Do you think prices will reduce after budget?

vinsanity · 1st March 2005, 11:16

Quote:

Lower spare parts price only till April. They will then come back to regular rates.

Just wondering why they lowered the prices.. Is this some kind of festival offer?!!
Just for a month, they reduce it??!!

heavy_foot · 1st March 2005, 18:59

its only for one month because the vat is going to be introduced after april and the prices will be increased again.

F50 · 1st March 2005, 21:20

Custom Duty on components has been reduced from 20% to 15%.
Aluminium, reduced, from 15% to 10%
Excise Duty on steel increased from 12% to 16%
Tyres, reduced, from 24% to 16%
Only major beneficiary are the Auto Companies the cost of input is less and inturn its going to increase their profitability.
And i think prices will hike because the Euro III compliance is also going to play an important role.
And again the prices of petrol/diesel are hiked. :(

GTO · 2nd March 2005, 10:03

With the flat import duty down from 105% to a 100%, car prices have also come down. The Corolla for instance by a whopping 35,000 while the Innova is already lower by 14,000. Others are due to follow.

And the actual increase in petrol prices for us Mumbai guys is going to be about 2.5 rupees. If everything goes through...

GTO

vinsanity · 2nd March 2005, 10:52

F-50, Guess with this budget, we'l have more bikes got in dismantled and then assembeled bac here...

2.5 rupees more in mumbai???!!! Woah man, there never is going to be a day when these comes down?? Wish we had lots and lots of pertoleum.... So that we would get at Rs 7/l(Like in kuwait).....

normally_crazy · 2nd March 2005, 13:54

Quote:

Originally Posted by GTO

And the actual increase in petrol prices for us Mumbai guys is going to be about 2.5 rupees. If everything goes through...

GTO

darn - i better sell off my ikon and start looking for an Indica ...or maybe a reva now !

z klasse · 2nd March 2005, 14:42

The prices of Honda are gone down. The City will now be 4000rs cheaper and the accord Rs. 8000. Toyota have also cut down prices of the Innova by around 8000rs and the Camry by 32000.

maybach · 2nd March 2005, 14:49

But Skoda not planing to decrease price.. they are saying they will give accessories rather then decrease price as their input costs are increasing

F50 · 3rd March 2005, 19:37

Quote:

Originally Posted by F 50

And i think prices will hike because the Euro III compliance is also going to play an important role.

Quote:

Originally Posted by vinsanity

F-50, Guess with this budget, we'l have more bikes got in dismantled and then assembeled bac here...

I never said that the prices will hike from the very next day what i meant to say was it might when Euro III starts to kick in.

1st March 2005, 18:59	#17
heavy_foot Senior - BHPian Join Date: Jun 2004 Location: Navi Mumbai Posts: 1,048 Thanked: 163 Times	its only for one month because the vat is going to be introduced after april and the prices will be increased again.
	() Thanks

1st March 2005, 21:20	#18
F50 Senior - BHPian Join Date: Mar 2004 Location: Mumbai/USA Posts: 1,707 Thanked: 103 Times	Custom Duty on components has been reduced from 20% to 15%. Aluminium, reduced, from 15% to 10% Excise Duty on steel increased from 12% to 16% Tyres, reduced, from 24% to 16% Only major beneficiary are the Auto Companies the cost of input is less and inturn its going to increase their profitability. And i think prices will hike because the Euro III compliance is also going to play an important role. And again the prices of petrol/diesel are hiked. :(
	() Thanks

2nd March 2005, 10:03	#19
GTO Team-BHP Support Join Date: Feb 2004 Location: Bombay Posts: 70,501 Thanked: 300,622 Times View My Garage	With the flat import duty down from 105% to a 100%, car prices have also come down. The Corolla for instance by a whopping 35,000 while the Innova is already lower by 14,000. Others are due to follow. And the actual increase in petrol prices for us Mumbai guys is going to be about 2.5 rupees. If everything goes through... GTO
	() Thanks

2nd March 2005, 10:52	#20
vinsanity BHPian Join Date: Nov 2004 Location: Patna Posts: 609 Thanked: 2 Times	F-50, Guess with this budget, we'l have more bikes got in dismantled and then assembeled bac here... 2.5 rupees more in mumbai???!!! Woah man, there never is going to be a day when these comes down?? Wish we had lots and lots of pertoleum.... So that we would get at Rs 7/l(Like in kuwait).....
	() Thanks

2nd March 2005, 14:42	#22
z klasse BHPian Join Date: Jun 2004 Location: Mumbai Posts: 351 Thanked: 28 Times View My Garage	The prices of Honda are gone down. The City will now be 4000rs cheaper and the accord Rs. 8000. Toyota have also cut down prices of the Innova by around 8000rs and the Camry by 32000.
	() Thanks

2nd March 2005, 14:49	#23
maybach BANNED Join Date: Feb 2005 Location: New Mumbai Posts: 266 Thanked: 0 Times	But Skoda not planing to decrease price.. they are saying they will give accessories rather then decrease price as their input costs are increasing
	() Thanks