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

Daihatsu Terios 2015 for Rs. 4,950,000/- from Softlogic Automobiles

Softlogic Automobiles announces a special prices for Daihatsu Terios 2015 as Rs. 4,950,000/- and Softlogic automobiles allow car trade in and trade up against to Daihatsu Terios 2015.

Daihatsu Terios 2015 comes with 2 year/ 50,000km warranty with island wide regional service networks.

For more details contact to Softlogic automobiles on  288/14, Royal Gardens, Rajagiriya | Tel:Thamosha 077 309 6626, Dhanuja 077 386 2812, Mayura 0777372 160

Or see below image for more details

Daihatsu Terios 2015 for Rs. 4,950,000- from Softlogic Automobiles
Daihatsu Terios 2015 for Rs. 4,950,000- from Softlogic Automobiles

Maruti Suzuki Exchange / Trade in Offer with AMW

Associated Motors (Lanka) Co. Ltd commonly known as AMW announces a special offer for buy your registered Maruti Suzuki vehicle at a special price scheme, with this scheme you could exchange your vehicle for new Suzuki Vehicle or you can sale to automall and claim money.

The offer is from AMW subsidiary company of Automall, Visit the nearest AMW Automall showroom and get the best price for your well-maintained vehicle. Get a FREE valuation and experience superior one-stop-shop service only at AMW Automall.

Price range offered by AMW Automall for Maruti Suzuki Cars

Model Year Offer
Maruti 800cc 2010-2013 Rs. 1 million to 1.2 million
Maruti 800cc 2008-2009 Rs. 900,000 to 1 million
Maruti 800CC 2004-2007 Rs. 700,000 to 900,000
Alto 2010-2013 Rs. 1.2 million to 1.3 million
Alto 2005-2010 Rs. 1 million to 1.2 million
Alto K10 2010-2013 Rs. 1.3 million to 1.5 million
Estilo 2010-2013 Rs. 1.4 million to 1.7 million
WagonR 2010-2013 Rs. 1.6 million to 1.8 million
WagonR 2005-2010 Rs. 1.2 million to 1.6 million

 

*Bring this advertisement with you and avail of special offers!.

For more details contact to Associated Motor (Lanka) Co. Ltd, (a fully-owned subsidiary of AMW) 445, Bauddhaloka Mawatha, Colombo 8. Or contact on 0775420983 / 0766358008 / 0766865850 / 0772706973

See below image

Maruti Suzuki Exchange  Trade in Offer with AMW
Maruti Suzuki Exchange Trade in Offer with AMW

MG6 Turbo Automatic now available in Sri Lanka for Rs. 5,850,000/- upwards

Born of a racing pedigree and sculptured into a turbo-charged, aerodynamic show-stopper, the new MG6 comes to you in Fastback and Magnette options – in Manual for an authentic driving experience.

And now – Automatic for a comfort feel.

MG6 Turbo Automatic – Features

  • 1.8 litre, turbo-charged, petrol engine
  • Front & Rear parking sensors
  • Rear view camera
  • Automatic front wiper with Rain sensor
  • Automatic headlamps with dusk sensor
  • Leather interior
  • Trip computer
  • Electric seats
  • Stereo CD+FN Tuner with MP3 Compatibility
  • Steering mounted audio controls
  • 472 litres boot space
  • 18″ “Straight” design Alloy wheel

All above features comes in Rs. 5.85 Million Upwards for more details contact to Unimo on 077 292 00 00 or visit to 100, Hyde Park Corner, Colombo 2.

MG6 Turbo Automatic now available in Sri Lanka for Rs. 5,850,000- upwards
MG6 Turbo Automatic now available in Sri Lanka for Rs. 5,850,000- upwards

Fuso Truck & Lorry prices in Sri Lanka

United Motor Lanka PLC introduces a Fuso Truck & Lorry in Sri Lanka, enjoyed a unmatched prices and highly suited to Srilankan roads.

