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Thread: Cost of Toyota VITZ 2002

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    Default Cost of Toyota VITZ 2002

    Here's how to calculate the landed cost of toyota Vitz 2002 model( with all taxes). The cost of New Toyota vitz is about US$ 10,000 about 6 laks and in JP Yen 1.1 million. so for the used one the depreciation of 2% is limited to 50% of the total duty. Duty is 50% before depreciation is US$5,000( but actual duty would be US$2500 because 50% depreciation kicks in). the price of 2002 vitz in japan is about US$4000.00 chk out urself http://auctions.amayama.com/toyota/vitz

    so final price would be US$4000 + US$2500 + 28% (other duty)on US$ 6500 which is about US$1820 + freight US$800
    comes out to be US$9120.00 . there are some clearing charges as well about US$300-500 depends on stuff!!! so total would be US$9500 in pak RS 570,000 , selling for RS. 700,000 ,, so RS 130000 profit on each car


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    Can u present the same in a more Lucid way. Not everyone here is an accountant like me
    Keep a cool head and wear seatbelts!

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    very simple!!!
    1- first get the new car price for tax purposes.
    2- price of used 2002 model vitz in intl. market.
    3- add freight
    4- Other expenses clearing etc,
    5- Add them all up.
    so,
    1- new vitz 1.0L auto in japan costs PK RS 600,000. so calc tax. for the sake of simplicity tax would be PK RS 250,000 to 300,000

    2- used 2002 vitz in intl market is about PK RS 250,000- 300,000

    3- transportation cost from JAPAN to PAK is abt PK RS 40,000

    4- other expense abt 25,000

    5- add them all up rough estimate (avg)
    275000+275000+40000+25000=615000

    that all folks!!!!!

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    Add shipment Prices Also
    "The messenger of Allah said: "Islam is to testify that there is no god but Allah and Muhammad is the messenger of Allah, to perform the prayers, to pay the zakat, to fast in Ramadhan, and to make the pilgrimage to the House if you are able to do so." He said: " You have spoken rightly", Jebreel (Gabriel) from Number 2 of "Al-Nawawi's Forty Hadiths."

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    sir, wrong calculation i my self is importing vitz from japan regulerly , decent vitz land in khi around 685,000 and sold around 750,000......c grade car with almost 50,000km + even cost not less then 650,000......

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