After the Government announced the elimination of the first scale of the Internal Tax on the records and the reduction of the second, all the automotive companies celebrated the measure and agreed to await the publication of the measures to know the details well. However, Ford Punta and now announced sales on several of its models.
The news of the National Executive’s decision broke into a post of the Minister of Economy, Luis Caputo, announcing the changes that will come next week, after its publication in the Official Gazette.
“Internal taxes will be eliminated for Cars between $ 41 and 75 millionuntil now they paid an aliquot of 20% and the aliquot for cars of more than 75 million, from 35% to 18%, “said the official.
In this way, they seek that the drop impacts a reduction in the sale price of these vehicles of between 15% and 20%, “which will surely produce an increase in market demand,” he said.
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Martín Galdeano, the president of Ford South America, explained how taxes influence the final price of cars
You have to clarify is that These modifications will not affect the cheapest models of the market, since those do not pay the internal tax known as “luxury tax”.
However, changes in the sales values of mid -range/high vehicles can exert down pressure and generate a general reduction. Even with the pickups, which are not taxed by that tribute but have a part of competition with several SUV models that will see their reduced prices.
Ford lowered prices
Martín Galdeano, president of Ford Argentina, was one of the first to express himself and called “excellent news that the government continues with this tax reduction path, especially those that are distortive to the market as internal taxes.”
However, in the oval mark they did not wait to know the details and the scope of the measure and They highlighted a good part of their range days before the month changes and based on the announcement of the minister.
Ford Mustang.The internal tax affected much of the oval brand range, since a few years ago the company changed its strategy and stopped offering small and economical vehicles. Therefore, except his family of pickups (Maverick, Ranger and F-150) and utilitarians (Transit), on which the internal tax does not apply, there was only one model without paying this tax, the territory SUV.
The reduction that Ford applied is not linear and a couple in all models. From the company they explained to Clarion that different calculations on the models were made, taking into account the adjustment for inflation that comes that is around 2%. That increase will have, for example, Ranger and Maverick ranges, while Territory stays with current prices
The question goes through the position that concessionaires will take in front of the units they already have in stock. From Ford Argentina they told this medium that The units that are already in the concessionaires will be recognized the difference in value “In order not to hinder any ongoing negotiation and so that the new sales values are made immediately,” according to a source.
In this way, the Bronco Sport and the hybrid Kuga, which were reached by the first scale, had an approximate reduction of 15.5 %. The first will have prices of $ 45.794.000 For the Big Bend version (until yesterday it cost $ 54,172,100) and $ 52.128.100 For the Wildrak ($ 61,665,000), and the electrified model cost $ 64.484.500 ($ 76.282.000).
Ford Bronco.The rest of the models that had discounts already correspond to the second scale of the internal tax, which will have a reduction in the aliquot from 35% to 18%. In this sense, the only model of the brand to which the entire reduction (approximately 18%) will be transferred is to the new Mustang, which now has a list price of $ 95.631.700 (Before there was $ 113,900,250).
The other models that receive changes in their list prices are bronco, which will now cost $ 110.792.800 (Before it was at $ 125,953,920) and the Electric Mustang Mach.E, which will remain in US$ 87.000 (US$ 95.000).
It is expected that in the next few days the rest of the companies will begin to publish their new price lists after the official announcements by the Executive Power.