Fuso FJ 24 ft 10 wheel Truck with Cab Chassis for 25 Tons load Rs. 6,690,000/-

Fuso FA 17 ft 6 wheel Truck with Cab Chassis for 9 Tons load Rs. 3,690,000/-

Fuso FA 19 ft 6 wheel Truck with Cab Chassis for 9 Tons load Rs. 3,775,000/-

Fuso FA 21 ft 6 wheel Truck with Cab Chassis for 9 Tons load Rs. 3,990,000/-

Fuso FI 14.5 ft 6 wheel Truck with Cab Chassis for 12 Tons load Rs. 4,290,000/-

Fuso FI 19 ft 6 wheel Truck with Cab Chassis for 12 Tons load Rs. 4,390,000/-

For more details contact to Chinthaka 077 2385638 or 077 8018478 / 077 6418907 / 077 9362738 /

Or see below image

Fuso Truck & Lorry prices in Sri Lanka
Fuso Truck & Lorry prices in Sri Lanka

Hyundai Eon Price in Sri Lanka – Rs. 2,350,000/- Updated May 2018

Hyundai Lanka (Pvt) Ltd is an sole agent for the Hyundai Automobiles in Sri Lanka announces their special price of Hyundai Eon after tax reduction of Less than 1000cc Motor car category.

The Hyundai Eon new Price is Rs. 2,350,000 only.

The Hyundai Eon is a trendsetter for cars below 1000 cc. It is in a class all its own, with more space, style and features than others in its range.

Drive this truly unique car which offers absolute value for money. You’ll love its fluidic design, great fuel efficiency and ergonomic comfort.

  • Gearshift light – saves fuel by indicating when to change gears
  • Electric power steering with tilt function
  • And many other exciting features

 

This attractive price is with a 3 year or 100,000 kms Exclusive warranty, for more details contact to Hyundai lanka,  Nilesh : 0773 994 994, Kamal: 0773 242 048, Shiraz : 0773 432 173 and Ravishan : 0778 058 381

Or visit Hyundai Lanka (Pvt) Ltd # 1035, Pannipltlya Road, Battaramulla, Sri Lanka. I Tel: 94-11-2866866

Hyundai Eon Price in Sri Lanka – Rs. 1,850,000/-
Hyundai Eon Price in Sri Lanka – Rs. 1,850,000/-

Mitsubishi and Fuso Lorries and Trucks in Sri Lanka

United Motors Lanka PLC is an authorized dealer for the Mitsubishi and Fuso automobiles in srilanka offer special prices for Mitsubishi and Fuso Lorries and Trucks in Sri lanka.

United Motors Lanka PLC made available few models of Mitsubishi and Fuso Lorries and Trucks as below,

  • Canter Crew Cab 1 ½ ft. Half Body, 7 Seater, Crystal Light
  • Canter 14 ½ ft (5/6 studs), 16 ½ ft, Half Body, Crystal Light, Double Wheel, Wide Face
  • Canter 10 ½ ft (Single Wheel/ Double Wheel), 14 ¼ ft Narrow Face, Half Body, Crystal Light
  • Fuso Heavy Duty 22 ft Cab & Chassis

Prices starting from Rs. 3,890,000/- Upwards

100,000km Warranty on Engine

Manual Injector Pump

Upper Leaf Spring

For more details see below image or contact to United Motors Lanka PLC on 0773 613074 / 0777 419398

Mitsubishi and Fuso Lorries and Trucks in Sri Lanka
Mitsubishi and Fuso Lorries and Trucks in Sri Lanka

New Vehicle Valuation and tax scheme will increase the prices of vehicles by Rs. 400,000 to Rs. 500,000

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

  1. 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.
  2. 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.
  3. Consider the cost of living index and increase accordingly, rather increase just because of maximise revenue
  4. Take actions against those who violate and get penalties for their wrongful behaviour

After implementation this new tax scheme

  1. Makesure its not harms to low income or middle income class who dreams to buy a small cars or basic model of vehicles
  2. Rectifies all the lopes whole and avoid any fraud to comes in future
  3. Educate importers and customs about the new vehicle import tax system and avoid any under pricing in future
  4. Be tight with rules and regulations and need to take actions against those to violating this new impose tax systems.