By Excitement is building in Sri Lanka’s vehicle market following the government’s decision to lift the long-standing import ban. While concerns over affordability remain, the affluent are undeterred, rushing to secure the latest models. Yesterday, Toyota set the tone by announcing its new price list, and today, other major importers have followed suit.
United Motors Lanka PLC has now unveiled the updated prices for its Mitsubishi lineup, reflecting the new tax regime, exchange rates, and government levies—though these figures exclude the 18% VAT.
Mitsubishi Prices in Sri Lanka
Mitsubishi Attrage – Rs. 11.23 million + VAT
Mitsubishi Xpander – Rs. 14.99 million + VAT
Mitsubishi Xpander Cross – Rs. 16.1 million + VAT
Mitsubishi Outlander Sport – Rs. 15.675 million + VAT (starting price)
Mitsubishi Eclipse Cross – Estimated Rs. 19 million + VAT
Mitsubishi L200 – Rs. 18.135 million + VAT (starting price)
Mitsubishi Montero Sport – Rs. 49.58 million + VAT
More shipments are on their way, further fueling anticipation among eager buyers. Despite soaring prices, demand remains high, particularly among those with the means to make luxury purchases. Auto dealers anticipate a surge in sales, especially in the premium segment, as car enthusiasts celebrate the return of new imports.
As the market adapts to the revised tax policies and exchange rate fluctuations, it remains to be seen how the broader public will react. For now, the auto industry is basking in the excitement, and all eyes are on the next wave of vehicle price announcements.
