After all, why is Toyota Fortuner worth Rs 26 lakh sold to customers for Rs 39,28,000? You will be stunned to know the reason

Car News Desk – There are many luxury cars available in the Indian market. The price of these luxury cars is in crores of rupees. Not everyone can buy luxury cars. Have you ever wondered how much companies earn by buying expensive cars? In this case it is not at all what you think, rather the opposite is true. Because Toyota Fortuner is a car on which the company earns less and the government earns more. Let us know what is the complete mathematics behind this?

Let's understand the complete mathematics
The ex-showroom price of Toyota Fortuner is Rs 33 lakh 43 thousand. Whenever a car is sold, the manufacturer earns Rs 35 to 40 thousand while the dealer earns Rs 1 lakh. Apart from this, if we talk about the government, then on one sale the government earns up to Rs 1 lakh including all taxes.

The price of the car is just this much
Regarding this car, in the year 2022, YouTuber and CA Sahil Jain had said in one of his videos that if the ex-showroom price of Toyota Fortuner is Rs 39,28,000 (price at that time), then the actual price of the car will be Rs 26,27,000. While the remaining amount is added due to the two components of GST. GST compensation is 22 percent and GST is 28 percent.

Apart from this, other charges are also levied on the car and this money includes everything like registration, logistics, Fastag etc. The total income of the government including all taxes and duties comes to more than Rs 18 lakh. Sales of luxury cars provide higher margins to companies and higher commissions to dealers, while the tax burden on luxury cars is also higher.