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

Mercedes-Benz E 300 Diesel Hybrid Rs. 17.2 Million in Sri Lanka

Luxury meets efficiency in the new Mercedes-Benz E 300 Diesel Hybrid from DIMO. Experience the best of both worlds as you glide along in total comfort, knowing that you’re enjoying best-in-class fuel economy and superlative performance. Ensure that you receive the world-class care you and your vehicle deserve, including a hassle-free warranty, comprehensive service packages, and access to country-specific options when you purchase this luxuriously intelligent machine from DIMO.

Call us on 011 2 44 97 97 to pre-order your vehicle today or visit www.mercedes-benz.com.lk for more details.

New stock arrived on 9th November 2015 and will be priced at Rs. 17.2 million onwards. (Conditions apply)

For more detail contact DIMO on 011 2 44 97 97

Mercedes-Benz E 300 Diesel Hybrid Rs. 17.2 Million in Sri Lanka
Mercedes-Benz E 300 Diesel Hybrid Rs. 17.2 Million in Sri Lanka

Peugeot 508 Diesel Hybrid 4 Now available in Sri Lanka for Rs. 8.9 Million

Colombo Motor Trading Company offers Peugeot 508 Diesel Hybrid 4 for Rs. 8.9 Million (Rs. 89,00,000) in Sri Lanka, Peugeot 508 Diesel Hybrid 4 comes with best mileage of 61.4 mpg (21.74 Km per L) and 119g Co2 per Km.

Peugeot 508 Diesel Hybrid 4 promoted as 4 valuable reasons to own Peugeot 508 Diesel Hybrid 4,

  • All road styling
  • Signature lighting
  • Quality & Reliability
  • Diesel Hybrid 4 Technology

Peugeot 508 Diesel Hybrid 4 comes with HYbrid4 technology, combining the 163hp Diesel 2.0 HDi engine with a 37hp electric engine and allow you to choice of four driving modes to ensure a delightful driving experience – Auto, Sport, 4WD and ZEV.

And features of Sun Roof, Head Up Display, 18″ Alloy Wheels, All LED Lights, Multifunction Steering, Cruise Control, Electric Seats and Reverse Camera.

For more detail about availability and permit holder prices contact to Colombo Motor Trading Company at 70, Galle Road, Dehiwela, 0777 27 86 86, 0112 723 849 or see below image for more details

Peugeot 508 Diesel Hybrid 4 Now available in Sri Lanka for Rs. 8.9 Million
Peugeot 508 Diesel Hybrid 4 Now available in Sri Lanka for Rs. 8.9 Million