How much can consumers save by lowering import tariffs on automobiles?

Updated on Car 2024-08-01
11 answers
  1. Anonymous users2024-02-15

    It is reported that the automobile ** is determined by many factors, and import tariffs are only one of them. From the point of view of the price of the car, the market guide price determined by the manufacturer determines the final price of the car to a large extent, and there is a certain relationship between the tariff and the manufacturer's market guide price.

    For example, the relevant person in charge of the Office of the Customs Tariff Commission said that taking an imported car with a guide price of about 900,000 yuan in China's market as an example, the CIF price of the car is 240,000 yuan, and the tariff rate is 25%, and the tariff amount is 60,000 yuan. The tariff amount accounts for 7% of the manufacturer's guide price in China's market. After the tax cut, the tariff rate will be reduced from 25% to 15%, and the imported car will be subject to tariffs of 10,000 yuan, which is 10,000 yuan less than before the tax cut.

    Affected by the reduction of tariffs, the value-added tax and consumption tax on automobile imports will also be reduced accordingly.

    In short, tax cuts can promote the decline of automobiles** and make consumers more affordable. After the news of the car tax cut was released, Toyota, BMW, Porsche and many other car companies have actively responded to relevant price adjustments. **: China News Network.

  2. Anonymous users2024-02-14

    Hello, now the reduction of tariffs has not begun to be implemented, and what impact it will have in the future needs to be seen to be further developed.

  3. Anonymous users2024-02-13

    Tariffs on imported cars from China.

    After China's accession to the WTO, the tariff on imported cars has been reduced year by year, and the current import tariff on cars is 25% plus 17% value-added tax, and consumption tax is added according to the displacement of the vehicle.

    The exhaust volume is less than 1% of the liter (including liter).

    Displacement above litres to 3% of litres inclusive

    Displacement above litres to 5% of litres (inclusive).

    Displacement above litres to 9% of litres (inclusive).

    Displacement above litres to 12% of litres (inclusive).

    Displacement above litres to 25% of litres (inclusive).

    40% of the displacement above liters

    Wherein: import tax = customs duty + consumption tax + value-added tax.

    Import tax consumption = (duty paid** + tariff) Consumption tax rate (1 - consumption tax rate) Import VAT amount = (dutiable ** + tariff + consumption tax paid) VAT rate.

    Specific import comprehensive tax rate = (tariff rate + consumption tax rate + VAT rate + tariff rate VAT rate) (1 - excise tax rate).

    Comprehensive tax rate = basic tariff (25%) + consumption tax (10%-40%) + value-added (17%) + others (mainly depending on displacement), totaling about 120%. Tariffs mainly depend on the displacement of imported cars, and the tariffs are different depending on the displacement and brand. In addition, imported cars need to have a brand authorization letter, and old motor vehicles are prohibited from being imported by law.

  4. Anonymous users2024-02-12

    The Customs Tariff Commission announced on May 22 that it will reduce import tariffs on complete vehicles and parts from July 1, 2018. The tax rate of 135 tax lines with a tax rate of 25% and 4 tax codes with a tax rate of 20% for vehicles will be reduced to 15%, and the tax rate for a total of 79 tax lines with a tax rate of % for auto parts will be reduced to 6%.

    Jia Xinguang, a senior expert in the automotive industry and executive director of the China Automobile Dealers Association, said that the tariff reduction was expected before, and the magnitude was relatively large, which can be said to be a big step forward in automobile tariffs. The impact on the high-end import car market will be more obvious, and this effect has been shown before, and many models in the high-end import market have dropped by 10,000 to 20,000 yuan.

    On the other hand, there are currently more than 1 million imported cars per year, which is relatively small compared with the overall domestic automobile sales market of 30 million per year, and will not have a big impact on the current overall automobile market. Moreover, imported cars and domestic models are complementary, the vast majority of multinational companies will not import as long as they are domestically produced models, imported models will not be produced in China, and will not have a direct impact on domestic auto products.

  5. Anonymous users2024-02-11

    Hello, the current tariff reduction has not affected the price of domestic imported cars, and many vehicles do not have any preferential treatment.

  6. Anonymous users2024-02-10

    Influential. It has a great impact, imported cars will be tariff cheaper, which is equal to cheaper, and the sales of imported cars will be hot for a few years.

  7. Anonymous users2024-02-09

    A responsible person of the Office of the Customs Tariff Commission explained: First, it is necessary for China to further expand reform and opening up. Taking the initiative to reduce import tariffs on automobiles to a considerable extent is conducive to expanding imports and promoting the high-quality development of the automobile industry under more open conditions.

    The second is the need for the automobile industry to promote supply-side structural reform, transformation and upgrading. The structure of China's automobile industry needs to be further optimized and upgraded, and the innovation ability needs to be further strengthened. Tariffs are a means of protection for compliance, but tariff protection should be moderate, and reducing import tariffs on automobiles will help the industry strengthen competition, adjust its structure, and accelerate its transformation.

  8. Anonymous users2024-02-08

    Automobiles** are determined by many factors, and import duties are just one of them. The market guidance** determined by the manufacturer largely determines the final sale of the car**. There is a relationship between tariffs and market guidance from manufacturers**.

    Reducing tariffs is a factor in price reductions, but whether and how much a car price is reduced is a market behavior.

    With the approval of ***, from July 1, 2018, the tax rates of 135 vehicle tax codes with a tax rate of 25% and 4 tax codes with a tax rate of 20% have been reduced to % and 25% respectively; The tax rate for 79 tariff lines with a tax rate of % and 25% for auto parts was reduced to 6%, with an average reduction of 46%.

    Reducing tariffs is not only a way for the state to promote international volume, but also an important way to reduce the tax burden on taxpayers. For enterprises that buy imported auto parts, the most direct performance is ****. When the import tariffs of domestic joint venture automakers are reduced, the ** of imported parts will also be reduced, but the tariffs of most auto parts are only reduced by 2%, and the impact on the product ** is very small.

    With the reduction of import duties on automobiles, it is easy to think that the ** of imported cars will go down and consumers will buy imported cars cheaper. In the teacher's opinion, the most beneficial is the dealer, when the cost of buying an imported car decreases, the dealer's profit will increase, and for the consumer, ** is determined by supply and demand.

    In addition, the ** change in imported cars is closely related to exchange rate changes and model upgrades。"Changes in the exchange rate within a day may cause dealers' purchase costs to fluctuate up and down by one or two thousand yuan. If a new replacement model is about to be introduced, the ** of the old model will drop significantly.

    In the long run, the new policy will also benefit China's auto industry. Once the imported car is imported, it will inevitably affect the existing joint venture brand systemThis will change the situation of high profits of domestic auto companiesOptimize the market environment for automobile consumption. According to Cui Dongshu's analysis,From a structural point of view, the pressure on the high-end models of the joint venture is the greatestAnd the pressure on economy cars and domestic brands is relatively small.

  9. Anonymous users2024-02-07

    The reduction of tariffs on imported cars also means that the cost of imported cars will be lower, which may impact the domestic auto industry, people can spend less money to buy imported cars, and Chinese people can also experience the technology and services of imported cars.

  10. Anonymous users2024-02-06

    If you want to buy an imported car, you can be cheaper, but people who can afford to buy imported cars are really not bad before tax, China's local automobile technology is already very high, which can meet the needs of the public, and those who buy more imports are thieves and rich people, and I personally feel that it has no impact.

  11. Anonymous users2024-02-05

    The reduction of tariffs on imported automobiles will lead to an increase in the demand for imported automobiles in China. As a result, the sales of imported cars will inevitably increase.

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