Thailand to offer $3,317 credit for purchase of vehicles with up to 1.5-liter engines

Written By Thomas Ponco on Friday, September 16, 2011 | 7:00 AM

The first Sports Cars are considered to be (though the term would not be coined until after World War One) the 3 litre made in 1910 Vauxhall 20 hp (15 kW) and 27/80PS Austro-Daimler (designed by Ferdinand Porsche).
2011 Honda Brio
Thailand's government is discussing a tax rebate of up to 100,000 baht ($3,317 U.S. at the current exchange rate) for buyers of vehicles with engines that displace 1.5-liters or less. The move could cost the government an estimated 30 billion baht ($99.5 million U.S.), with up to 500,000 buyers possibly snatching up qualified vehicles to take advantage of the rebate.

Phongpanu Svetarundra, director general of Thailand's Excise Department, told reporters the tax refund would only apply to vehicles priced below one million baht ($33,168 U.S.). The popular Honda Brio minicar, with a base MSRP of 399,900 baht ($13,239 U.S.) and a Euro 4-compliant 1.2-liter four-cylinder i-VTEC engine, is one of countless vehicles that would quality for Thailand's proposed tax rebate. The Brio's fuel economy rating of approximately 47 miles per gallon (U.S.) and its after-credit price of around $9,917 U.S., would likely make it an attractive option to Thai citizens.

The Thai government is also subsidizing the production of cleaner vehicles within its borders, so it kind of makes sense to promote their sale as well.

List of sports cars Thailand to offer $3,317 credit for purchase of vehicles with up to 1.5-liter engines A car may be a sporting automobile without being a sports car. New sports cars Thailand to offer $3,317 credit for purchase of vehicles with up to 1.5-liter engines Performance modifications of regular, production cars, such as sport compacts, sports sedans, muscle cars, hot hatches and the like, generally are not considered sports cars, yet share traits common to sports cars. They are sometimes called " Affordable Sports Cars Thailand to offer $3,317 credit for purchase of vehicles with up to 1.5-liter engines" for marketing purposes for increased advertising and promotional purposes. Performance cars of all configurations are grouped as Sports and Grand tourer cars or, occasionally, as performance Cheap Sports Cars Thailand to offer $3,317 credit for purchase of vehicles with up to 1.5-liter engines.

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