Performed earlier than expected in the car base The life of the arrangement will be very short as reported.
Nureddin Nebati, Minister of Treasury and Financewhich has come to the fore in the last week claims that there will be a SCT reduction in the automobile He put the last point, there is no reduction in tax, just “We are working on base increase” he said. Then came a date on this subject, Nureddin Nabati of the new tax base arrangement in the automobile 1st of December will enter into force on had explained. After some reactions, the details, which were not expected on 1 December and entered into force on 24 December, here The update we included brought serious discounts on the prices of some vehicles. However, as it is said it won’t take too long.
According to the news of Ekonomim.com, the SCT assessment update made on November 24, It will be completely melted with the hikes to be made after December 1st.. While an increase of up to 15 percent is foreseen in the sector until January, it is reported that brands are already expecting a new tax base arrangement. According to the source, only one model was able to enter the 45 percent SCT, which is the lowest tax bracket after the tax base adjustment. It was the i10 model produced by Hyundai in Turkey. With the base update, the price of i10 decreased by 15 percent to 282 thousand 750 TL.
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However, Hyundai gave the signals that these figures will last until November 30, while announcing the new updated price list. Hyundai does not give a clear figure on the proposed raise, but according to information obtained from dealers, the company plans to raise more than 7 percent on 1 December. This means that i10 can only stay in the 45 percent SCT for 1 week. On the other hand, it is predicted that Hyundai i20, which is in the 60 percent SCT group and is in higher demand, will rise to the next higher tax bracket.
Managing Director of automotive data analysis company Cardata Husamettin YalcinExpressing that it is inevitable to make a raise several times a month during periods of high inflation and rapid increase in the exchange rate, he talked about the process. “We expect new hikes next week. We anticipate that automobile prices will increase by 5-10 percent on average by the end of the year. Starting next week, it will lose the tax advantage that many models have gained with the increase in the tax base.” made the statement.
speaking before Hakan Doğu, CEO of Renault Group Turkeystated the following about the step taken: Regulation is a positive move, taxes on automobiles in Turkey are very high and they need to be reduced gradually. There are 160 cars per 1,000 people in our country, and 40 of them are over the age of 20. Considering that half of our population is under the age of 30, automobiles are a necessity in Turkey. Under these conditions, our people have difficulties in accessing cars.”