How Much Will Turkey’s Domestic Car TOGG Price Be?

About 1 month before the start of production of Turkey’s domestic automobile, it was determined that the price of the vehicle could be offered for sale at approximately 910 thousand TL in the price estimation. These predictions were also confirmed by Tuncay Özilhan, Chairman of Anadolu Group, one of Togg’s partners.

The electric car, which will start production in Gemlik on October 29, will go on sale in the first quarter of 2023. The price of the vehicle is undoubtedly one of the most curious issues about Turkey’s domestic car Togg, which will be included in its structure. the first competition of the electric car with the body of the c-segment SUV. Although Togg CEO Gurcan Karakas says that the car will have an ‘accessible’ price policy at every opportunity, there is no official figure announced yet.

However, the change in the Special Consumption Tax (SCT) applied to electric cars last July gives clues about the price of Togg. With the last change that should not be forgotten, the new SCT rate for electric cars whose engine power does not exceed 160 kW and whose base value does not exceed 700 thousand TL is 10 percent.

40 PERCENT SCT ON MODELS EXCEEDING 700 THOUSAND LIRA

The new SCT rate of electric vehicles with the same engine power but with a base value exceeding 700 thousand TL has been determined as 40 percent. In electric cars with an engine power exceeding 160 kW, those whose base value does not exceed 750 thousand TL are 50 percent, and those above 60 percent are taxable. It was noted that on the days of the regulation, Togg’s price may also be affected by this change.

50 PERCENT SCT WILL BE TAKEN FROM 4 WHEEL DRIVE MODEL

In fact, according to the statements made, the rear-wheel drive (RWD) versions of Togg’s 100% electric SUV model will offer 149 kW, while the all-wheel drive (AWD) versions will offer 298 kW. Thus, the rear-wheel drive (RWD) versions of Togg’s c-segment SUV model will be able to enter the 10 percent SCT segment, while the all-wheel drive (AWD) system versions will enter the 50 percent SCT segment.

SALE PRICE ESTIMATED 910 THOUSAND LIRA

According to the new legislation, if the maximum value of the rear-wheel drive version of Togg’s C-SUV model is 700 thousand TL, it can be said that the retail sale price of the vehicle will be approximately 910 thousand TL.

“WE THINK AS A VEHICLE TO REACH THE CITIZEN”

This prediction we made at that time was confirmed by Tuncay Ozilhan, Chairman of Anadolu Group, one of Togg’s partners. In an interview with Dunya Newspaper, Ozilhan said, “Turkey’s domestic car Togg stays in the 10 percent SCT segment. We calculated the SCT as 7 percent while making the feasibility. There is a three-point excess in SCT, but we can solve it. It’s okay. We are considering a vehicle that Turkish citizens can reach.” “The statements confirmed the predictions made.