With increase in population in the country, there is an increase in the numbers of people wanting to buy a vehicle. Many people prefer to purchase a used vehicle rather than purchasing a new one as they get a good vehicle at reasonable price. Africa is a leading importer of Japanese used cars and being its country, many vehicles in Zambia are imported from Japan. The roads of Zambia are flourished with used vehicles imported from Japan. It is like a trend in the country to import used vehicles. Japan is known for offering quality used vehicles at practical prices.
Generally used cars imported in Zambia are from Japan, although a small portion of the automobile market is owned by used vehicles imported from countries such as U.S.A., U.K., Singapore, and United Arab Emirates. When compared with the volume of used vehicle making their way to the country, it is quite evident that the economy of Zambia is flourishing. Zambia has seen an increase in companies trading in used cars, mainly Japanese used. Japanese cars are best in quality, technology, durability with great mileage. An advantage of buying a used car from Japan is quality assurance. People prefer to buy Japanese used vehicles as one gets a reliable vehicle at reasonable prices. Japan is prominent for manufacturing good quality used cars at practical prices. On an average, around 180 used vehicles are imported into the country each and every day and mostly are from Japan. Importation of used vehicles in Zambia is quite simple due to low duties. The popularity of Japanese vehicles also makes the easy availability and affordability of spare parts.
The easy importation of Japanese used vehicles in Zambia has made the availability of used vehicles to the average citizen of the country as for many purchasing a new vehicle are still unaffordable for many people. There is no age restriction on age of used vehicles imported in Zambia. Importation of right-hand drive vehicles is allowed, however exception is provided in case of ambulance and fire engine. All Japanese used vehicles imported to Zambia must be JEVIC (Japan Export Vehicle Inspection Center) certified for roadworthiness. Ports for vehicle shipment are Durban port and Dar Es Salaam.
Import Tax rates:-
|CC||Customs Duty||Excise Duty||Surtax Rate||VAT|
|3000 and above||25%||30%||200,000||17.50%|
Being an underdeveloped nation, Zambia doesn’t have much to do with new cars as many people cannot afford to purchase a new car. Japanese auto sale businesses the opportunity to sell thousands of used vehicles to willing buyers in Zambia, where taxes on new vehicles make the price of new cars too expensive for many people. Over the past few years, Zambia has emerged as a major trade center for used vehicle exporters. The country offers very pleasant and business like atmosphere to foreign traders.