No doubt these cars should be selling in the 1500-2000 dollar range which would still give China a healthy profit...However, our 'Free Trading Americans' figure they will price them the same as American cars of the same size, style, etc...
Just a little more robbery that we are getting used to...
For one thing, China's application of taxes on cars does not follow international practices. The price of a locally manufactured saloon car includes 17 percent VAT, 3-8 percent excise, 10 percent purchase tax, as well as import tax on accessories and local tax. This means that 30-40 percent of the purchase price goes on tax of various kinds. As to imported cars, taxes constitute 60 percent of a car purchase price.LOL