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Cars in Tunisia are among the highest priced in the world. Tunisians are paying almost twice the market value for a used car. We dive into why cars in Tunisia are so expensive.
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This is brilliant - Tunisia has remarkably expensive cars - with second hand cars costing twice the market price in the United States. The reason? Taxes. There are import taxes, consumption taxes and value-added taxes, so that more than 50% of the price of a car is tax - with a second-hand Ford that would cost $3,000 in the US, costing $7,500 in Tunisia.
As a result, a couple of local entrepreneurs came up with an entrepreneurial solutions - making local cars with a fibreglass body - although even then at $13,000 it's not affordable for the average Tunisian.