New Reduced Duties - For some famous cars

Effective from 23, November 2010

Compare with previous duty figures (You can find it in July, 2010 posts). Now its around 3.5 lacks less than the earlier for 2007 models. VAT is also down to 12% from 20%.

So the vehicle prices have gone down again.

For an example, you can buy a Toyota Allion NZT260 (New Model) 2007 late car for at least less than 5 lacks compared to the previous price.