Argentine Automakers Drop Prices on New Models
Car enthusiasts, rejoice! Argentine carmakers have exciting news for you. In response to the removal of the PAIS tax on foreign transactions and a decline in sales, several brands are slashing prices on their brand-new models. This move is sure to grab the attention of potential buyers looking for a good deal.
Let’s delve into the specifics of this price drop:
- Toyota Argentina leads the charge by lowering prices on some of its popular models by up to 3%. This reduction is a direct result of the elimination of the PAIS tax, which previously impacted import costs. The company’s CEO, Gustavo Salinas, emphasizes the importance of passing on government tax relief to consumers by reflecting it in competitive prices.
- Ford Argentina is not far behind, implementing an average price reduction of 1% across its model range. This adjustment is not dependent on the vehicle’s origin, showcasing the brand’s commitment to appealing to a wide customer base.
Despite these price cuts, potential buyers are exercising caution and holding out for further reductions in the new year. Many are banking on deeper cuts in 2025 models and the subtle appeal of owning the latest version of their desired vehicle. Ford Argentina’s President, Martín Galdeno, acknowledges this hesitation and mentions that the company is actively considering when to adjust prices to meet consumer expectations.
It’s worth noting that even with these price reductions, brand-new cars in Argentina remain pricier compared to neighboring countries like Brazil, Paraguay, and Chile. However, with ongoing adjustments and market dynamics, the automotive landscape in Argentina is poised for further changes to benefit consumers.
In conclusion, this recent move by Argentine carmakers to lower prices on new models is a positive development for car buyers in the country. The competition is growing fierce, and savvy consumers are in a prime position to take advantage of these attractive offers. Keep an eye out for upcoming announcements and make the most of this exciting opportunity to drive home a new car at a more affordable price. Happy car shopping!
