Domestic cars are much more expensive than foreign cars, because of what?
Many people who like cars, especially imported cars, know that the same car is actually very cheap to buy abroad, but once imported into the country, it will be sold very expensive! This is why many people choose to buy cars at home. For example, the BMW X7 may only be more than 500,000 yuan abroad, to the domestic 4S stores will be priced at nearly a million dollars, making people bustling. Why are luxury cars so cheap abroad and so expensive at home? The first thing most people think of is tariffs! Because tariffs are a person's life. But if you say that only tax issues, market monopoly, logistics costs, store repair, after-sales maintenance and other reasons lead to imported car prices so expensive, it is too one-sided!
Why the tax? There is no way, because China's automobile industry has not experienced the first and second industrial revolution, and the foundation is very thin. If our domestic cars have the same level of manufacturing as Japan, how dare we set such a high price for imported cars? Although there has been a boom in the number of independent brands in the past two years, they still can't really compete with automobile companies like Japan and Germany, especially in the field of high-end cars
Import tax on imported cars = Customs duty + Consumption tax + VALUE-ADDED tax. Tariff = Customs price x 25% Sales tax ranges from 1% to 40% depending on engine capacity. If the price of the car exceeds 1 million dollars, it is subject to luxury tax. According to China, a luxury consumption tax of 20% is levied on vehicles priced over 1.7 million dollars. VAT = (tariff price + customs duty + consumption tax x 17%).
Combined, the taxes on the imported car totaled about 120% of the car! In addition, the price of the car's foreign transportation costs, foreign insurance, etc., when it left the port abroad, are not included in the calculation. Generally speaking, there must be tens of thousands of RMB. Also, when you pick up the car, you have to pay about 8.5% purchase tax, vehicle tax, registration fee, etc. As some foreign car companies, there is only one general agent in China, which is basically a 4S store. This is easy to create a monopoly, of course, the price of the car is also rising, but with the gradual liberalization of the domestic automotive policy, parallel imports of new channels have begun to enter the limelight.