Post by account_disabled on Feb 18, 2024 0:11:54 GMT -5
The prices of zero kilometer cars registered a cumulative jump of 43% during the first half of December. This week they increased their list price by 25% which joined the fifteen% average that had risen at the beginning of the month. The strong increase decided by the automotive terminals, which control more than 95% of the 0 km vehicle market in Argentina, even led to typical middle-class cars such as the Fiat Crono and the Peugeo which are already affected by the misnamed “trade tax.
luxury which increases the sales price of the units by Europe Mobile Number List above 14 million pesos. A "cheap" model like the Toyota Etios, a car that has just been discontinued in Brazil but of which there are still some units for sale, already exceeds 10 million pesos of the list price. The increase in prices is a reflection not of inflation but of the devaluation ordered by the new government of Javier Milei. After the increase in the price of the official dollar, which went from 360 pesos to 800, the best-selling terminals, such as Stellantis (Fiat, Peugeot and Jeep), Toyota and Volkswagen sent new price lists with increases.
The increases were communicated to the concessionaires between Thursday and Friday. In this way, the most expensive versions of the Fiat Cronos and Peugeot 8, two of the best-selling models of have already exceeded 14 million pesos and automatically begin to pay the first scale of internal taxes established by the Federal Public Revenue Administration (AFIP). That first scale is, but due to the accumulation of taxes it affects, it ends up impacting with a 25% increase in the price of the model.