Zimbabwe: Second-Hand Vehicle Import Volumes Fall

31 October 2011

Beitbridge — THERE is a huge decline of volumes of imported used cars arriving at Beitbridge Border Post as large stocks that dealers had ordered ahead of the October 31 deadline prohibiting the importation of vehicles over five years are already in the country.

Although the profit margin put on these vehicles is relatively small, players in the motor trade business predicted vehicle prices to come down soon.

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