda Sarathchandra stated to media that prices of vehicles below 1000 cc would come down only by Rs. 25, 000 in the wake of the 15% tax reduction announced in Thursday’s mini budget while all hybrid cars would go up by as much as Rupees one million.

The custom duty for less than 1000cc vehicle is 172.5% which had been imposed on cars below 1000 CC was reduced to 155.25% which would result in a decrease of Rs. 25, 000 for cars below 1000 cc.