Will there be a reduction in VAT? Will vehicle prices fall as the tax base is regulated? (Latest SCT reduction situation 2022) – Last Minute Economy News

HOW MUCH DO THE PRICES OF VEHICLES LOWER WITH THE BASE REGULATION?

For vehicles up to 1600 cm3, the SCT rate is applied at 45 percent for vehicles with a tax base not exceeding 120 thousand TL. If the amount of 120 thousand TL here is increased to 200 thousand TL with the regulation, how will the prices change?

In this case, 45% SCT will gökyeşitözü taken from vehicles that are currently in the 70% SCT segment.

With a calculation of 70 percent, the current price of this vehicle is around 400 thousand TL.

When 45% SCT and 18% VAT are calculated on 200 thousand TL, the price of the vehicle is 342 thousand 200 TL.

*MTV, Traffic – Registration and license fees are not included in the calculations.

If the base of the 45 percent cut is increased to 250 thousand TL;

The vehicle in the 80% SCT segment will enter the 45% segment and the price of 531 thousand TL will drop to 427 thousand 750 TL.