The Government announced a change in the collection of the PAIS tax advance for imports and that will have implications on the list prices of cars 0 km that are sold in Argentina.
In December of last year, the executive branch had increased the rate from 7.5% to 17.5% of the tax established by the Alberto Fernández administration that impacted products entering the country.
In September, the Government made the reduction of the PAIS tax official through a presidential decree. In this way, the tax that impacts imports went from 17.5% to 7.5%.
The result was the lowering of the list prices of almost all 0 km. Some of them also served to rearrange the ranges since there were cases of reductions of more than 25% that were not due to changes in the tax.
In any case, the discounts were more marked on the models that arrived imported but also had an effect on those of national productionsince many of the pieces for its construction come from abroad.
The new Government provision eliminates the advance of 95% of the rate that had to be executed to enter finished products or parts. It is the advance of the complete elimination of the PAIS tax announced by the executive for the end of December.
How much will prices drop
Although the December price lists will not be known until next week, some companies, such as Ford y Toyotahave already announced that they are going to make new discounts in their official price lists.
The Japanese brand, market leader, announced that it will make reductions in both its domestic and imported models. For the first, the discounts will be on average 1.5%, while for those arriving from abroad it will be 3%.
The domestically produced Ford Ranger will drop 1% on average.Toyota currently manufactures the Hilux truck and the SW4 SUV in the country, in addition to assembling the Hiace utility vehicle. The rest of its range is imported mainly from Brazil, with models such as Yaris, Corolla and Corolla Cross.
Specifically, the cheapest version of the Yaris (XS 1.5 CVT), for example, passed from $23,571,000 to $22,864,000. The most affordable Corolla (2.0 XLI) dropped from $28,824,000 to $27,959,000. While the cheaper Corolla Cross went out of $ 37.456.000 a $ 36.362.000.
In the case of trucks, the most economical Hilux double cabin (DX 4×2) went from $38,001,000 to $37,621,000. While the SRX 4×4 fell from $67,616,000 to $66,940,000.
The case of Ford is similar although there is no differentiation between national and imported. As far as he could know Clarionthe oval brand will convey “the total positive impact” of the tax reduction, according to a source. That is lowering the prices of the entire range by an average of 1% compared to November and without applying the 2% increase due to inflation that had been recorded.
In its General Pacheco plant, the oval brand manufactures the Ranger pickup and brings models imported from Mexico (Maverick, Bronco Sport and Mustang Mach-E), the United States (Kuga, Bronco, F-150 and F-150 Raptor) and China (Territory). The official lists will be published on Monday.
Clarion He consulted other companies and the majority responded that the situation is “under analysis” and that there will be more news next week.
