SCT Amended: New Vehicle Prices Will Decrease

The automotive industry in Turkey has been in trouble for a long time. The scarcity in the number of new cars and the increase in the prices of second-hand cars prevent citizens from owning a car. drove away. But now, there has been an important development on the subject. a new SCT regulation came into our lives, and this regulation reduced automobile prices proportionally. will drop a little.

The SCT regulation, as we have seen before, base upgrade appeared in the form. In this way, some vehicles are now in the lower tax bracket. Also, for vehicles with engine displacement below 1,600 cc two new SCT segments came into our lives. In this way, new car prices will fall in the range of 3 to 16 percent.

Not thought to be long lasting

explanations on the subject, Erol Şahin, General Manager of EBS Consulting It was done by. “While the SCT bases are updated between 25.9 percent and 34.1 percent, its reflection on prices varies between 3.33 percent and 16.67 percent. It is obvious that this update will not take long to dissolve in the face of high inflation and exchange rate. Again incomplete, it was a half edit again. Except for the two new slices brought into the SCT application, this tax base arrangement cannot survive the first quarter. These rates increase tax collection, It will not be long-lived, except to underestimate the short-term inflation figure..Base must be updated periodically.“Sahin, who used the expressions, did not speak very heartwarmingly.

Here are the new SCT rates (for vehicles up to 1600 cc) that came into our lives with the regulation:

• 0-120 thousand TL: 45 percent
• 120 thousand 1-150 thousand TL: 50 percent
• 150 thousand 1-175 thousand TL: 60 percent
• 175 thousand 1-200 thousand TL: 70 percent
• 200 thousand 1+: 80 percent

New SCT rates for vehicles with hybrid engines between 1600 cc and 1800 cc:

• 0-130 thousand TL: 45 percent
• 130 thousand 1-210 thousand TL: 50 percent
• 210 thousand+: 80 percent