New rule in New Zealand may double prices of imported used cars
Proposed restrictions by government of New Zealand on used car importers will increase 50% and have no positive environmental benefit, says IMVDA car importers association, chief executive David Vinsen.
The draft emission rule announced recently by the Associate Minister of Transport will immediately restrict used car imports, reducing availability and choice of cars, 4WDs and commercials and a 50% cut of up to 95% of used commercials, and a 50% cut in total import numbers causing a huge increase in the cost used vehicles.
The replacement for a basic used import car that now sells for $9,000 to $10,000 will be costing $15,000 to $16,000.
Used trucks will double in price. Buyers in New Zealand will not be able to easily upgrade to newer imports, and will have to keep their current vehicle for longer. The national vehicle fleet will, as a result, be older and generate more pollution.

