Will Vehicle Prices Go Down?

[tharakaf]

Guys,

Thought of starting a thread for an interesting discussion because I see this popping up everywhere and might be good to put everything in one place.

My Answer to this is NO (atleast not drastically). The reasons I see is given below with a comparison. Feel free to put your arguments below for the sake of the rest.

Simple example I can give to you that shit will not improve is, Let's take a vitz

Back in 2018 (brand news 2018 shit)
Japan auction price 1.5milY (1Y=1.5LKR) --> 2.2mil LKR
SL Duty --> 2.2mil LKR
Total --> 4.5mil LKR (roughly. This is personally imported price.)

Now in 2021 the above will be
Japan auction price 1.5milY (1Y=2.75LKR) -->4.2mil LKR
SL Duty --> 2.2mil LKR (Let's say it doesn't change)
total --> 6.5mil LKR

current market price 7mil to 8mil

Now the second calculation has a very little chance to change because it is directly tagged to the exchange values. Also with the new directions of IMF they will not lower the duty but as a matter of fact might increase it even further if they allow to import vehicles.

So my personal view is vehicle prices will remain the same for a quite a long time and it has a better chance of going up than coming down.

 

[IceBear]

වාහන ගෙන්නන එක කරන්න දෙයි සමහරවිට ඩොලර් හම්බ කරන අයට. ඒ ගෙනාවත් උන් ලෝකල් මාකට් එකේ ඒවා අස්ප ගණන්වලට විකුණන එක නවත්තන්න බැහැ.

මම හිතන්නේ වාහන මිල දෙගුණ වෙයි කියල ඊළඟ අවුරුදු 3 ඇතුලත

100% true will happen during mass migration.

- Foreigners who live here will sell there vehicle when country’s situation gets worse. They don’t care about price they will sell and go asap.

- People who migrate will sell. They want money for education so they will surely sell.

- Ceased vehicles will increase

- Secondary vehicles will be sold

 

[tharakaf]

අමාරුවෙන් වාහනේ අරගන කාපෝච් ඒකේ පාක් කරල ඉරිදට ඒලියට අරගන හෝදලා පිහලා ආයෙ ඇතුලට දාන, සීට් වල ඉටිකොල ගලවලා නැති, බස් ඒකේ වැඩට යන, අවුරුද්දකට වතාවක් වාහනේ අරගන ට්‍රිප් ඒකක් යන පහල මැද පංතියක් තියනවා බං. ඒ් වාහන ඒළියට ඒනවා අනිවා තව ටික දවසකින්

ඔවු නේ.... ඒකනං ඇත්ත තමයි.
ඒත් ඉතිං විකුණන්න බලන්නෙ තියෙන උපරිම මිළටනෙ...

Even if those come out the bottom line of the vehicle price has increased due to the exchange rate and people will sell it above that. So anyway prices will never come down drastically.

---

100% true will happen during mass migration.

- Foreigners who live here will sell there vehicle when country’s situation gets worse. They don’t care about price they will sell and go asap.

- People who migrate will sell. They want money for education so they will surely sell.

- Ceased vehicles will increase

- Secondary vehicles will be sold

You think sinhalu can live happily knowing that they sold a vehicle for a lower price than they could have got ? Labba tama. Okun wahaneta gini thiyala daai matath nathan umbatath ne kiyala
------ Post added on May 2, 2022 at 9:35 AM

 

[dilann]

වටිනාකම නම් අඩු වෙන්ව ඉස්සරහට .

 

[magix]

Answer is No

 

[Master malli]

Spare parts අස්ප ගණන්..උබට පුචන්න සල්ලි තියනම් ගනින්..ඇනලයිස් කරන්න දෙයක් නෑ බෙහෙත් ගොඩක් හිගයි ගිය සතියේ පැන්ඩෝල් කාඩ් එකක් හොයා ගත්තේ අමාරැවෙන් අහන අහන තැන නෑ..ඔය සල්ලි වලින් ඉඩම් කෑල්ලක් (ඇතුලෙන්) අරන් මොනවහරි ඉන්දපන් නැත්නම් දැම්ම පැනපන් ඔය සල්ලි වලින් රට

 

[Emios]

vehicle is like love handles.Is the last fat to be gone after exercise

 

[IceBear]

Even if those come out the bottom line of the vehicle price has increased due to the exchange rate and people will sell it above that. So anyway prices will never come down drastically.

---

You think sinhalu can live happily knowing that they sold a vehicle for a lower price than they could have got ? Labba tama. Okun wahaneta gini thiyala daai matath nathan umbatath ne kiyala
------ Post added on May 2, 2022 at 9:35 AM

Lol yeah. If I were you I would migrate and buy a mustang with the remaining money. Just sayin lol.

