People belonging to different shades of opinion have highly lauded the government announcement to decrease the prices of the cars and have expressed complete satisfaction.
It will enhance the capacity of car purchasing and will further enhance the economic activities in the country.
After government decision of decrease in the duty the prices of small cars are likely to decrease by Rs 100,000 to Rs 150,000 in the country, said Jawed Akhtar Bhatti, senior Vice President RCCI while talking to Business Recorder.
He said that reduction in duty and permission to import reconditioned cars by the federal government will make the car purchasing easy.
He dispelled the impression that it will put a dent on car dealers and said that it is good news for car dealers as well.
After this decision was implemented the car market will widen and similarly the profit of the dealers.
People definitely welcome this much-awaited move by the government, which will now enable the people of middle-class to have their own cars, said Muhammad Ashfaq, a private sector employee.
He said that people who were only thinking of purchasing a car would now be able to purchase a car.
Government should also decrease the POL and CNG prices in order to facilitate masses, he demanded.
"It's a very good news and a great decision on the part of present government. Now common man can think of buying his own car," said an emotionally charged Imran Raja, an employee of RCCI.
Meanwhile, sources said the government was likely to reduce the import duty on 800 cc cars by 50 percent.
The customers would also be allowed to directly import cars from Japan and other countries.
They disclosed that customers could import reconditioned 800 cc cars, which are of better quality than the local ones, at a price of 200,000 while the new imported car would be available at a price of 260,000.
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