Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car dealers' margins, which may be passed on to buyers. Overall, the small contribution of EVs and the marginal rise in cost should not significantly impact the used car market.

from Auto-Industry-Economic Times https://ift.tt/GuUmKNp