The Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) has called for the withdrawal of additional tax imposed on mid-range fossil fuel-powered reconditioned cars in the proposed 2026–27 national budget. The demand was made at a press conference held at Dhaka Club, where BARVIDA President Abdul Haque warned that the increased tax would raise car prices beyond middle-class affordability and put business investments at risk.

BARVIDA stated that the new budget introduces revised engine capacity slabs, raising the overall tax burden on popular fuel-efficient cars from 132.36% to 159.80%. This could increase the price of a reconditioned Toyota Premio by about Tk 300,000 and a Toyota Axio by Tk 250,000. The association also noted that while the government promotes electric vehicles with duty benefits, the lack of charging infrastructure limits their accessibility. BARVIDA urged equal duty benefits for both new and reconditioned plug-in hybrid cars and policy support for fuel-efficient hybrid vehicles.

The association highlighted that the reconditioned vehicle sector represents around Tk 20,000 crore in local investment, generates Tk 6,000 crore in annual revenue, and supports hundreds of thousands of jobs across related industries.