Santo Domingo.- The used auto importers grouped in the Asocivu) on Monday said vehicle imports have fallen in the first six months, which in their view significantly affects the sector.
Asocivu president Jose Nina said dealers have imported only 1,133 autos during the first half, a decline he affirms has been occurring since 2010. “In that year our associates imported 5,369 vehicles and 4,781 in 2011."
He said the dealers promote meetings with the imports sector aimed at getting the 5-year limit ban lifted, by brining vehicles into the country in excellent conditions, at a low cost.
They also ask to be allowed to import 10 year-old vehicles and lower taxes."To buy a car of 200,000 peso a person has to buy a heap someone else has left or one which has passed through more than 10 owners. However if we are we allowed to bring 2002 autos, 2003, until 2005, in excellent condition and certifications, this will improve."
Nina spoke in a press conference to announce the Father's Day Vehicle Fair, to be held July 26 to 30 at Ciudad Ganadera fairgrounds.
Written by: josean, 9 Jul 2012 1:23 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
I agree lift the Ban!
They are regressive and punitive measure especailly on the embryonic Dominican Middle Class!!
The quality and durability of cars, almost across the board for all brands, have improved dramatically, evidenced by the comprehensive extend mileage warranties most manufactures are offering.
A well maintained 10 year old car now a days is probable better than a NEW car of 80 or even 90’s vintage!
Written by: anthonyC, 9 Jul 2012 1:39 PM
From: United States
Funny how Josean is for lifting the ban when the PRD is notorious for banning imports!
Remember when Jorge Blanco banned almost everything? Before he was arrested of course.
Written by: generoso, 9 Jul 2012 1:45 PM
From: Dominican Republic, United States
No to allowing old jalopies into the country. Dealers already import high lineage vehicles and tamper with the mileage, to continue defrauding consumers.
Old cars are a burden to the environment, need importation of more spare parts and stress our balance of payments deficit, needing more dollars for repairs.
A simpler measure would be to remove the arbitrarily placed and illegal tax for the first placa, that was imposed by ADUANAS as a mockery of the Cafta agreement that removed taxes from US built cars.
Written by: josean, 9 Jul 2012 1:55 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"Written by: anthonyC, 9 Jul 2012 1:39 PM
From: United States
Funny how Josean is for lifting the ban when the PRD is notorious for banning imports!
Remember when Jorge Blanco banned almost everything? Before he was arrested of course."
Here I thought you were a Free Market Guy let the consumer decided and all the Jazz now you opt for protectionism.
From: United States
How can this car dealers stay in bussines , gallon of regular gasoline 5.00 dollars , and they have to paid itbs, ad baloren , insurance / registration , a 7 years old car made sense , on tax , the goberment. Have to eliminate the famos ITBS for car coming from USA ,,, remember the free trade is only in paper as far as I know.
Written by: josean, 9 Jul 2012 1:56 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"No to allowing old jalopies into the country."
However if we are we allowed to bring 2002 autos, 2003, until 2005, in excellent condition and certifications, this will improve."
From: Dominican Republic, North Coast
Seriously, I just don't get this idea about changing years to improve imports. Puerto Plata alone has opened over 15 new locations in the last year alone that are loaded with every type and size of car. I just returned over this past weekend in Moca to negotiate buying another car. The dealers lots are overflowing there as well. I spent 3 hrs in two popular lots and didn't see one other person looking to buy a car. What gives with this idea when the market is saturated with inventory, and prospective buyers are not to be found. Just my opinion, they should be looking at why many Dominicans, as well as gringos are selling their cars for various reasons which are effecting their sales vs. previous years.
Written by: anthonyC, 9 Jul 2012 2:30 PM
From: United States
Josie I never said I was in favor of the ban (Even though you wish I had).
I was just pointing out your hypocrisy. The PRD is the party of stupid, protectionist party and for you to criticize the PLD for the same thing is just another glaring example of it.
Now comes the infantile, personal insult in retaliation.
Written by: bernies, 9 Jul 2012 2:35 PM
From: United States, key west fl
We have enough cars in the country already and enough car dealers all over the country taking the sidewalks that people can't no longer walk safe anymore.
Why are more and more car dealers coming in every corner and sidewalks.
Written by: telemeco, 9 Jul 2012 3:04 PM
From: Dominican Republic, Monte Plata
You can thanks the KIOTO Treated if you cant import your 10 year old car from the state to DR
Written by: josean, 9 Jul 2012 3:21 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"Now comes the infantile, personal insult in retaliation."
I would never tread in your Domain!
Written by: generoso, 9 Jul 2012 4:15 PM
From: Dominican Republic, United States
The used car bonanza days are long gone now and they will never return. The favorite method of money launderers in the US to purchase a used car cash in the US, sent it to the DR, and presto, the dirty money has been laundered and made legal.
