Car prices set to go up? - Team-BHP

Jaguar · 23rd September 2007, 22:11

Hi All,

Don't know how true this is, but thought I'd share this with you all.
When I went to book my Ikon (@ Cauvery ford bangalore) I was told by the salesman that there would be a Cess on Cars from October. For Ikon, the price would go up by around 30K. So, I should have my car registered before 28th of this month. Is this correct?

- Jag

amohit · 24th September 2007, 06:49

hey,
the Govt of India is considering imposing 8% cess on cars and 4% cess on bikes. but there is no official deadline on this. This cess may get postponed for quite some time as there are chances of midterm poll.
Also there are issues of on what value will that cess be calculated.
Whatever it is, its deinately not going to come in october.

Regards,

simonkayar · 24th September 2007, 09:50

There is a talk about 8% cess on cars, but I am not sure whether it has taken a definite shape yet. But if it is passed in Parliament then all car prices will be hiked by 8%. Let us hope it does not happen.

GTO · 24th September 2007, 10:10

Please have a look at this related thread

Thread closed.

23rd September 2007, 22:11	#1 (permalink)
Jaguar BHPian Join Date: May 2006 Location: Bangalore Posts: 95	Car prices set to go up? Hi All, Don't know how true this is, but thought I'd share this with you all. When I went to book my Ikon (@ Cauvery ford bangalore) I was told by the salesman that there would be a Cess on Cars from October. For Ikon, the price would go up by around 30K. So, I should have my car registered before 28th of this month. Is this correct? - Jag __________________ The secret to creativity is knowing how to hide your sources.

24th September 2007, 06:49	#2 (permalink)
amohit BHPian Join Date: Jul 2007 Location: Bangalore Posts: 210	hey, the Govt of India is considering imposing 8% cess on cars and 4% cess on bikes. but there is no official deadline on this. This cess may get postponed for quite some time as there are chances of midterm poll. Also there are issues of on what value will that cess be calculated. Whatever it is, its deinately not going to come in october. Regards, __________________ Mohit Finally...Esteem VXI.

24th September 2007, 10:10	#4 (permalink)
GTO Super-Admin Join Date: Feb 2004 Location: Bombay Posts: 12,190 View My Garage	Please have a look at this related thread Thread closed. __________________ GTO Change the way you think, and watch the world change around you. Please don't PM for support. Use the Contact Form instead. Please read the NEW Team-BHP FAQ section for all your queries.

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24th September 2007, 09:50	#3 (permalink)
simonkayar BHPian Join Date: Sep 2007 Location: Bangalore Posts: 80 View My Garage	There is a talk about 8% cess on cars, but I am not sure whether it has taken a definite shape yet. But if it is passed in Parliament then all car prices will be hiked by 8%. Let us hope it does not happen.