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So, now some say personal vehicle imports will commence next year, and prices of existing vehicles will drop?· 5 replies
This poses an interesting argument in my head, I'm not in finance, nor banking, nor a car sale guy,
Just a petrolhead from a Healthcare related background.
So to elaborate,
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?
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.
Secondly, now as far as I know, there is no guarantee that the govt. 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.
Could 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?
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?
Lastly I have noticed a heap of good well taken care of cars paraded on marketplace and various websites, thus I guess its either people wanting to shed off luxuries to save their money or people are hoarding cash for a new car.
Feel free to share your opinions, the more the merrier!, and please correct me if I am wrong
I chose the forum here as the crew would be rather mature than get abused on rapid rev.
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