USED cars are sold through a variety of outlets, including franchise and independent car dealers, auctions. But private party sales are facing tough going.
The business enshrine in the last one decades after economic liberalization to now put the number of cars in the road to over 1.2 million, hangs on balances. The ‘Daily News’ spot survey reveals out that the second-hand auto dealers are facing tough times pushed by the shilling depreciation and high import duties to drive car prices out of customers’ affordability.
The dealers, estimated between 70 and 100 in Dar alone, are also concerned about the taxmen–Tanzania Revenue Authority (TRA)–phenomenal of uplifting prices despite the fact that the values are posted on the most international dealers websites.
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