Opening the first factory at the event held last week togg, The price for its first model, the C-SUV, has not yet been officially announced.
Togg C-SUV, It will go on sale in the first quarter of 2023. The price of the vehicle, which is expected to be announced in February, is increasing day by day with one-to-one class rivals in Turkey. Now many in Turkey All-electric SUV is sold. So what is the tax burden on these vehicles? It’s easy to answer with current examples. The P6 version of the all-electric Volvo C40 Recharge, whose Turkey price was announced yesterday, is normally It has a price of 905 thousand TL.
When SCT is added above this figure, the price 1,449,376 TL is happening. When 18 percent VAT is added to this, the selling price of the vehicle 1,713,764 TL up to the level. P8 version of the same vehicle, excluding taxes 995 thousand TLwith taxes 1,885,946 TL is happening. Volvo’s other all-electric SUV, the XC40 Recharge, is excluding taxes. 885 thousand TL has the price. If the selling price of the vehicle is 1,676.004 TL after taxes is happening.
One of the names that sells the most fully electric SUV in Turkey, the German giant Mercedes-Benz. The company’s cheapest electric SUV is the EQA model and this vehicle excludes taxes 1,023,676 TL at the price owner. The sales price of the vehicle is after 60 percent + 18 percent VAT. 1,938,500 TL up to the level. So as you can see The price of most vehicles doubles after taxes.
So, how will the SCT situation be specific to the Togg C-SUV? Board of Directors of Anadolu Group, one of Togg’s partners President Tuncay Ozilhanon this subject in the past few months. He made some statements and quoted the following:
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“When we first started, we set a target price and completed all parts orders. We’ve reached that target price. We didn’t get over it. We set a price in euros. It’s been two years, but we’re standing in the same place. Togg will be available at an affordable price. When we set out, we set off with 7 percent SCT in feasibility.
Later, when the import of electric cars increased, they increased the SCT to 60 percent. After that, they reduced it to 10 percent. But we stay within the 10 percent certainty. We calculated 7 percent. There is an excess of three points in SCT, but we can solve it, it’s not a problem. We are considering a vehicle that Turkish citizens can access.”
It is not certain in this respect, but with the possible lower SCT rate, Togg’s price could be lower than many of its competitors. The expectation for the vehicle is still It is at the level of 800-900 thousand TL. But the C-SUV has a long time to come. In this respect, the price may be lower or higher in the February-March period of 2023.
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By the way Togg in the past days in particular Nurettin Nebati, Minister of Treasury and Finance He also made a statement. The minister said: “We held talks with public banks, Ziraat Bank, Halkbank, Vakifbank and participation banks will provide the necessary incentives (such as non-profit loans) for the purchase process of the vehicle.”
Nurettin Nebati, Minister of Treasury and Finance Moreover “We have made a purchase guarantee for the use of Togg in the public sector.”, “Togg is a big dream come true.” and “Togg will cause a decrease in the current account deficit.” He also formed sentences.
For the price of the C-SUV Industry and Technology Minister Mustafa Varank We would like to share with you once again the following statement made by: “We’ve been saying the same thing from the beginning. You know, this is a private sector investment. Here the company has a price policy. They’ve been saying this from the beginning.
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‘We will come to the market with a C-class SUV. Therefore, we will go to the market and be competitive at whatever price the internal combustion, gasoline diesel vehicles in the same segment, namely the C-class SUV segment, are sold at’. That’s what they’ve been saying from the start.
In this sense, you will receive lists for those who are curious about the price. At what prices are C-class SUVs currently on the market? You see, an idea occurs in your mind.. ‘So you can say that TOGG will also be released at these prices.
Otherwise, we have never had an explanation that it will be sold from this or that it will be sold from that. From the beginning, it has the target to be sold at the same margin as the C-class SUV segment vehicles when it is launched. The company continues to work in this way as well.”