Will Vehicle Prices Go Down?

tharakaf

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  • Oct 19, 2020
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    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.
     

    The Chairman

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  • Jan 24, 2012
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    Will go down some amount.
    1. Increased loan/lease rates
    2. Fuel prices keep going up.
    3. Less parts or high prices of those.
    4. All other necessary items' prices keep increasing because of USD/ expected VAT increase.

    People have more things to do than buying a vehicle.

    Any idiot can post an ad with a funny price. That doesn't mean vehicle is gonna sell at that price :-)
     

    raman2

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  • Feb 16, 2009
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    umbath dan Anuradha wage wela.. oya wahane gannawanam ganin.. salli amarunam bike ekak ganin...
    ekama de aha aha thread 10 withara dan wate yanna epa..
     

    tharakaf

    Well-known member
  • Oct 19, 2020
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    umbath dan Anuradha wage wela.. oya wahane gannawanam ganin.. salli amarunam bike ekak ganin...
    ekama prashneta thread 10 withara dawasa gane danna epa..
    Yako Prashne kiyawapan. I have the money to buy it and I will not stop buying regardless of what people say about prices going up/down. 1mil 2mil flactuation isn't something I will give a shit about.

    What makes it interesting for me is seen people saying prices will go down. But they do this in different places and I want that conversation to happen in one place so that if someone in the future see it will find it useful :-).

    FYI Anuradha is about posting his problems, expecting others to feel sorry and finally to give some money to him. I don't do any of that :-)
     
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    Anunaki87

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  • May 31, 2017
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    7 Sea's
    James Mcavoy No GIF by Morphin
     

    tharakaf

    Well-known member
  • Oct 19, 2020
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    Will go down some amount.
    1. Increased loan/lease rates
    2. Fuel prices keep going up.
    3. Less parts or high prices of those.
    4. All other necessary items' prices keep increasing because of USD/ expected VAT increase.

    People have more things to do than buying a vehicle.

    Any idiot can post an ad with a funny price. That doesn't mean vehicle is gonna sell at that price :-)
    People buy ban. Masayak, dekak indi after that they say "fuck it" and buy.
     

    IceBear

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  • Jul 25, 2021
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    Alaska
    There will be a small change in prices because of the interest hike. Example 0.5 to 1 million.

    BUT

    In my personal view, If the economic condition worsens, like for example;

    - Lack of food
    - Scarcity of essential medicines
    - No petrol
    - No Spare parts

    If the situation get worse like the above examples, then the vehicle price will change drastically.

    It’s possible because IMF is not willing to help us.

    When there is mass migration and severe economic condition nobody will be trying to buy vehicles rather will be keen to sell and get out of SL. Then there will be huge discounts.
     
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    PHBhagya

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    අඩුවෙන්නෙ නෑ.
    තෙල් වැඩිවුණා කියලත් ලොකුවට අඩුවෙයි කියල හිතන්න බෑ....
    මොකද තෙල් ගහගන්න බැරි උං වාහන ගන්නෙ නෑනෙ...
    සමහර රට යන මිනිස්සුනං පරණ මිළට විකුණල දාල යන අවස්ථා ඉඳහිටල තියෙනව...

    ඩොලර් රේට් අඩුවෙලා ආර්ථිකේ යම් මට්ටමකට හැදුනොත් සමහරවිට අඩුවෙයි. ඒත් ඒක තව අවු 10 කටවත් කරන්න බෑ...
     

    vinura kithmal

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  • Oct 19, 2014
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    සිංහලේ
    There will be a small change in prices because of the interest hike. Example 0.5 to 1 million.

    In my personal view, If the economic condition worsens, like for example;

    - Lack of food
    - Scarcity of essential medicines
    - No petrol
    - No Spare parts

    If the situation get worse like the above examples, then the vehicle price will change drastically.

    As per my personal view, it’s possible because IMF is not willing to help us.

    When there is mass migration and severe economic condition nobody will be trying to buy vehicles rather will be keen to sell and get out of SL. Then there will be huge discounts.
    this is kinda true
    but will never hope this to happen :(
     

    maxtalker

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    අඩුවෙන්නෙ නෑ.
    තෙල් වැඩිවුණා කියලත් ලොකුවට අඩුවෙයි කියල හිතන්න බෑ....
    මොකද තෙල් ගහගන්න බැරි උං වාහන ගන්නෙ නෑනෙ...
    සමහර රට යන මිනිස්සුනං පරණ මිළට විකුණල දාල යන අවස්ථා ඉඳහිටල තියෙනව...

    ඩොලර් රේට් අඩුවෙලා ආර්ථිකේ යම් මට්ටමකට හැදුනොත් සමහරවිට අඩුවෙයි. ඒත් ඒක තව අවු 10 කටවත් කරන්න බෑ...
    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
     

    topkollek

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    ┬┴┬┴┤(·_├┬┴┬┴
    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
     
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    PHBhagya

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    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...
     
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    tharakaf

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  • Oct 19, 2020
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    Moda wada krnn epa bn..oya salli walin migrate weyn..migrate wennth aduma 40 50 ona student ynwa nm..kalin 20ta giyapu eka
    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.
     

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