Why are cars so expensive back home?

[Mercury]

Take Hargeisa for example
these 2 cars are high in demand

this Toyota vitz from 2004 being sold anywhere from 3100-4000$

and this mark 2 toyota from 2004

goes for anywhere from 3k to 8k

It wasnt that expensive couple years back but im guessing they have increased taxes on the car or shipping them from overseas

 

[Apollo]

They are imported from Asia. So you are paying for the transport + tariffs as well.

 

[Mercury]

They are imported from Asia. So you are paying for the transport + tariffs as well.

Makes sense but the prices are crazy

 

[Apollo]

Makes sense but the prices are crazy

The entire economics of Somalia/Somaliweyn is weird.

Average wage is a hundred to a few hundred dollars a month, yet the price of a good house is tens of thousands to even 100K.

Western Somalis shouldn't invest in real estate in Somalia. It prices out locals and is bad for their economy.

 

[Jungle]

you can order these second hand toyotas for 600 from nagoya, japan and pay less than the price of the car for port fees and the container individually.

in sl 1 banana is doube the price compared to the muqdisho lol. i feel sorry doe then up there.

 

[TekNiKo]

you can order these second hand toyotas for 600 from nagoya, japan and pay less than the price of the car for port fees and the container individually.

in sl 1 banana is doube the price compared to the muqdisho lol. i feel sorry doe then up there.

You serious? You still gotta pay port fees and AS fee lol. Your fucked either way

 

[Mercury]

The entire economics of Somalia/Somaliweyn is weird.

Average wage is a hundred to a few hundred dollars a month, yet the price of a good house is tens of thousands to even 100K.

Western Somalis shouldn't invest in real estate in Somalia. It prices out locals and is bad for their economy.

the economy is crazy whats even more absurd is that land prices aren't even regulated its more like speculation someone can have a plot land middle of nowhere that he bought for 2k yet demand 30k for it or worse demand 50k cause its other houses nearby

 

[butANumba]

the economy is crazy whats even more absurd is that land prices aren't even regulated its more like speculation someone can have a plot land middle of nowhere that he bought for 2k yet demand 30k for it or worse demand 50k cause its other houses nearby

i like that. A seller will accept any buyer willing to accept their high prices. I think its good for the locals there to take advantage of the diaspora income. At least they go back to earn more while the local is stagnant.

 

[J-Rasta]

It's expensive.

 

[J-Rasta]

To import and the living costs in Somalia.

 

[J-Rasta]

Buying a house is expensive, to buy an empty plot outside the city is expensive.
An acre of farm would melt your brain.
Importing a vehicle cheaper from the country of export , can double or triple or even quadruple the original price.
Car , tractor , truck whatever the prices are even if they are remodified.

Inflated market.
Out pricing the local economy.

 

[Jungle]

You serious? You still gotta pay port fees and AS fee lol. Your fucked either way

port fees are minor I pay no shabaab fee at xamar port and neither does anyone who is certified degaan.

Last time i was in xamar i got about 3 or 4 threats from 'shabaab' on the phone and nothing came of it lol they can suck a d.

 

[Boqorada]

How much do Land Rovers go for?