Alto, ViVA, Panda etc car prices tumble in Sri Lanka

November, 13, 2014

While the prices of smaller motorcars saw a huge decrease through the 2015 Budget proposals, motorcar sales institutions have now released the new prices of their imported vehicles.

Accordingly, a spokesman for Associated Motorways told AdaderanaBiz.lk an Alto motorcar which earlier cost Rs. 1,850,000 has gone down to Rs. 1,498,000.

A Suzuki Wagon R which earlier cost Rs. 2,765,000 has decreased to Rs. 2,450,000 and a Suzuki StingRay which was sold earlier at Rs. 2,855,000 is now being sold at Rs. 2,615,000.

A Suzuki Celerio auto gear sold at Rs. 2,540,000 earlier is now Rs. 2,465,000 and a Suzuki Celerio manual gear which earlier cost Rs. 2,190,000 is now Rs. 2,050,000.

Similarly, a Suzuki Omni van which was earlier priced at Rs. 1,850,000 is now being sold at Rs. Rs. 1,675,000 and a Suzuki Swift sold earlier at Rs. 3,150,000 is now being sold at Rs. 2,850,000.

Meanwhile, United Motors which markets the ViVA motorcar manufactured by Perdua states a smaller 850cc ViVA car which cost Rs. 1,925,000 is now Rs. 1,760,000 and that the company now sells only smaller motorcars.

When AdaderanaBiz.lk inquired from Micro Motors, a spokesman said that a Panda GB motorcar priced earlier at Rs. 1,545,000 is now Rs. 1,245,000 and a Panda GS which earlier cost Rs. 1,670,000 is now only Rs. 1,395,000.

A Panda Cross which was earlier Rs. 2,075,000 is now Rs. 1,825,000.

However, it has been revealed that due to the current high demand a buyer has to be in the waiting list for around three months to own a vehicle.