used vehicles
Coverage of used vehicles in the Nexus archive.
- Customs announces lower tariffs on imported vehicles, sets ₦11tn revenue goal
The Nigeria Customs Service has reduced import duties on used vehicles from 15% to 5% and new vehicles from 20% to 10%. The agency also set a ₦11tn revenue target.
- 15,000 used cars get clearance window
The Pakistani government introduced new directives to clear a backlog of 15,000 used cars at ports by accepting Pre-Shipment Inspection certificates from EAA Company and Auto Terminal Pak, while granting a one-time waiver for vehicles shipped between January 2026 and March 2026. Local automotive industry representatives criticized the policy, warning of Rs22 billion in potential losses and safety risks, as well as economic impacts from increased imports.
- Rebuilt cars are cheaper than other used vehicles. But it's buyer beware
Rebuilt cars, which are cheaper than other used vehicles, may offer lower prices due to a 48% increase in used vehicle prices since late 2019. However, auto industry experts warn they carry risks affecting safety and insurance.
- Atlanta car dealer used same scheme as fictional heroine Matilda's father to make his used vehicles more appealing to buyers, prosecutors say
An Atlanta car dealer is accused of using a scheme similar to Matilda's father's fictional trickery to misrepresent used vehicles, according to prosecutors. The alleged practice involved manipulating odometer readings to make cars appear more attractive to buyers.