Markets and policies affect imported car prices may rise slightly next year

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According to China’s commitment to China’s WTO accession, China’s domestic auto import quota management system will be abolished for many years beginning on January 1 next year, and will continue to reduce auto import tariffs until July 1, 2006, reducing the tariff of imported vehicles to 25%. . For this reason, many consumers think that imported cars will be reduced to the same price range as domestic cars. However, this is not the case. After cancelling the import license quota for imported vehicles next year, the prices of imported cars will still be higher than that of domestic cars of the same grade. Imported cars will still find it difficult to incite the price system of domestic cars, and domestic car prices will basically not be affected by imported cars. Market: The prices are basically in place. It is understood that the tariff rate of imported cars will not drop much next year. The tariff rate below 3 liters this year is 34.2%, and it will be reduced to 30% in 2005. It can be said that this rate is very small and has little effect on the price of imported cars. Judging from the comprehensive tax rate, it will not have much impact. The comprehensive tax rate in 2003 will be roughly 75%. This year, the comprehensive tax rate of imported cars has dropped by only 5 percentage points compared with last year, which is about 70%. It is estimated that next year will be next year. The drop in the comprehensive tax rate of imported cars will not exceed the level of this year, and the comprehensive tax rate may be around 65%. It can be said that there will be no impact on the price reduction of imported cars. In addition, the price of imported car licenses has now dropped from the previous 100,000 yuan to a few thousand dollars. So, overall, the current market price of imported cars is already at a relatively low level. The price of the car has basically dropped to the bottom, but overall the price is still higher than that of domestic cars of the same grade. Policy: Tax incentives for landings and tax incentives In addition, the "Automobile Industry Development Policy" implemented on June 1 this year has removed the bonded car import policy that was implemented for many years. Since 2005, all bonded ports in import ports are not allowed to store automobiles that are designed to enter the domestic market. After canceling the imported automobile taxation policy, import vehicles must pay tax declaration after arriving in Hong Kong. This alone will increase the operating costs of imported automobile dealers and increase the operational risks. In the second half of this year, many imported car dealers sold inventory vehicles at a reduced price, resulting in many imported cars that were below the cost price. By the beginning of next year, the inventory of imported car dealerships is running out. Therefore, if imported cars are sold out this year and orders cannot be followed up next year, it is very likely that the imported car prices will continue to rise at the beginning of next year. In a nutshell, imported cars will have very little impact on the price system of domestic cars next year. The reporter Zhong Kun

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