budget 2018 Budget - Vehicle import duty

[Quiet]

18 hours ago, trish_auto said:

Any idea of CIF value of Nissan Leaf 2018 model (235 miles range) ? 

A Car sale guy just told me its very expensive in Japan around 4Mn.

[iRage]

52 minutes ago, trish_auto said:

What are the other 1L or below turbo options ? I saw Wagon R also comes with turbo option.  

Well from the Japanese side of things, most of the Kei cars have a Turbo variant. the turbo charged Honda N One is a pretty fun little car, Alto RS is also nice  Daihatsu has the Cast with a turbo charged variant (along with the Toyota badged one). 

If you want something bigger then Daihatsu and Toyota Tank has 1L Turbo charged variants. Toyota still hasn't gotten in to the whole 1.0L Turbo band wagon in full swing yet.

Honda has a 1.0L turbo variant Civic for the European market.

[iRage]

29 minutes ago, Quiet said:

A Car sale guy just told me its very expensive in Japan around 4Mn.

Yes....the Leaf base model starts at about 3.2mil yen...once you spec it out it ends up being 3.4mil yen upwards.

[zeristo]

A moment of silence for the permit holders who were expecting millions for their permits.

The new budget proposals curtails the benefits of the permits especially those issued to govt servants (USD 25-30k)

 

[Skyonline]

Sri Lanka allows electric car loans up to 90-pct of value

Sri Lanka has relaxed budget proposals slashing Loan to Value (LTV) ratios for car imports and will allow loans up to 90% of the value for electric vehicles and 70% of the value for hybrid cars.

http://www.economynext.com/Sri_Lanka_allows_electric_car_loans_up_to_90_pct_of_value-3-9185-6.html

Sri Lanka pre-budget vehicle import orders under previous duty rate

Individuals who opened Letters of Credit for import of vehicles prior to the presentation of Sri Lankan government budget for 2018 last week can clear them under the previous duty rate, the finance ministry said.

However, these vehicles should be cleared before April 30th 2018, Minister of Finance and Mass Media Mangala Samaraweera told parliament during the budget debate. 

http://www.economynext.com/Sri_Lanka_pre_budget_vehicle_import_orders_under_previous_duty_rate-3-9184-6.html

 

[dantoddd]

6 minutes ago, Skyonline said:

Sri Lanka allows electric car loans up to 90-pct of value

Sri Lanka has relaxed budget proposals slashing Loan to Value (LTV) ratios for car imports and will allow loans up to 90% of the value for electric vehicles and 70% of the value for hybrid cars.

http://www.economynext.com/Sri_Lanka_allows_electric_car_loans_up_to_90_pct_of_value-3-9185-6.html

Sri Lanka pre-budget vehicle import orders under previous duty rate

Individuals who opened Letters of Credit for import of vehicles prior to the presentation of Sri Lankan government budget for 2018 last week can clear them under the previous duty rate, the finance ministry said.

However, these vehicles should be cleared before April 30th 2018, Minister of Finance and Mass Media Mangala Samaraweera told parliament during the budget debate. 

http://www.economynext.com/Sri_Lanka_pre_budget_vehicle_import_orders_under_previous_duty_rate-3-9184-6.html

 

it seems like this budget is getting amended on the fly. :s

[trish_auto]

Those who love hatchbacks, swift 1000 cc mild hybrid would give you the best value for the tax paid. 

But not sure whether significant difference in performance between 1200cc and 1000cc . 

Any guesses on price ??

[zeem35]

13 minutes ago, trish_auto said:

Those who love hatchbacks, swift 1000 cc mild hybrid would give you the best value for the tax paid. 

But not sure whether significant difference in performance between 1200cc and 1000cc . 

Any guesses on price ??

Afaik 1000cc is turbo no mild hybrid!

They are launching a new small cuv XBee this december bigger version of hustler which is suppose to have a 1000cc turbo + mild hybrid setup.

