KARACHI: Government reduces age limit of used cars’ imports from 5 years to 4
Importers and dealers of used cars have blamed local automobile industry for spreading propaganda against them to reduce the depreciation limit up to four years.
All Pakistan Motor Dealers Association (APMDA) has sent a letter to the prime minister in response to recent government action, demanding to revert back the decision and allow the imports of up to five-year-old used cars.
With reducing the age limit, the imports of cars will be slowed down sharply and the prices of available cars will be increased by Rs 60,000 to Rs 260,000 on models from 600cc to 1800cc.Read More »KARACHI: Government reduces age limit of used cars’ imports from 5 years to 4