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Friday, 11 November 2016 - 11:31
Vehicle importers anticipate lease facilities from the budget
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Even though the prices of vehicles were not changed significantly, leasing facilities given for the purchase of vehicles will be changed, Lanka Vehicle Importers’ Association says.

Its Chairman Indika Sampath Merinchige said that only 50 per cent of cars, vans and jeeps can be given leasing facilities.

Three-wheelers gets a 25 per cent leasing facility. Lorries and buses will be given a 90 per cent leasing facility.

Prices of Hybrid vehicles will stay the same, while the limitation on lorries and trucks imports will be increased to 10 years.

Meanwhile, prices of small cars (less than 1000cc) was increased by Rs 200,000, while cars (1800-2000cc) up by Rs. 900,000.

Also prices of small petrol vans were reduced to Rs 2.5M.

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