Hopefully they introduce that powertrain to all the range.

Edited November 16, 2017 by zeem35

[trish_auto]

4 minutes ago, zeem35 said:

Afaik 1000cc is turbo no mild hybrid!

"The Swift comes in three- and four-cylinder forms – the 1.2-litre naturally aspirated version is the entry-level option, with the 1.0-litre Boosterjet triple topping the range. Both engines offer the mild hybrid SVHS system (a class first), which is built around a 0.37kWh lithium ion battery used to harvest braking energy to spin the starter/generator in stop/start traffic and briefly boost power by 2kW under acceleration."

[zeem35]

 

11 minutes ago, trish_auto said:

"The Swift comes in three- and four-cylinder forms – the 1.2-litre naturally aspirated version is the entry-level option, with the 1.0-litre Boosterjet triple topping the range. Both engines offer the mild hybrid SVHS system (a class first), which is built around a 0.37kWh lithium ion battery used to harvest braking energy to spin the starter/generator in stop/start traffic and briefly boost power by 2kW under acceleration."

Hmm intresting.. Japan never had it in its powertrain options.

That means tax will be 1.25mn

I guess Car might be around 4mn rupees in Lanka.

Ok its in their official site unfortunately shvs comes only in manual transmission.

Edited November 16, 2017 by zeem35

[trish_auto]

27 minutes ago, zeem35 said:

 

Hmm intresting.. Japan never had it in its powertrain options.

That means tax will be 1.25mn

I guess Car might be around 4mn rupees in Lanka.

Ok its in their official site unfortunately shvs comes only in manual transmission.

You can be correct. This particular batch is not available in the Japanese domestic versions. 

According to them only version with 1.0 L is RSt, which is non-hybrid.  All the other versions are  1.2 L - 4 cylinder.

 

 

Edited November 16, 2017 by trish_auto

[iRage]

10 hours ago, trish_auto said:

You can be correct. This particular batch is not available in the Japanese domestic versions. 

According to them only version with 1.0 L is RSt, which is non-hybrid.  All the other versions are  1.2 L - 4 cylinder.

The 1.0L Boosterjet with Mild Hybrid is not available in Japan. HOWEVER, it is actually available in India ! So the Maruti Suzuki Swift most probably will come with that in to SL. The particular power train was first put in the Ciaz. For now there seems to be no indication that the 1.)L BoosterJet will get the Mild Hybrid treatment either. So if the local agent plays its cards right they might sell ship loads of the Maruti Suzuki Swift.

The power trains available for the Swift are 1.0L Turbo, 1.2L Mild Hybrid, 1.2L Full Hybrid and 1.4L Turbo for the Sports variant. Test drove the first three and to be honest around town the 1.2L Hybrids were much more peppier in the city. Not to say the 1.0L turbo was bad in anyway....it was just toned down to be somewhat civilized and cozy. The Hybrids had the instantaneous torque feel of the motors that made it a bit more tingly in the pants. The RS variants had a bit more harder suspension so that helped too.

The XBee (to bee read as CROSS-bee) in Japan is being introduced as the HUSTLER's wide body variant. This will be the first 1.0L Booster jet with Mild hybrid to be introduced in Japan. Saw it at the Tokyo Motorshow and it did have a somewhat nicer finish than the Hustler. It was quite conveniently placed right next to a Hustler and the XBee looked a lot more sleeker and lower due to its wider stance. 

Edited November 17, 2017 by iRage

[E L N I N O]

On 11/11/2017 at 7:31 AM, Squirrel said:

guys the new 2017 civic hatch has a 1.0 turbo variant. it's available in Europe but don't know about the availability in the Asian regiin. if st*fford motor brings then down here it would be a good value for money

Saw the 2017 civic hatch being advertised for 6.8mil.

