D-4D Invincible
-
£9,495
- Year/Month: 2012/0
- Stock ID: T120771
- Transmission: Automatic
- CC: 3000
- Mileage: 154200
- Fuel Type: Diesel
- 26 Views
There is a great demand for used cars for sale in Malawi because it is a developing African country with a greater population that are facing higher inflation rate and lower income per capita challenges. To be specific, for importing the second hand cars for sale in Malawi, one has to strictly follow different rules and regulations such as one should be very attentive on manufacturing date because there are heavy excise charges and obligatory duties to pay, if the importing vehicle is more than eight years old, in term of manufacturing.
Therefore, to avoid extra or unnecessary financial burden, it is highly advisable for you to contact local cars for sale in Lilongwe Malawi and cars for sale in Blantyre Malawi authorities because, you should know the fact that, model and make year can be different. Hence, you need to have clear information about that for economical imports of second hand cars for sale in Malawi.
How to Import
Alike other countries there is also import regulations to follow to buy cars for sale in Lilongwe Malawi or/and cars for sale in Blantyre Malawi. An importer needs to submit the documents about “Original Commercial or Purchase Invoice, Drivers License, International Insurance Policy, Original Certificate of Title and Registration, Client’s work contract Copy, Original Bill of Lading to verify Engine number, Cubic Capacity and Chassis number, Manufacturing year, brand and model type.”
Need to Heed
The fact is that used cars for sale in Malawi could be costly because of import duties, excise and taxation but the good news is that, Malawi government introduced special subsidized tax rates or import duties for importing second hand cars for sale in Malawi to encourage and ensure progressive business activities. According to the online source, following is the specific breakdown of different duties and taxes for different vehicles. For Used Trucks less than 3 Ton: there is 10% import duty, 5% excise duty and 16.5% VAT. On Used Trucks over 3 Ton, there is 10% import duty, 5% excise duty while for Used Trucks Over 10 Ton, there is 5% excise duty, only. For the vehicles that serve up to 2000cc seating capacity less for than 10 people; the Import Duty is 25%, VAT is 16.5% and Excise is 15%.
For 2000-2500cc seating capacity based vehicles that accommodate less than 10 people; the Import Duty is 25%, VAT- 16.5% and Excise charges at 30% rate. While for 2500-3000cc seating capacity auto that serve less than 10 people, Import Duty is charged 25%, VAT 16.5% and Excise to pay at 40% rate. And for those vehicles that serve over 3000c seating capacity but cater less than 10 people, so the Import Duty is 25%, VAT 16.5% and Excise is 50%. However, it is inevitable to keep fetching updated info about above rates to finalize better decision because authorities have right to change any rate with and without any indication.
Importing Second Hand Cars for Sale in Malawi Is Progressive and Profitable
For business, importing second hand cars for sale in Malawi is progressive and profitable. Because there is the great demand of Japanese used car in Malawian region but because of several factors including the financial one, there is considerable market about cars for sale in Lilongwe Malawi as well as cars for sale in Blantyre Malawi. The local Public seems very interested in branded Japanese cars but Toyota brand is considered as top of the list by the local public. However, there are also reasonable demands for Nissan, Honda, Volkswagen and Suzuki; while Hino and Isuzu are in struggling phases in that country, as targeted search patterns by locals depict.
Cities of Malawi Where UK Cars Are Gaining Popularity
Related Vehicle