Pre-budget Phenomenon: Rush to Buy a Car

12 years, 1 month ago - 8 November 2012, The Défi Media Group
Pre-budget Phenomenon: Rush to Buy a Car
On the eve of the presentation of the Budget 2013, the sale of cars is somewhat accelerated this week. Dealers encouraging potential buyers to clear the cars they are interested in and confirm their purchases before the Grand Speech Minister of Finance.

As every year, we anticipate an increase in expenses related to the acquisition of a vehicle, which should shake up the current prices.

"We ask customers to make a choice, either to commit now to take their cars at the displayed price now or wait and take the risk of vehicle prices rise after Budget Friday. Because if this is the case, it is the customer who will pay more, as stipulated in the contract of sale. But it is up to them, it is also possible that the price decline, "explains a 'dirty manna'.

Vikash Pamma executive in the private sector, has finally made the choice to buy the car he was interested. "I spend a leasing company, and I have to pay about 20% of the total price of the car. I waited to raise the money to make the deposit to my dealer and confirm the purchase. But with the budget, I might pay more after Friday, so I made a deposit of 10%, not taking risks. "

The price of the car Vikash Pamma is around Rs 600,000, a promotional price, he paid the sum of Rs 60,000, and it will take delivery after paying Rs 75,000 remaining. He plans to sell his car, an old ten years, for the sum. According to its most positive forecast in two weeks, it should be at the wheel of his new car.

These are the cars of 1000cc to 1250cc that are popular today. With the introduction of the carbon tax, customers prefer small cars with low emission of pollutants at the expense of larger ones. Prices vary between Rs 325,000 and Rs 700,000. These small cars, in addition to being equipped with the latest technologies, are also more economical, with a consumption of 4 to 5 liters per 100km.

The Mauritius Vehicles Dealers' Association (MVDA) already, despite the economic downturn, a record year 2012, at the sale of cars in Mauritius. It plans to end the year with sales of 9,200 cars. This is the first time that the bar 9000 cars sold will be taken. In total, more than 14,000 vehicles, including 5,200 used vehicles will be sold, according to forecasts.

The segment is around 81% occupied by the duty-paid, duty-free mainly concern officials and taxi drivers.

Also, note that in a letter addressed to the Minister of Finance, Xavier-Luc Duval, ABC Motors calls for a reduction in the excise duty of 27.5% for all electric vehicle. The dealership also offers a broader base bonuses on the carbon tax to include this category of vehicle, whose main asset remains its carbon emissions to zero.