[trish_auto]

1 hour ago, iRage said:

The 1.0L Boosterjet with Mild Hybrid is not available in Japan. HOWEVER, it is actually available in India ! So the Maruti Suzuki Swift most probably will come with that in to SL. The particular power train was first put in the Ciaz. For now there seems to be no indication that the 1.)L BoosterJet will get the Mild Hybrid treatment either. So if the local agent plays its cards right they might sell ship loads of the Maruti Suzuki Swift.

The power trains available for the Swift are 1.0L Turbo, 1.2L Mild Hybrid, 1.2L Full Hybrid and 1.4L Turbo for the Sports variant. Test drove the first three and to be honest around town the 1.2L Hybrids were much more peppier in the city. Not to say the 1.0L turbo was bad in anyway....it was just toned down to be somewhat civilized and cozy. The Hybrids had the instantaneous torque feel of the motors that made it a bit more tingly in the pants. The RS variants had a bit more harder suspension so that helped too.

The XBee (to bee read as CROSS-bee) in Japan is being introduced as the HUSTLER's wide body variant. This will be the first 1.0L Booster jet with Mild hybrid to be introduced in Japan. Saw it at the Tokyo Motorshow and it did have a somewhat nicer finish than the Hustler. It was quite conveniently placed right next to a Hustler and the XBee looked a lot more sleeker and lower due to its wider stance. 

Thank you mate, very informative. 

What is the difference between Swift 1.0 L Indian version and Japanese version ?  Only the Mild Hybrid Option ?

Has Japan Officially launched X-Bee ?

[zeem35]

15 minutes ago, trish_auto said:

Thank you mate, very informative. 

What is the difference between Swift 1.0 L Indian version and Japanese version ?  Only the Mild Hybrid Option ?

Has Japan Officially launched X-Bee ?

 

[trish_auto]

37 minutes ago, zeem35 said:

 

I can't find it in the official website

http://www.suzuki.co.jp/car/lineup/

[zeristo]

5 hours ago, iRage said:

The 1.0L Boosterjet with Mild Hybrid is not available in Japan. HOWEVER, it is actually available in India ! So the Maruti Suzuki Swift most probably will come with that in to SL. 

@iRage Apparently the 3rd generation Swift hasn't yet been launched in India. Its highly unlikely we would get this model from India anytime soon since its one of the hottest models in India with waiting periods over 6 months initially. Also the 1.0 turbo (without mild hybrid system) is available right now only in Japan, Europe and Australia.

From what I inquired with an importer, you could bring in a 1.0 (999cc) turbo swift automatic from japan for little under 4 million including the dealer's cut.

[zeem35]

2 hours ago, trish_auto said:

I can't find it in the official website

http://www.suzuki.co.jp/car/lineup/

It will be announced decembee

[iRage]

5 hours ago, trish_auto said:

Thank you mate, very informative. 

What is the difference between Swift 1.0 L Indian version and Japanese version ?  Only the Mild Hybrid Option ?

Has Japan Officially launched X-Bee ?

The engine options offered are the main difference. I believe they have tried to keep the safety equipment consistent as much as possible between the two different markets (so hopefully it won't be too far off in the safety features....in the out going model this was the main factor that made the Indian version get a really really low safety score compared to its Japanese version).

No...they will be launching it for the 2018 year. Suzuki typically launches its cars for the following year in mid-December. So all the automotive journalists are speculating it will be launched in December.

2 hours ago, zeristo said:

@iRage Apparently the 3rd generation Swift hasn't yet been launched in India. Its highly unlikely we would get this model from India anytime soon since its one of the hottest models in India with waiting periods over 6 months initially. Also the 1.0 turbo (without mild hybrid system) is available right now only in Japan, Europe and Australia.

From what I inquired with an importer, you could bring in a 1.0 (999cc) turbo swift automatic from japan for little under 4 million including the dealer's cut.

Yes..the Japanese RSt seems to be between 3.5 - 3.9mil after the new taxes.

