In theory, free trade agreements benefit the end-users of consumer products since these can cross borders without duty being levied on them.
That's how the Ford Territory and the Mazda CX-9 came to Thai shores, two SUVs with price tags circa 3.5 million baht which undercut the seven-seat counterparts offered by the likes of Audi, Land Rover and Volvo.
But that's only the tip of the iceberg. Operating outside the ambit of the World Trade Organisation, there's another layer of automotive taxation imposed by Thailand's Excise Department.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.