Thirdly there maybe a possibility where they allow vehicles more than 10y old to be reeled in as well, technically "new" yet old models may find themselves here, how will the market welcome these?
will follow the same taxing system as before the imports were restricted, after all they too have to make a buck, and they too have control the seepage of USD.Ĭould it be just a futile attempt of allowing imports for IMF sake and can they just bottleneck the whole thing with a heap of taxes? Secondly, now as far as I know, there is no guarantee that the govt. Thus the price of these New vehicles will be unfathomable for the average joe as after all its paid for in such USD? maybe the first few imports may cost less due to the rate.
Hypothetically say imports were allowed, empirically the USD will shoot further-it will be a catastrophic claim where the poor would say, the rich took our USD to bring cars and now we gotta pay 2000 bucks to buy milk? Just a petrolhead from a Healthcare related background.
This poses an interesting argument in my head, I'm not in finance, nor banking, nor a car sale guy, So, now some say personal vehicle imports will commence next year, and prices of existing vehicles will drop?
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