Tuesday, February 22, 2011

BMW: Less is more

BMW's inline-six petrol engine could be a thing of the past in Thailand - should the current excise tax regime remain in place.

Currently, engines displacing less than 2,000cc are subject to 30% excise tax (25% and 22% for E20 and E85 capabilities, respectively), while those sized between 2,500-3,000cc face 40% (35% and 32% accordingly).
This 10% difference in excise tax can bring down the prices of BMW's luxury cars by as much as half-a-million baht, according current pricing trends.

Check out the Bangkok Post article here