 

[Thilantdm]

ube point eka hari adu wenne na.

$ eka me month eke 375-400ta yai kiyala mn predict krnne.
so danata gttama import krnna dunnoth me $ value ekath ekka , market eke 2018-2020 vehicles serama match wenwa 2022 vehicle eke price ekata.
samahara local thiynwa over priced ewath. me dn wahana gennna dunnoth wahana price adu wenwa.(bt shimpment charges ehmath wadi dn)

e kohoma unath dn import krnna denne nane.uba dn wahanayak gttot. 4 month yaddi $ eka wadi wei thawa 50 - 100 walin.
ethkota ube gawa thiyena wahane hari market eke thiyenne.(mn kiyanne 4 month yaddi $ ekath change weddi)

dn me thiyena wahana 1$ - 180 kale gennapuwada koheda. itn danatama 2X harine

 

[vgp]

The best example is since when prices were increased due to import ban, we hoped for a price reduction for about 2yrs but it keep increasing. Few months ago I sold a Maruti 800 for 19.25laks and today I could have sold it easily for about 21 If I had it. Those reasons we speculates above are not a problem for a certain class of people and they keep buying.
My 2 cents.

 

[Master malli]

I have been asked to relocate (which I have not considered since I like it here that is minus the queues) so I will not need the money to migrate. This is for me to satisfy my desire of driving a different type of car ban.

Desire is suffering bn..relocate weyn mea mase athulatha..ehen ekak gnin bn..ubalata athata hamabela katata daganna pina ne..

 

[Emios]

Desire is suffering bn..relocate weyn mea mase athulatha..ehen ekak gnin bn..ubalata athata hamabela katata daganna pina ne..

Desire is not suffering attachment is

 

[Local Disk (c:)]

The best example is since when prices were increased due to import ban, we hoped for a price reduction for about 2yrs but it keep increasing. Few months ago I sold a Maruti 800 for 19.25laks and today I could have sold it easily for about 21 If I had it. Those reasons we speculates above are not a problem for a certain class of people and they keep buying.
My 2 cents.

Problem is that certain class is getting narrower day by day

 

[Emios]

Balapan suv e ganamai.liter ekata 3k wath yanne nethi ewa

 

[maxtalker]

ඔවු නේ.... ඒකනං ඇත්ත තමයි.
ඒත් ඉතිං විකුණන්න බලන්නෙ තියෙන උපරිම මිළටනෙ...

විකුණන්න දැම්මට බං ගන්න ඒකෙකුත් ඉන්න ඒපැයි. ඉල්ලුම අඩු උනාම සැපයුම වැඩි උනාම නිකංම බහිනවා මාකට් ඒක. දැං ඔය වැගන් ආර් ඒහෙම බලපං පනස් ගනං වලට බැහැල තියෙන්නෙ අගේට. මට මතකයි ලක්ෂ අනූවකටත්, හැත්තැ ගනං වලට දාල තිබ්බ කාලෙකට කලින්

---

Even if those come out the bottom line of the vehicle price has increased due to the exchange rate and people will sell it above that. So anyway prices will never come down drastically.

Wondering what's the impact on USD rate fluctuation for local car market because there are no new imports. Besides when market flooded with (I'm sure it will going to happen) vehicles, the demand definitely goes down.
------ Post added on May 2, 2022 at 11:47 AM

 

[cuteoz]

I have been asked to relocate (which I have not considered since I like it here that is minus the queues) so I will not need the money to migrate. This is for me to satisfy my desire of driving a different type of car ban.

You like it here lol? You might be the only person who does, we’re in an severe economic crisis, only to be known to worsen an imf bailout is pending and not sure, we don’t have any funding for food or fuel or gas or medications, vehicles are only not even secondary.

 

[Emios]

You like it here lol? You might be the only person who does, we’re in an severe economic crisis, only to be known to worsen an imf bailout is pending and not sure, we don’t have any funding for food or fuel or gas or medications, vehicles are only not even secondary.

But i like the depressing vibe

 

[Gayan7774]

Will Double

 

[Hyaenidae]

Looks like it

https://elakiri.com/threads/වාහන-ගන්නෙයි-විකුණන්නෙයි-සේල්කාරයො-විතරයි-වගෙයි.2046298/

 

[banda065]

---

------ Post added on May 2, 2022 at 12:08 PM

 

[Emios]

View attachment 169461

---

View attachment 169462
------ Post added on May 2, 2022 at 12:08 PM

Lebonon is no sl.vehicle is a status symbol in sl