Importers say that the prices of three-wheelers and motorcycles will also increase due to the new tax rates imposed on vehicle imports. Accordingly, they point out that the price of a three-wheeler will increase by about Rs. 650,000 and the price of a motorcycle will increase by up to Rs. 700,000.
They also point out that the prices of small-scale lorries will also increase with the new tax rates and that these prices will remain for some time.
Accordingly, it is advisable for consumers looking to buy a vehicle to choose the desired vehicle after studying their financial situation, says Ceylon Motor Traders Association President Andrew Perera. He stated this while participating in an electronic media discussion.