How Much Will TOGG’s Price Be After the Latest Updates?

Habertürk writer and journalist Fatih Altaylı recently toured the factory of Turkey's Automobile Initiative Group (TOGG).

Habertürk writer and journalist Fatih Altaylı recently toured the factory of Turkey’s Automobile Initiative Group (TOGG). Having also had an important meeting with TOGG CEO Gürcan Karakaş, Ataylı wrote down what he saw and comments on in his column. While the journalist stated that he liked the domestic car very much, he spoke highly of TOGG.

TOGG Price Forecast Attracts Attention

Fatih Altaylı mentioned the TOGG price in his article in Habertürk. Altaylı stated that after the latest updates and design changes, the cost of the vehicle has reached the level of 40 thousand Euros. The cost statement of Altaylı, who toured the factory with TOGG CEO Gürcan Karakuş, was astonishing. Estimating the cost of TOGG at around 40 thousand Euros (450 thousand TL), the journalist also drew attention to the increase in the Euro exchange rate.

The fact that TOGG has a cost of 450 thousand TL shows that it can reach very high figures when the profit from the sale is also included. The price of TOGG, which has been expected by citizens for a long time and disappointed with its high estimated prices, has become a matter of discussion. If TOGG is offered for sale for a price of approximately 500 thousand TL, then the domestic car may remain a dream for many citizens.

Expectations from the State on Taxation

Stating that the construction of the TOGG factory will be completed in May 2022, Fatih Altaylı stated that he plans to produce more than the targeted production number at the factory. TOGG CEO Gürcan Karakaş said, “I think you will cost this vehicle around 40 thousand euros. It is a competitive price for this quality, but you will lose your competitive advantage with tax.”

Expressing that he has expectations from the state regarding taxation, Fatih Altaylı said, “I believe that the state will do something about taxation. They won’t leave us alone with high taxes. This is a prerequisite for success in the domestic market. Success in the domestic market is a must for the foreign market,” he commented. With such interventions, TOGG is expected to come at a price that can compete in the domestic and foreign markets.

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