President Erdoğan said that the domestic automobile TOGG will be in the 10 percent SCT segment. This explanation allowed us to calculate the possible price of the domestic car. Well, according to Erdogan’s statement, how much money will we have to pay to own a TOGG?
Today, Turkey has been waiting for years. domestic car An important announcement came for the project. President Recep Tayyip Erdoğan, with a statement he made, seemed to announce the price of the domestic car that we will start seeing on the roads in 2023. Yes, we say ‘like’ because although no official price has been given, the sentences formed are TOGG’s regarding the price It has very important tips.
The price of TOGG has been talked about for years. However, no progress has been made on the issue so far. didn’t happen. Until now. Erdoğan stated that the SCT for domestic cars was reduced to 10 percent during a program he attended. announced. That’s it, it’s going to be all-electric To calculate the approximate price of the domestic car provided an important clue.
What does it mean to have 10 percent SCT on domestic cars?
The government has recently SCT regulation was gone. According to this regulation, the SCT applies to vehicles with an engine power not exceeding 160 kW and a tax-free price of less than 700 thousand TL. 10 per cent would be applied. Erdogan’s statement is very important in this context. So much so that TOGG will have to meet the above conditions in order to stay within the 10 percent SCT segment. In other words, the engine of this vehicle will not be over 160 kW, at least in the entry model. your vehicle tax free price will remain below 700 thousand TL.
According to the President’s statement, how many TL will the ‘cheapest’ TOGG cost?
Let’s do some simple math. If TOGG is a car not exceeding 160 kW -which will be according to the statement- 10 percent excise duty can enter. For this, the tax-free price of the vehicle must be a maximum of 699.999 TL. If we add 10% SCT and 18% VAT to 699.999 TL, we get a price of 908,597 TL. In other words, if TOGG’s initial model will be in the 10 percent SCT segment, most 908,597 TL It may have a price tag.
So, if the tax-free price is over 700 thousand TL, what will be the minimum price of TOGG?
Electric cars that do not exceed 160 kW according to current laws, but whose base is 700 thousand TL or more, 40 percent SCT will be taken. One of TOGG’s more well-equipped packages can also be included in this category. In such a case, the price of the domestic SUV, which will be in the second category, least 1 million 156 thousand 400 TL It is possible.
If the engine power exceeds 160 kW, but the tax-free price is below 750,000 TL, how many TL will TOGG’s price be?
TOGG may appear as a model with multiple engine options. One of these engine options can be over 160 kW. The government’s latest SCT regulation, if the tax-free prices of cars with engines exceeding 160 kW remain below 750,000 TL, 50 percent SCT indicates that it will be implemented. In this case, the price of a more powerful motorized version of TOGG, most 1 million 327 thousand 497 TL will be. Depending on the condition of the hardware, the price may be lower.
What is the minimum price of TOGG, which has a full + full equipment package and the most powerful engine?
The last category in the SCT regulation is the 60 percent slice. All electric cars that do not offer the options we mentioned above, 60% SCT they will enter. In this case, it is necessary to talk about TOGG with both the highest level engine (over 160 kWh) and the highest level equipment package (with a tax-free price over 750 thousand TL). In such a case, citizens least 1 million 416 thousand TL they have to pay. Of course, let’s say that there is no upper limit that the price can reach with the battery, equipment and other options that the vehicle will have.