to be sure better go for JAAI international certificate.
They keep their records for one year once they examine the car.
It is trusted internationally.
Government going to give another tax redaction by reducing another 15% and going to give VEHICLE PERMIT from NEW BUDGET in November to control vehicle black market
This current increasing of value of vehicle despite the tax reduction is due to many reasons
(1) Car sale owners try to get more profit with resent increasing of demand.
(2) Less vehicles arrived yet to Sri Lanka.
(3) Bit more rise in the value of vehicle in Japan with sri Lankan demand.
(4) Increase of demand in Sri Lanka.
(5) Care sale owners try to spread a roomer that this tax reduction is temporary.
(6) Price of 2nd hand vehicle market is not change that much expected.
(7) Problem facing at custom when clearing vehicle in individual importing, so most go to care sale dealers.
With the government announced new tax reduction, everyone expect 1/3 reduction of vehicle value. Unfortunately at the time of tax reduction 2nd hand market has reached it highest level. That picture has created by care sale owners. After announcement of tax reduction only the value of 2nd hand vehicle reduce up to the level of the value in 2010 beginning. Once these car sales owners start to import new vehicle they try to maintain the local market value by keeping the 2nd hand market value high. Don't get caught to these people. They are maintain there MAFIA.
Government don't want to increase the tax due to they expect a high profit from this. If they don't reach their target they expect to give another tax reduction in next budget. Don't be hurry and don't get caught to this mafia. Be patient and observe the market how it change. Don't be hurry and be silly.
eg: Toyota Belta 1.3-G 2007 was about 35 lks (with past tax charge)
After time tax reduction 21-22 lks
Now it has reached 29-31 lks
Car sale owners bring it here 20-21 lks now
Best buying price 22-23 lks
Now buying one u may loss 6-7 lks by end of this year