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Pre-owned car imports up 38%

by Staff reporter
16 Jun 2017 at 08:56hrs | Views
Second-hand vehicle imports through Beitbridge Border Post surged by 38 percent in the period between January and May this year.

The imports had fallen significantly in recent years, with people preferring to use less busy ports of entry like Plumtree, Chirundu and Victoria Falls. Vehicle imports through Beitbridge are processed at Manica and Malindi transit sheds.

On average, a pre-owned car costs $5 000 inclusive of duty. Sources at the border post attributed the surge in vehicle imports to price cuts and the opening up of more car dealerships on the South African side. They said the prices were slashed by almost 30 percent after the dealers noted a decline in sales.

Zimra director for Legal and Corporate Services Florence Jambwa said 90 percent of the imports were from Japan, while South Africa contributed 10 percent.

Source - the herald
More on: #Cars, #Imports, #Zimra