Car dealers are packed with used cars imported because of this, and the DR car buyers power of acquisition has gone dry, with the slow, over burdened, and over taxed economy and aura of uncertainty prevailing nowadays.
The astronomic high interest rates on used cars surely are no help to the buyers, as well as the high import taxes already paid, raising the car prices, to an even more unreachable level to the average middle class consumers.
Written by: josean, 9 Jul 2012 4:40 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
"astronomic high interest rates"
That is 75% of the Problem!
From: United States
Stiviewonder this is what is All about Place your opinions is nothing personal but I asure you there are people from the goberment reading. This kind of topic everyday. On your comment cud' be that the prices of gasoline , the insurance , the traffic lights , the pad hole on the street are taking a tall for everybody..... I was there in June santo dogo, and go to this lot asking for a 2005 Nissan Murano , the dealer ask me for 695,000 pesos if you bring this at today dollars is about 17.200 dollars , Here are some of the cause
From: United States
says steviewonder
. What gives with this idea when the market is saturated with inventory,
the word is ¨oversaturated¨, in the case of the DR market.there should be a one year moratorium on the importation of cars. just too much inventory.
Written by: abc200, 9 Jul 2012 7:36 PM
From: United Kingdom, Dominican Republic
Too many cars, too cheap, too many traffic jams, not enough buses, no trains, fuel too cheap. In Singapore and parts of China one enters a lottery to be allowed to buy a car - and of course in Singapore a car costs many time the DR price.
If the DR wants success stop importing cars for some years and spend on education, water systems, health services, good food etc.
S..
Written by: jhcl2012, 10 Jul 2012 2:48 AM
From: United States, PA - Mas pa'lante, ¡Manos a la obra!
Always amazed how "educated" people want a Third World country to offer a First World interest rates!
Jajajajjaa.... bobosos... muy bueno comentar "M" sin arriesgar na'!
PPHachuno J, mamate el de'o gordo de consuelo!
Written by: generoso, 10 Jul 2012 7:21 AM
From: Dominican Republic, United States
jhcl2012
Would you please explain how excellent credit rated citizens in "third world countries" (and the dare to classify the DR as a "third world country", could be considered an insult to Dominicans) are a greater lending risk than the same in first world countries, and therefore should be charged high usury interest rates?
The floor is yours......
From: United States
To jhcl2012: I guess you have all the answer about this soject let us know please, and by the way have you ever used a credit card in DR...... ........ Let's remember when people talk goberment listen even in DR , when somebody don't used force to bring there point across that is what should do , wright and talk about it.....
From: Dominican Republic
Cars normally retired to the junkyard in the states are still being kept on the road here and held together with duct tape and sold for big bucks in the resale market because new cars are so expensive and bad financing terms.
Written by: abc200, 10 Jul 2012 3:19 PM
From: United Kingdom, Dominican Republic
Repair mechanics are kept in a job and precious foreign exchange is saved. Everyone wins. Financing terms are useful instrument to control entirely unnecessary growth of vehicle fleet. More buses and railways are number one priority - not importing cars to make traffic jams.
S.
From: United States
there is nothing wrong with importing a 10 year old auto into the country. There are so many wrecks being resold here for top dollar it is ridiculous. The 2003 Toyota Camry with 70 or even 90 thousand miles in much better condition than the same car imported into the country when new. People repair the cars and replace the tires, brakes and simple items like wider blades. I recently rented a Avis can with warped brake rotors, bad wipers and a engine idle problems
Written by: jhcl2012, 11 Jul 2012 2:17 PM
From: United States, PA - Mas pa'lante, ¡Manos a la obra!
@Generoso,
Cannot just pick the "good ones" to apply interest rates to all ciudadanos.... Much easier to hide your assets/cash from the banks in Third World countries.
Just imagine Banco Popular chasing Josean's furnitures in El Barrio Respaldo La Cienega Parte Atras, callejon Los Cagao piesa #4c (arriba) Derrubandero Abajo!
Ni los perros ladran pa' que no los detecten y se los coman!
:-D
Written by: jhcl2012, 11 Jul 2012 2:22 PM
From: United States, PA - Mas pa'lante, ¡Manos a la obra!
@josearias,
Yes and yes.... but prefer to use my DR debit card (no longer using the PIN; BPD is changing to "signature" instead of the PIN from their debit card.... BPD is making it easier for other to use (rob you) your debit card.... At least before el ladron had to punch the pin in...
Algo mas?
;-)
Written by: josean, 11 Jul 2012 2:34 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
jhcl2012,
Does your mother take debit cards MORADITO!
Written by: jhcl2012, 11 Jul 2012 3:09 PM
From: United States, PA - Mas pa'lante, ¡Manos a la obra!
