That's interesting but Turkey has found a solution to the problem. Having one of the highest tax rates in the World[0], the country had to be creative, thus invented the "Special Consumption tax" or SCT , which is determined by the size of the engine and price bracket of the car.
When you buy a car in Turkey, on top of the import duties(if any) a SCT is added(anywhere from %45 to %150), on top of that a VAT is added(yes, VAT is calculated over the final price with SCT), on top of that other smaller taxes are also added(radio tax, stamp tax etc) and you end up with ridiculously expensive cars and you have no way out because you can't drive an unregistered car and you can't register your car without paying everything you have to pay. Also, the used car imports are tightly controlled to prevent undercutting the local market, to the point that it doesn't make any sense to import. Bringing your car from a neighbouring country is something you can do but for most it doesn't work out because you are limited to 2 years(it was 6 months till a few years ago).
This also inflates the second hand market, often making cars an investment because they barely loose value. Once you buy a car you are in the club now, you drive it for a year or two then sell it at a high price, put a bit more of your savings on top of it and buy yourself even better car.
[0] https://jalopnik.com/why-this-150-000-porsche-costs-600-000-...
When you buy a car in Turkey, on top of the import duties(if any) a SCT is added(anywhere from %45 to %150), on top of that a VAT is added(yes, VAT is calculated over the final price with SCT), on top of that other smaller taxes are also added(radio tax, stamp tax etc) and you end up with ridiculously expensive cars and you have no way out because you can't drive an unregistered car and you can't register your car without paying everything you have to pay. Also, the used car imports are tightly controlled to prevent undercutting the local market, to the point that it doesn't make any sense to import. Bringing your car from a neighbouring country is something you can do but for most it doesn't work out because you are limited to 2 years(it was 6 months till a few years ago).
This also inflates the second hand market, often making cars an investment because they barely loose value. Once you buy a car you are in the club now, you drive it for a year or two then sell it at a high price, put a bit more of your savings on top of it and buy yourself even better car.
[0] https://jalopnik.com/why-this-150-000-porsche-costs-600-000-...