Advertisement

Auto dealers predict fall in car prices with increase in age limit for imported vehicles

Auto dealers are predicting a fall in car prices with the new age limit for the importation of vehicles to Jamaica.
 
The Trade Board on Thursday announced the limit has increased from five to six years.
 
Lynvale Hamilton, President of the Jamaica Used Car Dealers Association, said car buyers will benefit as more low cost vehicles will be available.
 
Effective January 1, dealers and individuals will still be able to import 2014 sedans and station wagons. 
 
The limit for small trucks, panel vans and window vans has increased from six to 10 years. 
 


comments powered by Disqus
More Stories
Most Popular
NCB now allowing users to open investment...
Margaritaville Turks reports increase in...
US, China sign trade deal