Friday, 24th October 2008 - 11:23CET
Number of newly-licensed vehicles grows
The number of licensed motor vehicles rose by 2,235 in the third quarter of 2008, to stand at
294,155, the NSO said today. Of these, 75.8 percent were private vehicles while commercial vehicles accounted for 16.3 percent
The NSO said 3,501 vehicle licences were issued in the third quarter of 2008 compared to 3,240 in the same period last year and 3,430 between July and September 2006. That included 1,851 licences for new vehicles, just two more than in the same period lastyear.
In the third quarter of 2008, 32 vehicles were exported and 697 were scrapped.
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Comments
1. Us Maltese suffer from the 'mine is better than my neigbour' syndrome. Have you ever noticed that every new car on the market quickly appear in substantial numbers on the street? And I dont mean just the cheap cars here. Convertibles, sports cars, etc.
2. Arrogant bus drivers dont do any favours to public transport.
3. Mega rich taxi drivers owning Lm40,000 BMW's & Merc's charge astronomical rates and drive like maniacs.
4. Lets face it. Its not just the small cars that we see on our roads. Abundant above average cars on the road says much about our spending power, whatever people say.
Well, a Eur 3000 discount on a car costing Eur 16000, is quite a sum...it's 20%!..And please remember that this is a small car, which for a family of 4 might be too small.
However, the Eur 16,000 is already high in the first place. Consider the Yaris 1.3 T3 3dr.
In the UK, this model costs around STG 10,800, ie approx. Eur 13,400. Locally, this costs around EUR 17,500!
Consider another car...the Fiat 500. The starting price in the Uk (POP 1.2 including A/C, to compare like with like, as the rest of the specs are identical to the local model) is STG 8,600, ie EUR 10,700.
Locally, the starting price for this car is EUR 17450!!!!!!.. and then they blame it on the registration costs!!!!
U Hallina!
"Mux bil-fors...consider that a Totota Yaris imported from Japan sells for around Eur 13,000. The local importer sells the car for around Eur 16,000..."
If the prices you quoted are correct, I wouldn't buy a 2nd hand car for only Eur 3,000 less. I would expcet that a 2nd hand car would be much cheaper than that!!!!
Do some research on second hand cars sold in EU. You can get a good car within the range of 7,000 to 10,000 euros. Due to registration taxes on such cars, it is non-feasible to import one.
For the majority of Maltese, it is a big deal to buy a brand new or second hand cars. For other EU countries changing cars is a norm.
@Ivan Galea 100% agree.
Well maybe Malta will appear on another hit list - "The most" or "The least".....
The discounts that car importers seem to be donating to the "purchaser" (usually ranging from Eur 500 to around Eur 2,500) due to eco friendly cars or for whatever lame excuse the importers wish to have us believe, equates to the cash discount that all dealers have been giving to anyone who would haggle during the point of sale - no more, no less.
Ara ma noqodux nahsbux li nizla xi manna mis-sema, jew li qed johorgu b'xi telf!
The 'slowdown' attributed to the forthcoming registration tax was a fat lie! Joe Normal is well aware that the cost of car prices will remain unchanged after the budget, whatever the new registration tax the government will implement!
If importers experienced a slowdown, this may be due to the increased number of second hand cars being imported from Japan and Europe.
Mux bil-fors...consider that a Totota Yaris imported from Japan sells for around Eur 13,000. The local importer sells the car for around Eur 16,000...