Big Audi models have price rise on higher tax

Shanghai, September 3 (Gasgoo.com) Most Audi car models for sale in China have been marked up to meet the higher sales tax on big cars since September 1, said xinhuanet.com today. As the leading brand in China's luxury car market, Audi has many 3.0L-plus models that are required to pay higher sales tax if they are sold in China.

Staff of Audi 4S stores said that Chinese production of 3.2L and 4.2L Audi models would be suspended and the stores sell the two locally made models from the inventories at the usual price. But the imported Audi A5 will have its price up by 30,000 yuan ($4,390), Audi A8L 3.2L-plus models up by 45,000 yuan (to sell for as much as 1.144 million yuan), 4.2L models up by 250,000 yuan, and Q7 3.6L models up by 16,000 yuan.

Audi A8L

The sales tax on big cars of these engine sizes have risen by 10% from Monday. Audi 4S stores said the price hike of those Audi cars will be finalized in mid-September, but the price of several other Audi models is expected to rise by 32% or so. That means the price of Audi A8L 6.0 will rise by nearly 640,000 yuan, Aud S8 and Audi A8 by 500,000 yuan.

The higher tax on big cars has no much influence on Chinese made Audi cars, and their buyer will not pay more for tax on these vehicles. But imported Audi cars of large engines have to sell at much higher prices to meet the rising sales tax on them.