Wraith
15th December 2008, 01:07 PM
A topic being discussed on some of the prestige car brand forums ATM is the Federal Governments confirmed imported vehicles tarrif reduction from the 1st of January 2010 from 10% to 5%...
Originally there was a push to introduce it from the 1st of January 2009.
If this saving is passed on to the buying public, it roughly puts pricing on prestige imported vehicles (and most/all others) approximately back to where it was before the LCT increase of just after mid this year...ie: for those vehicles above the luxury car tax thresh hold.
There's a split of opinions as to whether, we'll see any real savings or not, alot of people saying it'll be somehow swallowed or made up for by dealer price hikes ??? I suppose we won't know until the time comes, as all predictions still show the economy being well and truly as bad or worse than it is now by late next year/early 2010, this maybe being an incentive to have reduced car prices...
What do you all think on this topic ?? as it also allows a cost reduction of pretty much all brands/car types which are fully imported...
Originally there was a push to introduce it from the 1st of January 2009.
If this saving is passed on to the buying public, it roughly puts pricing on prestige imported vehicles (and most/all others) approximately back to where it was before the LCT increase of just after mid this year...ie: for those vehicles above the luxury car tax thresh hold.
There's a split of opinions as to whether, we'll see any real savings or not, alot of people saying it'll be somehow swallowed or made up for by dealer price hikes ??? I suppose we won't know until the time comes, as all predictions still show the economy being well and truly as bad or worse than it is now by late next year/early 2010, this maybe being an incentive to have reduced car prices...
What do you all think on this topic ?? as it also allows a cost reduction of pretty much all brands/car types which are fully imported...