The Association of Importers of Used vehicles (Association) considers that the issue of undervaluations is contradictory; since the value that is taken as a reference for the import of used vehiclesis the consequence of the valuation statements made by new vehicle dealers.
The union affirms that the complaint of acofave because “it is the guild with the most privileges within the vehicle import sector”.
In a press release Association says that from Acofave’s statement, a reckless accusation is deduced against the supervisory and regulatory body that is the General Directorate of Customsand, in turn, reveals an internal contradiction to the detriment of its own associated dealers, which would imply an acknowledgment of undervaluation by new vehicles.
“The sector of used vehicles it is the one that contributes the most to the treasury ‘DGII and DGA’ within the automotive sector. For more than two decades, we have been a source of employment generation, on which many other economic sectors and subsectors depend, such as banks, insurance companies, workshops, spare parts and parts, related professionals, among others”, says the note.
Hector Rodriguez Urena, president of Association, highlighted that the contributions to the Dominican State of the sector, which for the year 2021 meant more than 15,528.1 million pesos only to the DGA, which are paid in advance through the importation of semi-new vehicles in optimal conditions; and as for the DGII, in 2021, the vehicle sector contributed the sum of 21,000 million pesos.
Acofave denounced before the Ministry of Finance that “current public policies favor used vehicles to the detriment of the new ones”, and the undervaluation of the former is generating losses for the treasury.
