Prices of used cars expected to increase in next budget
The 2024-25 budget is likely to introduce notable changes in the pricing of used vehicles in Pakistan due to a proposed increase in regulatory duties. Sources suggest a 30% hike in regulatory duty on vehicles over 1800cc, which may result in increased costs for imported used cars. According to reports,
Imported used car market surges to 28,000 units
WEB DESK: Local automakers in Pakistan struggle despite price reductions, registration incentives, and auto financing options. Meanwhile, the imported used car market is booming. Surge in Used Car Imports H.M. Shahzad, Chairman of the All Pakistan Motor Dealers Association (APMDA), revealed that 28,000 used cars were imported during the July-May