@Josean,
Si vamos a lo personal, answer is "no", pero la tuya te acepto que tu le pagara con la "La Morena" que te dio Hipolito.
..... "los perros son asi"...
(';')
Written by: josean, 11 Jul 2012 3:13 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016
¡Si te Picas es Porque Ají Comes, Come-solo!
Written by: abc200, 11 Jul 2012 3:20 PM
From: United Kingdom, Dominican Republic
Easy credit for cars is also a problem. At least a 50% deposit handed over 3 or more months before delivery and a tax on the credit could be considered
Those in the car trade would do well to consider getting a productive job. Maybe selling bicycles and laying cycle tracks.
S.
Written by: abc200, 11 Jul 2012 3:20 PM
From: United Kingdom, Dominican Republic
Easy credit for cars is also a problem. At least a 50% deposit handed over 3 or more months before delivery and a tax on the credit could be considered
Those in the car trade would do well to consider getting a productive job. Maybe selling bicycles and laying cycle tracks.
S.
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I agree lift the Ban!
They are regressive and punitive measure especailly on the embryonic Dominican Middle Class!!
The quality and durability of cars, almost across the board for all brands, have improved dramatically, evidenced by the comprehensive extend mileage warranties most manufactures are offering.
A well maintained 10 year old car now a days is probable better than a NEW car of 80 or even 90’s vintage!
Remember when Jorge Blanco banned almost everything? Before he was arrested of course.
Old cars are a burden to the environment, need importation of more spare parts and stress our balance of payments deficit, needing more dollars for repairs.
A simpler measure would be to remove the arbitrarily placed and illegal tax for the first placa, that was imposed by ADUANAS as a mockery of the Cafta agreement that removed taxes from US built cars.
"Written by: anthonyC, 9 Jul 2012 1:39 PM
From: United States
Funny how Josean is for lifting the ban when the PRD is notorious for banning imports!
Remember when Jorge Blanco banned almost everything? Before he was arrested of course."
Here I thought you were a Free Market Guy let the consumer decided and all the Jazz now you opt for protectionism.
"No to allowing old jalopies into the country."
However if we are we allowed to bring 2002 autos, 2003, until 2005, in excellent condition and certifications, this will improve."
I was just pointing out your hypocrisy. The PRD is the party of stupid, protectionist party and for you to criticize the PLD for the same thing is just another glaring example of it.
Now comes the infantile, personal insult in retaliation.
Why are more and more car dealers coming in every corner and sidewalks.
"Now comes the infantile, personal insult in retaliation."
I would never tread in your Domain!
Car dealers are packed with used cars imported because of this, and the DR car buyers power of acquisition has gone dry, with the slow, over burdened, and over taxed economy and aura of uncertainty prevailing nowadays.
The astronomic high interest rates on used cars surely are no help to the buyers, as well as the high import taxes already paid, raising the car prices, to an even more unreachable level to the average middle class consumers.
"astronomic high interest rates"
That is 75% of the Problem!
. What gives with this idea when the market is saturated with inventory,
the word is ¨oversaturated¨, in the case of the DR market.there should be a one year moratorium on the importation of cars. just too much inventory.
If the DR wants success stop importing cars for some years and spend on education, water systems, health services, good food etc.
S..
Jajajajjaa.... bobosos... muy bueno comentar "M" sin arriesgar na'!
PPHachuno J, mamate el de'o gordo de consuelo!
Would you please explain how excellent credit rated citizens in "third world countries" (and the dare to classify the DR as a "third world country", could be considered an insult to Dominicans) are a greater lending risk than the same in first world countries, and therefore should be charged high usury interest rates?
The floor is yours......
S.
Cannot just pick the "good ones" to apply interest rates to all ciudadanos.... Much easier to hide your assets/cash from the banks in Third World countries.
Just imagine Banco Popular chasing Josean's furnitures in El Barrio Respaldo La Cienega Parte Atras, callejon Los Cagao piesa #4c (arriba) Derrubandero Abajo!
Ni los perros ladran pa' que no los detecten y se los coman!
:-D
Yes and yes.... but prefer to use my DR debit card (no longer using the PIN; BPD is changing to "signature" instead of the PIN from their debit card.... BPD is making it easier for other to use (rob you) your debit card.... At least before el ladron had to punch the pin in...
Algo mas?
;-)
jhcl2012,
Does your mother take debit cards MORADITO!
Si vamos a lo personal, answer is "no", pero la tuya te acepto que tu le pagara con la "La Morena" que te dio Hipolito.
..... "los perros son asi"...
(';')
¡Si te Picas es Porque Ají Comes, Come-solo!
Those in the car trade would do well to consider getting a productive job. Maybe selling bicycles and laying cycle tracks.
S.
Those in the car trade would do well to consider getting a productive job. Maybe selling bicycles and laying cycle tracks.
S.