I believe the Indian version's delivery is set for Jan/Feb 2018. As for when the model will hit Sri Lanka...well...it depends on how Maruti Suzuki actually goes about allocating its output. Typically at production plants that feed several markets/regions, the monthly production volume is separated in to set quotas  (at least that is the case with Toyota in Indonesia and Vietnam). Thus, if there is a wait list of 7 months in the Indian market it doesn't mean it will actually take 7+ months for us to get the car here...it might be a bit lesser than that. But then again that also is dependent on factors such as how well the models are doing in the other regions. So if SL doesn't have much orders then obviously the product numbers set for SL will be directed to those markets that have a large waiting list. But on the other hand with markets like SL where the agent does not necessarily pre-order (and does so on a case by case basis) the above might not necessarily apply.

But yeah....I think Lankans are unfairly weary about Japanese cars manufactured outside of Japan. So..yeah...even if the agent has the new Swift at its showroom ready to be sold...people would probably go for the Japanese variant as long as its not that much more expensive than the Indian variant.

[trish_auto]

12 hours ago, iRage said:

The engine options offered are the main difference. I believe they have tried to keep the safety equipment consistent as much as possible between the two different markets (so hopefully it won't be too far off in the safety features....in the out going model this was the main factor that made the Indian version get a really really low safety score compared to its Japanese version).

No...they will be launching it for the 2018 year. Suzuki typically launches its cars for the following year in mid-December. So all the automotive journalists are speculating it will be launched in December.

Yes..the Japanese RSt seems to be between 3.5 - 3.9mil after the new taxes.

I believe the Indian version's delivery is set for Jan/Feb 2018. As for when the model will hit Sri Lanka...well...it depends on how Maruti Suzuki actually goes about allocating its output. Typically at production plants that feed several markets/regions, the monthly production volume is separated in to set quotas  (at least that is the case with Toyota in Indonesia and Vietnam). Thus, if there is a wait list of 7 months in the Indian market it doesn't mean it will actually take 7+ months for us to get the car here...it might be a bit lesser than that. But then again that also is dependent on factors such as how well the models are doing in the other regions. So if SL doesn't have much orders then obviously the product numbers set for SL will be directed to those markets that have a large waiting list. But on the other hand with markets like SL where the agent does not necessarily pre-order (and does so on a case by case basis) the above might not necessarily apply.

But yeah....I think Lankans are unfairly weary about Japanese cars manufactured outside of Japan. So..yeah...even if the agent has the new Swift at its showroom ready to be sold...people would probably go for the Japanese variant as long as its not that much more expensive than the Indian variant.

few more weeks to go. thanks.

[trish_auto]

Under 2018 Budget Proposals (Annexure VIII, Technical Note 16) , what would be the impact on the vehicles already ordered, offered for selling.  Vehicles already on the road (registered) may not be subjected according to the  wordings.  .  Any comments .

"  Importation of Motor Vehicles, which are not complied with the safety measures namely (a) Air Bags for driver and the front passenger, (b) Anti-Locking Breaking System (ABS) and (c) Three Point Seat Belts for driver and the passengers travelling in the front and rear seats, will be prohibited effective from January 01, 2018 in line with the safety of passengers / travelers."

[trish_auto]

On 11/12/2017 at 9:39 PM, trish_auto said:

Any updates on the new prices of Suzuki Baleno and Nissan Note ( hybrid version) ?

Suzuki Baleno 1.0 L - (JDM 2016-2017 model)  is available for a price tag of 3.7 m.  It comes with a turbo charged engine  (K10C) claiming a higher output than its 1.2L version (K12C) . Not sure whether this booster jet engine has its own cons.  Pros can comment more on this car.

Here is the specs : 

 

[iRage]

You really don't see that much of the Baleno in Japan...s

[hrm]

On 11/17/2017 at 10:40 AM, zeem35 said:

 

LOL how do they come up with these names?

[zeem35]

1 minute ago, hrm said:

LOL how do they come up with these names?

Actually its Cross Bee so cross ir replaced with a X sign.