Shastri Boodan
Lowering the age limit on imported gasoline-powered vehicles from three years to six is one of the most significant measures in the 2025–2026 national budget, according to the Trinidad and Tobago Automotive Dealers Association (TTADA). President Visham Babwah says the move will reduce vehicle prices, save foreign exchange and fuel, and bring more affordable options back to the market.
Citing an example, Babwah said the Nissan AD Wagon was in high demand until production ended in 2024, but dealers can now import the vehicle at substantially lower prices. He noted it operates on super gasoline and is not a hybrid or electric model. He added there are many other similar vehicles—such as the Toyota Probox, Toyota Axio and Honda Civic—that can now be accessed more easily.
“I believe that the last PNM administration was deceiving the public, using an inflated budget supported by heavy taxation from which only a handful benefited through government contracts,” Babwah said. “If revenues are managed and nepotism is cut off, the country can have a budget of $59 billion.”
He said the reinstatement of taxes on luxury electric vehicles would not affect lower and middle-income earners. “I believe the average man stands to benefit from this budget, whereas in the past the upper class reaped the rewards of taxing the poor,” Babwah said.
He also supported the proposed Landlord Tax, saying, “People who earn should pay and not dodge the system, once our tax dollars are being used wisely.” Babwah added that the increase in the CESS fee at the port was not substantial enough to cause any price rise.