Prestige Auto, the representative of the Mercedes-Benz brand in Argentina, refunds the amount of luxury tax to customers who Buy cars in December and January if the abolition of the tax is approved before January 31st.
The project of Work modernization which the government of Javier Milei sent to Congress this week considers eliminating selective consumption taxes. The one among them Taxes the High-end vehicles. Already this month the Ministry of Economic Affairs had reduced this taxwith the Elimination of the first scale -which had a duty rate of 20%- and a Decrease from 35% to 18% of the secondthat reaches dealer value models around the world 120 million dollars.
Most models offered by Mercedes-Benz belong to this last category.. The tax taxes passenger cars, not commercial vehicles such as pickup trucks, utility vehicles and vans.
“At Prestige Auto we believe that the goal of promoting the elimination of internal taxes in the automotive sector is a positive action. It is crucial that the legislative process progresses in a predictable manner and that the government accompanies this transition to prevent the expectation of change from influencing the pace of consumption.“said the automaker, whose helm is Daniel Herrero.
“From our company we support this initiative and are convinced that an agile implementation will lead to its benefits being fully reflected in the industry and among consumers.“, he added.
“In this sense, as a business policy, we will refund the value of these taxes to all customers who purchase our Mercedes-Benz vehicles between December and January, provided that the regulation applies until January 31st“, he reported.
Until Novemberthe automobile market recorded a decline Growth of 49.7% to 587,666 unitsaccording to the Association of Automobile Dealers of the Argentine Republic (Acara). With the expectation of closing the year above that 600,000 sales to the publicwill be that Top rating since 830,000 in 2018.
In this context the Premium market -consists of 100% imported vehicles- he has composed himself. Before the sale of its local car and van business to Prestige – signed in February and transferred in June – Mercedes-Benz had forecast a sales volume of $1.5 million 1400 units for this year. The new owners –Open carsa company that leads Pablo Peraltades Services and Transactions Group– They increased that number 2500with the expectation of achieving this 3000the minimum that, in their opinion, the star brand should have in a normalized Argentine market.
We would like to get to know you!
Register for free at El Cronista for an experience tailored to you.
About The Author
