The National Association of Vehicle Dealers (addive) considered yesterday as counterproductive and part of a “media war” complaint of the Association of Vehicle Manufacturers Dealers (acofave) on an alleged undervaluation of used imported vehicles, generating losses tax revenue of up to 30,000 million pesos.
“Here we have agreements between the vehicle importers and the State for more than 20 years, with agreed values -tax payment- for the importation of the units”; These agreements stipulate parameters for fair and loyal competition, said the president of addiveCesar de los Santos.
Increase in used
The vehicle demand Second-hand has increased as a result of the limited availability and high prices of new ones, which encourages people to acquire used units, which are the ones they can afford, said De los Santos.
“The position taken by acofave does not obey the objective truth based on a study that provides irrefutable documentary evidence, but is part of the media war to control the market”, said Víctor Ventura, adviser to addive.
The entity brings together some 400 dealers dedicated to the import and marketing of new and used vehicles in the country.
According to data provided by the union, by 2015 the share of new vehicles in the local market was 33.2%, that is to say, that a third of the imported units were new. This figure decreased in the following years.
By 2021, participation reached twenty %. Of every 10 imports, two are new and eight are half used, in almost new conditions, “with better prices,” Ventura told Free Journal.
Contributions to the treasury
In an analysis sent to the Minister of Tax authorities, acofave denounces that the import trend of used vehicles undervalued for until 53% Watch out for collections. De los Santos indicated that this is something “contradictory”, because the Dominican vehicle fleet is made up to a greater extent of used units.
65%
Of the taxes of the automotive sector were paid to the DGII by the subsector of used vehicles.
He said that by 2021, the motor vehicle line paid Customs 25,880.30 million pesos, of which the used subsector tribute 60% and new ones 40%. “This means that medium-use vehicles paid 1.5 more times taxes than the new ones,” he specified.
By highlighting the contributions made by him automotive section to the collections of the General Directorate of Taxes Internal during the past year, the association reported that the values amounted to 21,000 million pesos, of which it is estimated that the used subsector paid 13,650 million, for 65% of the total.
the president of addive asserted that importers of used vehicles they can only bring vehicles of the year of manufacturing until 2020, while dealers already have the 2023 ones on the market.
“We are beginning to depreciate vehicles based on price of theirs” -the manufacturers-, therefore, as an institution, “we call for common sense and prudence”.
Customs analyze
Free Journal consulted Customs and to Treasury to know your opinion about the complaint of acofave. The first, she replied that she is analyzing the information and later “we will be able to comment on it.” Treasury had not issued its response at the close of this edition.
