Comments on: Huge Imbalance in CKD vs CBU Pricing https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/?utm_source=rss&utm_medium=rss&utm_campaign=huge-imbalance-in-ckd-vs-cbu-pricing Pakistan's Trusted Automobile Blog Fri, 06 May 2022 13:07:57 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Ali Khan https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6335 Tue, 27 Jul 2021 03:14:19 +0000 https://carspiritpk.com/?p=41479#comment-6335 In reply to Mudassar.

What I want to highlight are the very high prices, we in Pakistan, are paying.
Let me again explain with the example of the Toyota Land Cruiser:
In Japan, the original Market Sale Price of the model of the Land Cruiser that we discussed here is 8 Million PKR (Converted from Yen to PKR)
The Cruiser is Imported from Japan by Philippines and is sold there locally at 16 million PKR. That is 200% of its original sale price in Japan. That in the Philippines will will include, purchase price, shipping, handling, applicable Taxes and Profits.
Similarly The Cruiser is imported from Japan to Vietnam. It is sold there at 28 million PKR. That is approx. 350% of the original (Japanese) price. Again that sale price in Vietnam includes all the shipping, handling, taxes and profit margins.
In Pakistan, the Cruiser is sold at 53 million PKR. That is over 650% of the original price!
That is what I set out to highlight here. Is this discrepancy due to taxes only or is it a case of the companies being completely unmonitored and are charging what they want? That is less of a “price” and more like extortion. Even if it is a case of extreme taxes, they must be lowered for the sake of the growth of the industry.
That is what I would like our Government or an independent body to investigate and correct.
This problem is also present in locally assembled cars as well. Their prices must also be scrutinized to ensure that these companies are not over charging consumers because they know they can get away with it.

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By: Mudassar https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6327 Sun, 25 Jul 2021 13:55:45 +0000 https://carspiritpk.com/?p=41479#comment-6327 I am sure writer has spent lot of time to write this article but After reading long article its still not clear the difference in the prices caused by higher taxes vs comparable countries or companies are charging more. Apologies! but not sure what to do with this information.

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By: Waqas https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6320 Sat, 24 Jul 2021 09:30:38 +0000 https://carspiritpk.com/?p=41479#comment-6320 In reply to True reason or question?.

I understand it should be emphasized, but because of having CKD it’s mean Pakistan already take a step for his economy, today Proton will not only produce CKD in Pakistan to sale car in Pakistan but they also want those CKD to be exported from Pakistan, since Proton is growing, and it will be a first in Pakistan to be able to export cars.
Pakistan export is based on food, textil, and sport equipments merely, but what we are importing, phones, cars, electronics devices etc, we are importing expensive stuff and exporting affordable and cheap stuff, you understand why they is deficit in Pakistan trade ?
Is not only about car is the whole system, but two game changer are coming Proton wich whay i said before and Samsung according to news, Samsung is planning to build a manufacturing plant, both of them have seen the day during PM Imran Khan mandate.
We can say is a PM who is doing good.
And we should as Pakistani do something for us,for example it was heartbreaking for me when Daraz was sold to Alibaba it was a very promising e-commerce website, why those crazies sold it ???
Make a brand, grow it, keep it and do something for your own country.

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By: Where are you? https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6316 Fri, 23 Jul 2021 16:07:48 +0000 https://carspiritpk.com/?p=41479#comment-6316 Where is Khurram?

One guy (or girl? Who knows <shrugs>) who usually writes his/her comments under the pseudonym Khurram usually doesn’t agree with the ideas of this writer which has not been confined or limited to one blog but in fact it is all over the local internet.

What are his/her ideas about this topic?

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By: True reason or question? https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6315 Fri, 23 Jul 2021 16:04:21 +0000 https://carspiritpk.com/?p=41479#comment-6315 In reply to waqas.

Regarding your last line “TO KEEP the country economy in balance we must avoid import and increase export.” it should be emphasized again & again that currently the CKDs enjoy low taxes just a fake “manufacturing”, infact it is “assembling of imported spare parts” all the way hence it is the greater contributor to trade deficit and current account deficit, as it is a hidden problem infact a sugar-coated poison is worse than a bitter poison. If we import proper CBU then at least it is clear that it is poison. And one more thing cannot understand is that most companies are importers of cars and very few of them have own brands or own assembly e.g. US, Japan, Germany, France, China, India also have own brands and own manufacturing remaining 100+ countries do not, so why aren’t these 100+ importers suffering from imports of cars but Pakistan is?

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By: waqas https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6314 Fri, 23 Jul 2021 09:30:10 +0000 https://carspiritpk.com/?p=41479#comment-6314 Like i said once in Pakwheels auto blog, toyota and honda are puting good prices, when it was car for mid-class, but there are clearly looting the rich people with overexagerating prices.
Another thing to took into consideration taxes are low for food and textils in Pakistan, there is also a need for state income.
AND TO KEEP the country economy in balance we must avoid import and increase export.

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By: More of it! https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6313 Fri, 23 Jul 2021 06:00:20 +0000 https://carspiritpk.com/?p=41479#comment-6313 Another aspect could be to show how the CKD prices of Pakistan vs others compare to purchasing power in Pakistan vs other countries.

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By: Landmark topic https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6312 Fri, 23 Jul 2021 05:58:37 +0000 https://carspiritpk.com/?p=41479#comment-6312 Thank you for touching this most important subject. Hope so that your article will be the initial landmark article to start social discourse on this topic.

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By: Forex rate https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6311 Fri, 23 Jul 2021 05:56:05 +0000 https://carspiritpk.com/?p=41479#comment-6311 To make it most authentic, please update the article with the forex rate of relevant currencies of those countries vs PKR on the day you wrote this article.

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By: Correction https://carspiritpk.com/huge-imbalance-in-ckd-vs-cbu-pricing/#comment-6310 Fri, 23 Jul 2021 05:54:20 +0000 https://carspiritpk.com/?p=41479#comment-6310 The photos of LC200 and LC Prado (150-series) seem to be interchanged in the article. Please correct them~

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