SANTO DOMINGO.-The president of the auto dealers grouped in Anadive Wednesday said vehicle sales have plummeted as much as 30% compared with last year, and announced a fair at the end of the month aimed at jumpstarting their businesses.
Cesar de los Santos said the global economic crisis is to blame, but their association will look for ways to motivate his associates, including the fair, “with very attractive interest rates on new and used vehicles,” he affirms will be cheaper than previous years, on minimum profit.
He said their sector must look for ways for the organization’s members to subsist, adding that they expect a boost in sales with the fair, slated from November 23 to 28 in the Fairgrounds, where more than 50 dealers present, and at least 12 banks taking part.
From: Dominican Republic
Check with Leonel, After all he stated that the Domincan Republic was immune to external forces. What a laugh this guy is.
Written by: xwill7, 10 Nov 2011 12:41 PM
From: United States, El cuarto bate
I have seen more cars from USA in DR than ever before. I think that people are shipping because when you ship your car from USA, at least you know the history if it was your vehicle for many years.
Written by: generoso, 10 Nov 2011 1:02 PM
From: United States, Quisqueya
According to the Cafta agreement US made cars imported into the Dominican Republic are tax free.
What they do pay to customs is about 20% ad valorem is for the first tag, which increases the cost over the tax exemption but still is a "palo asechao" to the consumers, as this measure was not contemplated when the Cafta treaty was signed with the USA.
If you want to save money import a US made car (could be Japanese or German company but made in the USA) and be sure to get the 3 or 4 beginning chassis numbers that DR aduana will furnish you as a guide.
Written by: Mart1n, 10 Nov 2011 4:59 PM
From: Dominican Republic, North coast
The roads in the countryside are terrible, the price of gas is high, there is no money and they wonder why they can't sell cars
Written by: xwill7, 10 Nov 2011 5:04 PM
From: United States, El cuarto bate
martin,
That is where the fun is... 4x4 in the mountains!
Written by: okian, 10 Nov 2011 6:14 PM
From: United States
With prices of everything constantly rising I believe it's getting harder and harder to just put food on the table let alone buy a car. I'm sure the percentage of those even able to buy a car, especially a new one, is low and going lower all the time.
From: United States
I will never buy a car here. Too much money going into corrupt hands for nothing. I use public transportation in Santiago but I do own a car in the US. Much cheaper than having one here. Its actually much cheaper for me not to own one and use other modes of transportation.
Written by: xwill7, 10 Nov 2011 10:06 PM
From: United States, El cuarto bate
Who the heck wants to be in the hands of public transportation???
Written by: RoyStone, 10 Nov 2011 10:31 PM
From: Australia
Can anyone here explain to me why second-hand cars are so expensive here?
From: United States, In the place to be
No querian Pan? Come Lamborghini.
No querian sobuey? Come Ferrari.
No querian playa? Ahoguense en deuda.
From: United States, In the place to be
Written by: foresthill, 10 Nov 2011 12:23 PM
From: Dominican Republic
Check with Leonel, After all he stated that the Domincan Republic was immune to external forces. What a laugh this guy is.
foreshill: as the saying goes "no man is an island".
In the case of Fdz. Reyna, no island is immune to global economic woes. Didn't he spearhead the Globalist agenda to its max? Well, now that you've integrated the nation into a global interdependent system; Can you expect only to take advantage of the bennies, and not suffer the repercussions? It's a two edged sword, cuts both ways. Cut you some slack, or cut your head off. No middle ground, my man prez. If you run with the big boys you can expect to get run over?
From: United States
Globalization SUCKS, the poor people get badly screwed, while a few get super rich...
No wonder they pushed the hard for the globalization agenda............
From: Dominican Republic
If interests rates were more reasonable and a "cash for clunkers” type program were explored it might stimulate sales.
Written by: RoyStone, 11 Nov 2011 9:57 AM
From: Australia
Why would you buy a shiny new car here?
