Jakarta, CNBC Indonesia – Relaxation of Sales Tax on Luxury Goods (PPnBM) for new cars issued by the government to increase people’s purchasing power. That way the price of new vehicles becomes cheaper, and can encourage new vehicle purchases to increase and drive the automotive industry.
Unfortunately, this policy has a broad impact on the sides of used car dealers and sellers. They are also careful to avoid ‘lifting’ cars that are subject to tax relaxation from Avanza to Fortuner cs. Meanwhile, owners of old vehicles must accept that the price is now lower than the price it should be.
It is thought that now is the right moment for used car dealers to hunt for below-priced vehicles. However, not all used car showroom owners agree, they are even cautious.
“If asked about an opportunity, we don’t think so. Let’s say that Fortuner has just got a new price for PPnBM, while people who buy Fortuner VRZ 2019 are still much higher, are these customers willing to let go at a low price? I don’t think so,” said the owner of Indigo Auto, located in at BEZ Auto Center, Gading Raya, Tangerang, Yudy Budiman to CNBC Indonesia, quoted on Saturday (10/4/21).
Used car traders are also reluctant to take the risk of keeping a lot of stock immediately because the relaxation period is quite long, namely until the end of the coming year. If the years change, there is a potential for the price to be lower.
“The 2,500cc policy has a slightly different policy compared to 1,500cc, it will go straight for 5 months. If three months might really be a momentum, but if five months are long enough, we have capital to last 5 months, hopefully it will go up again at the end of the year. year the buyer said the selling price was about to change the year. For example a 2016 car, it’s been 5 years, he said it would be 6 years, “he said.
For this reason, used car entrepreneurs must take action carefully and do not have too high expectations. Yudy assessed that this industry still has its own market segmentation that can be worked on, only the traders have to be smart in finding ways.
“We do a little differently, maybe a new car can’t. With a low DP, you can get a DP of Rp. 15 million – Rp. 20 million for small cars, even Rp. 10 million. The dealership may be difficult, but we can help even with financial data, credibility must be good. For example, Calya, Avanza 2010-2011, manual Brio can still be done, “he said.
Yudy Budiman was among those who chose his own strategy, namely avoiding selling cars that were exposed to relaxation.
“We are reducing the segment because it is rather sensitive (price),” he said.
As a consequence, the price of used cars of the 29 models was also affected. This must be faced by traders, including the fate of consumers who sell used cars.
“In my opinion, it is ambiguous, what is the government’s goal of being supported by the tax discount, because with this information, even 1,500cc is already running, what happens is that there is confusion in terms of used car prices, it is not us who have stock, but people who want to go down. selling also fell, “he explained.
People who owned cars and bought them before the tax relaxation policies emerged were also affected.
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