There is No Story In 2015 The Automobile Price Decreased Hundred Million Dong / Unit

Previously, many websites published information, the Ministry of Industry and Trade has proposed a preferential rate of reduction of import tax and registration tax on special goods, especially focusing on the type of cars under the import-export license. Engine capacity below 50cc reaches localization rate of 9% or higher.

Accordingly, if the above preferential plan comes into effect, the special consumption tax of cars under 10 seats will be 22,5-30% and registration tax will remain 5-7%.

The above information also explains the comments of the auto dealers, saying that with an Innova 2.0V priced at 814 million VND, the buyer is subject to more than 40 million VND of special consumption tax (corresponding to the current tax rate is 5%), and at the same time have to charge an additional 15% registration fee, which is about more than 122 million more. The real price of this car consumers must buy at least 936 million.

However, if special sales tax and registration fees are reduced by 70%, the price of the car will be reduced by at least VND 113 million. This is a great deal, creating a competitive advantage for businesses to invest in domestic production and create opportunities to buy cheap cars for people.

According to VAMA, the car price in 2015 decreased by hundreds of million / unit is not accurate (illustration - source Autodaily)

Similarly, an auto website also said that when domestic assembled cars reduce prices, the tax incentives under the AFTA accession schedule also help imported cars to reduce prices. According to many automobile manufacturers, if only the import tax is reduced by 50%, the price of many imported models will be equal to that of domestic assembled cars.

This page also reported that according to the AFTA accession roadmap, from the year of 2014 to 2018, the import tax rate of CBU cars from ASEAN region to Vietnam will gradually decrease to 0%. Specifically, in the year of import-export, the import tax rate will decrease to 2014%;

But recently feedback on this information, the Vietnam Automobile Manufacturers Association (VAMA) has denied it. In the newly issued announcement, VAMA said that a few days ago, some online articles mentioned the possibility that the price of cars below 9 in the year of 2015 will decrease (possibly down to hundreds of millions of dong), some information. in which deviations lead to misunderstandings and concerns for consumers.