Car prices go down following cut in duties, taxes


Car prices go down in the country following reduction in duty and taxes, and the latest reduction in price was announced by Malaysian company Proton.

Other car companies Toyota, Suzuki, Honda, Kia and Changan have already reduced car prices following the recent steps taken by government.

The Proton has reduced Saga prices by Rs50,000 and now its cheapest variant will be selling for Rs1.925 million. The X70 prices have been reduced by Rs100,000. Its standard variant will now be selling for Rs4.59 million.

The highest change as the car companies reduced car prices in the country was seen in the Toyota Fortuner VVTi, which has seen a price decrease of Rs400,000. Previously the SUV was selling for Rs9.3 million. It can now be bought for Rs8.9 million. Hilux Revo all variants saw a price decline of Rs120,000.

Yaris and Corolla variants saw a price decline between Rs100,000 and Rs120,000. Suzuki’s top selling car Alto price has been reduced by Rs85,000 for its lowest variant to Rs112,000 for Alto’s top variant.—Agencies

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