Tax shock for pick-up trucks: SCT increased from 4% to 50%! Here are the new prices...
The legislative proposal containing the Special Consumption Tax (SCT) regulation has been accepted in the Grand National Assembly of Turkey (TBMM). A major tax increase was implemented, particularly for pick-up trucks. The SCT rate for these vehicles has been raised from 4% to 50%.
A new regulation regarding the Special Consumption Tax (SCT), which directly concerns the automotive sector, has been accepted in Parliament and enacted into law. The new law draws attention with a significant tax increase specifically targeting pick-up trucks.
With the law, SCT rates on automobiles will now range between 80% and 220%. However, the most striking change occurred in pick-up type vehicles, which had been sold with only a 4% SCT until now. The tax rate on these vehicles has been increased to 50%.
Following the publication of the law in the Official Gazette, prices for pick-up models are expected to increase significantly. This rise will affect both new vehicle sales and the second-hand market.
Here are some popular models that will be most affected by the SCT increase and their updated estimated prices:
Ford Ranger
Entry level: 2 million 960 thousand 300 TL → New price: 4 million 269 thousand 663 TL
Full equipment: 4 million 150 thousand 200 TL → New price: 5 million 985 thousand 864 TL
SsangYong Musso Grand
Entry level: 1 million 785 thousand TL → New price: 2 million 574 thousand 518 TL
Full equipment: 1 million 849 thousand 412 TL → New price: 2 million 667 thousand 420 TL
Toyota Hilux
Entry level: 2 million 114 thousand TL → New price: 3 million 49 thousand 38 TL
Full equipment: 3 million 34 thousand TL → New price: 4 million 375 thousand 959 TL
Volkswagen Amarok
Entry level: 3 million 182 thousand TL → New price: 4 million 589 thousand 421 TL
Full equipment: 3 million 500 thousand TL → New price: 5 million 48 thousand 76 TL
Otokar Foton Tundland
Entry level: 1 million 688 thousand 544 TL → New price: 2 million 435 thousand 400 TL
Full equipment: 2 million 24 thousand 880 TL → New price: 2 million 920 thousand 500 TL
News Source : 12punto
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