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 Hybrid Electronic Car Leasing option from Al-Falaah

Lanka Orix Finance announces a special leasing on Islamic banking leasing options for Brand New Hybrid Electronic Car. The offer is valid for all Hybrid cars available in Sri Lanka from the range of Cars and SUVs and crossover.

Lanka Orix Finance features

  • Reliable & efficient in-house valuation service
  • Minimum documentation
  • Fast & efficient service delivery
  • Integrated insurance facility (Takaful)
  • Island-wide branch network

For more details contact to Lanka Orix Finance on 0115 500 786 or see below image

Brand New Hybrid Electronic Car Leasing option from Al-Falaah
Brand New Hybrid Electronic Car Leasing option from Al-Falaah

Toyota Dream Car Art Contest 2015 – Closing Date till 31st January 2015

All Youngsters Under 15 Years Of Age Can Now Go To Japan With their Parents! Draw Your Dream Car and Send In Today!

Age Groups

  • Under 8 Years
  • Between 8-11 Years
  • Between 12-15 Years

 

  1.  The drawings must be produced in A3 (297mm x420mm) paper size.
  2. Applications and competition details are available from your school or the Internet.
  3. The entries can be sent by post or handed over to any Toyota Lanka branch.

Closing Date 31st Jan 2015

For more details contact to Dream line : 0777 939 000, 0112 939 000  or email dreamcar@toyota.lk or see below image

Toyota Dream Car Art Contest 2015 – Closing Date till 31st January 2015
Toyota Dream Car Art Contest 2015 – Closing Date till 31st January 2015