Going by how taxes on Fuel and automobiles are making the cost of ownership of vehicles so prohibitively expensive, I hope we don't end up becoming countries like Cambodia, where you can't buy a car & you don't have public transport.
Hope the govt does something..
Hope the govt does something..
You can't keep paying 18% GST + Road Tax + State tax if you want to buy a zero safety rated tin can and 43% GST for choosing a better car, and then pay 100 bucks a litre for petrol. It's not sustainable for anyone..
The manufacturers are also realizing that, there is no correlation between price and volume in the Indian auto industry, and there is only a small set of buyers they can target
And they will buy whatever the price
So car pricing has gone thru the roof. And the tax isn't helping
And they will buy whatever the price
So car pricing has gone thru the roof. And the tax isn't helping
It's a vicious cycle. New cars are becoming unaffordable, so people are turning to used cars.
And used cars are becoming pricier.
The way things are going, the day is not far off where the lowest price for a car you will pay, will be a million rupees.
And used cars are becoming pricier.
The way things are going, the day is not far off where the lowest price for a car you will pay, will be a million rupees.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
