Gear Up for a 10-15% Hike in Car Prices!
Enhanced utility bill calculations to increase car costs in Kuban region by revenue adjustment.
If you're a car enthusiast in the Krasnodar region, you might want to start saving a pretty penny—car prices could skyrocket by 10-15% by autumn. According to "KP"-Kuban, this steep rise is due to the new system for calculating the recycling fee. Effective from May 1, this fee acts like a tax on car imports or production and helps fund the recycling of old vehicles.
So what's the deal with the sudden surge in this waste management tax? As of last October, the recycling fee for passenger cars amounted to 556,200 rubles. However, it's now soaring to 667,400 rubles, and it's expected to continue climbing until 2030, as stated by the Ministry of Industry and Trade.
Want to see the numbers for yourself? Let's take a hypothetical hybrid car costing 5 million rubles in Russia, compared to 3 million rubles in an EAEU country. The new recycling fee and the difference in price would add up to a whopping 1,667,400 rubles going straight into the state's coffers. If we assume a multiplier of three for a car imported from the said EAEU country, we're looking at an eye-popping 2 million rubles! According to the head of Changan Exporcar's service department, German Kostulyov, this is exactly how things might shape up under the new system.
The government's objective with this new system is to bolster Russian vehicle manufacturers and combat the “gray” import scourge. Economists predict that the price hikes will be most pronounced come autumn, after the last stockpiles have been liquidated. Cars imported through parallel channels via Belarus and Kyrgyzstan will feel the pinch the most.
Whether you prefer to keep your conversations rolling on VKontakte, Odnoklassniki, Telegram, Viber, WhatsApp, or any other platform, remember to have this information on hand! 😎🚗💸
Keywords: #car #carpurchase #automotivemarket #parallelimports #recyclingfees #Krasnodarregion #economy #regulatorychanges #KP-Kuban #ChanganExporcar #GermanKostulyov
- In the Krasnodar region, the escalating car prices may incentivize car enthusiasts to save for higher expenses, as car prices might increase by 10-15% by autumn due to the new recycling fee system.
- The increase in the recycling fee for passenger cars is significant, with the fee rising from 556,200 rubles to 667,400 rubles, and expected to keep growing until 2030, as stated by the Ministry of Industry and Trade.
- With the new recycling fee and the difference in price, a hypothetical hybrid car imported from an EAEU country that costs 3 million rubles could end up costing an additional 2 million rubles in Russia, going straight to the state's finance.
- The government aims to boost Russian vehicle manufacturers and combat illicit imports with the implementation of this new recycling fee system, with economists predicting the steepest price hikes for cars imported through parallel channels in countries like Belarus and Kyrgyzstan.
