Car prices prediction

[chdemon]

hi, what do you think car prices will go down or not ?

[capsat]

that's a blind man dreaming about snowfall in Manora

[chdemon]

i would have prefered just being answered "NO" lol. but thanks for the educational insult

[capsat]

am sorry if you are offended.
lately single line or short clear answers were thrown back to me as " arrogant, ego driven, insulting towards members ". i was alerted multiple times to "exercise caution"

[pwuser161116162678]

Car price prediction is a tricky question when inflation is surrounding every economy but here is what I understand...

Dollar rise (stopped so far),
RD/RegulatoryDuty and customs duty (reduced to original allowing cars to enter market and with 4000 on port cars being cleared),
LuxuryTax impacting higher end 1800cc n above when it got hiked from 17% to 25% (yet to be revised).

What I Notice is that 3 local manufacturers are closed too.. thisnis because the buyers are not ready to pay current prices.
So this seems the peak where nothing is working.
Any relaxation from govt (only when financial crunch eases out) will lead to price drop.
Current RD reduction will surely have an impact in coming days.

Let’s see..
What do other senior analysts think ? Your comments please.
Till what date shall we see the change or at least revision of luxury tax?

[pwuser161116162678]

Watch this.. 80/90 days wait and the difference is there

[dannz420]

RD/RegulatoryDuty and customs duty (reduced to original allowing cars to enter market and with 4000 on port cars being cleared),

The RD being reduced wast until 31st March '23 & the period is expired now. So this won't affect any new import or current pricing.

[pwuser161116162678]

Dear 31 ke baad khatam yani reduce ho gaee hai.. please re read the news and above video.

[pwuser161116162678]

The impact has started on mobile industry.. dollar impact applies here too.. and the reduction from Techno and Infinix is big..

So expecting change to start in auto sector too..

Red this..
https://pkrevenue.com/infinix-pakistan-reduces-phone-prices-as-regulatory-duty-ends/amp/

[chdemon]

haha no bro, all is good. i replied in a fun way too :). infact i enjoyed the little sarcasm. so all is good, no hard feelings