Get rear-ended by an old, unregistered bomb driven by a drunk, unlicensed driver and you pay for your repairs as well as his, regardless of who is in the wrong. That's Dominican Socialism, folks!
From: Dominican Republic, vieja Santo Domingo
Why would anyone buy a second hand car that has been over all the bad roads here and driven by an apprentice Formula 1 driver and never serviced,,,far better to buy a new car from the US so you know what you are getting and the 5 year guaranteed are great
Written by: RoyStone, 11 Nov 2011 3:03 PM
From: Australia
Ricardolito,
very valid point, however it does not explain why old cars are so expensive here. In USA or Australia you would need to pay someone to dispose of what many people here pay good money to own and drive.
Maybe it has something to do with the fact there is no requirement that a car be roadworthy before allowing it on the road. You die on the roads because Jesus decides it is your turn, rather than because you are driving a death-trap amongst other idiots.
Written by: josean, 11 Nov 2011 9:21 PM
From: United States, Show your Love for DR Vote AGAINST the PLD!
Stop complaining and ride the METRO!
It solved our transportation problems and decongested Santo Calcutta!
Written by: Grullone, 13 Nov 2011 8:54 PM
From: United States
Only narcos and politicians can afford those prices.
From: United States
now how is the one to be blame ah....... cost of a gallon of gasoline, 6.25 dollars. 2nd the streets are a mess . 3rd political corruption at his highest ever . and no real jobs, worker at any free zone get paid about ..200 dollars a month. how can you sell any cars. not avery body is a baseball player making millions.or well paid. ONLY CORRUPTION CAN BUY THOSE CARS. ( POLITICIAN, SOME POLICE OFFICER , AND DRUGS DEALER.) ANYBODY ELSE IN HIS RIGHT MINE DON"T BUY A CAR IN DR. WHIT THOSE PRICES. HELLO. . FORD EXPLORER 2010 ..... 40,000.... DOLLARS USED CARS. C"MAN
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According to the Cafta agreement US made cars imported into the Dominican Republic are tax free.
What they do pay to customs is about 20% ad valorem is for the first tag, which increases the cost over the tax exemption but still is a "palo asechao" to the consumers, as this measure was not contemplated when the Cafta treaty was signed with the USA.
If you want to save money import a US made car (could be Japanese or German company but made in the USA) and be sure to get the 3 or 4 beginning chassis numbers that DR aduana will furnish you as a guide.
That is where the fun is... 4x4 in the mountains!
No querian sobuey? Come Ferrari.
No querian playa? Ahoguense en deuda.
From: Dominican Republic
Check with Leonel, After all he stated that the Domincan Republic was immune to external forces. What a laugh this guy is.
foreshill: as the saying goes "no man is an island".
In the case of Fdz. Reyna, no island is immune to global economic woes. Didn't he spearhead the Globalist agenda to its max? Well, now that you've integrated the nation into a global interdependent system; Can you expect only to take advantage of the bennies, and not suffer the repercussions? It's a two edged sword, cuts both ways. Cut you some slack, or cut your head off. No middle ground, my man prez. If you run with the big boys you can expect to get run over?
No wonder they pushed the hard for the globalization agenda............
If interests rates were more reasonable and a "cash for clunkers” type program were explored it might stimulate sales.
Get rear-ended by an old, unregistered bomb driven by a drunk, unlicensed driver and you pay for your repairs as well as his, regardless of who is in the wrong. That's Dominican Socialism, folks!
very valid point, however it does not explain why old cars are so expensive here. In USA or Australia you would need to pay someone to dispose of what many people here pay good money to own and drive.
Maybe it has something to do with the fact there is no requirement that a car be roadworthy before allowing it on the road. You die on the roads because Jesus decides it is your turn, rather than because you are driving a death-trap amongst other idiots.
Stop complaining and ride the METRO!
It solved our transportation problems and decongested Santo Calcutta!