The claim that there will be a SCT reduction or an update in the automobile prices, which emerged today, fell like a bomb on the agenda of social media and news sites. So much so that the zero option appeared in the eyes of thousands of citizens who wanted to buy second-hand cars. So how is it actually? Will there be a discount or update?
SCT reduction or tax base update?
Technology prices continue to increase day by day due to many factors such as exchange rate changes, high inflation, global chip and supply crisis. The country most affected by this situation was Turkey, and the sector was automotive.
For this reason, the expectation of discounts appeared in the citizens who will buy cars. There are two ways to achieve this. First, the possible SCT reduction may directly affect the prices. Secondly, the re-activation of the tiers that have lost their validity with the base update may reduce the prices.
What would the car prices be without SCT?
We have brought together the SCT-free prices of the most popular cars in our country, where many brands and models are sold.
Of course, if an intervention is to be made, it would be more logical to assume that a base update would be preferred at this point. To better understand why, we can look at the tax base regulation that came into effect on January 12, 2022 below.
- Engine displacement not exceeding 1600 cc
- SCT base 120 thousand TLnot exceeding – 45 percent
- SCT base 120 thousand TLover the 150 thousand TLnot exceeding – 50 percent
- SCT base 150 thousand TLover the 175 thousand TLnot exceeding – 60 percent
- SCT base 175 thousand TLover the 200 thousand TLnot exceeding – 70 percent
- Others – 80 percent
- Engine displacement above 1600 cc and below 2000 cc
- SCT base 130 thousand TLnot exceeding – 45 percent
- SCT base 130 thousand TLsurpassing, 210 thousand TLnot exceeding – 50 percent
- Others – 80 percent
As we can see more clearly when we look at the table above, all vehicles are subject to the 80 percent SCT application, which is the highest level, since there are no cars with a base price below 200 thousand TL in our country.
In other words, SCT reduction will not fill the gap in the levels. But in case of base update; For example, if the 50 percent segment is reduced to the range of 400 thousand TL to 450 thousand TL instead of 120 thousand TL to 150 thousand TL, these levels will come back to life and prices will decrease.
What do you think about this subject? Don’t forget to share your views with us in the comments!