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Only a third of newly licensed vehicles are 'new'

Only a third of the newly licensed vehicles last year were new cars, the National Statistics Office said.

In a statement, the NSO said that the stock of licensed motor vehicles at the end of last year stood at 311,947. 76.9 per cent were private vehicles and 15.5 per cent commercial.

New licences issued during the period under review amounted to 4,416.

Private vehicles accounted for 3,556 new licences, or 80.5 per cent of the total. The majority of new licences (1,082) were issued to private vehicles under 1300cc, followed by vehicles between 1801-2000cc (745).

Newly-licensed 'new' motor vehicles amounted to 1,471, or 33.3 per cent of the total, while newly licensed 'used' motor vehicles totalled 2,945.

In the fourth quarter last year, 35 vehicles were exported and 2,606 were garaged. Private vehicles accounted for 49 per cent of the total vehicles garaged.

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Reinhard Azzopardi

Feb 2nd, 10:15

Dead and gone? How do you classify dead and gone? 3 years old with, say, 50,000 miles. that's far from dead and gone!

JJ Debono

Feb 1st, 22:51

Yes true i agree but try and tell this to the wise guys, who are actually interested in making money out of the ordinary Joe in the street, all this nonsence about dirty old cars is a load of shite. i know that-you know that and for sure the wise guys best known as the Maltese jokers know it too well.

JJ Debono

Feb 1st, 19:54

OK fair enough but our Anglo Saxon is being a bit sarcastic don't U think? Sarcasm gets U nowhere, Now read my lips (if U can Johnny Boy - and i say this only once) if U do not like our way of life in Malta or what you see & is not up to your highness standards, ok Luqa is not far, its within east reach to where ever you're dosing down

Ivan Visanich

Feb 1st, 14:27

It's not a matter of owning a BMW or Merc or Jag or a big VW passat but a question of whether you can afford to mantain properly the big UK imported with moonshot mileage bleedn' thing ... With all due respect most of these owners won't even have enough money to buy their daily bread or pay the electricity bill but yet we import,import and import loans one against the other just to impress the neighbours ... just because it's cheap ...

godwin difesa

Feb 1st, 14:24

There is a big difference from a second hand BMW or Mercedes of 3 or 4 years ago than a Skoda or Lada that normal citizen could effort to buy in the 80 s and by the way not all the teenagers after they become 18years most of them still studying could have a second hand BMW that was only in there dream same like you are dreaming for an early election like this it was impossible.

R Bartolo

Feb 1st, 15:11

Yes, all cars on the road, in every country, are 'second hand'. There are no "new" cars on any road anywhere. Including yours, of course. The only thing that matters is the average age of the cars on the road.

William Calleja

Feb 1st, 12:04

Because the maltese public is too busy pointing fingers at each other and fighting over political BS than actually holding policy and lawmakers accountable for the injustices we suffer daily. Now inevitably someone's going to post that colour x or y did it and once against discourse over unfairness will devolve in yet another mindless fight between the partisans. And by fight I mean completely asinine, pointless, childish and self immolating shouting contest.

Stephen Brincat

Feb 1st, 12:33

easy....as our local car agents are well trained to make a good profit margins....even on car parts. Take a quick look and see there newly refurbished showrooms.

Ivan Visanich

Feb 1st, 14:03

@ Stephen Brincat ... Nothing is as easy as you might think it be ... These so called second hand Japan and UK dealers have a lot of profit margin than new car dealers.Parts wise if you compare like with like on the internet i.e. genuine parts with genuine parts the prices are roughly the same,you can't compare the parts prices of an English car in the UK or of an Italian car in Italy.You have to consider the extra VAT and transport charges we pay here ... When it comes to refurbishment of the showrooms that is as per manufacturers instructions.I know what I am saying,I work with a main car dealer , recently the mother company changed the logo and image and wants its dealers worldwide to do the change.For them it doesn't matter that we sell just 150 cars annually against the thousands other countries do,we still have to do it,we have to invest in tools,training,keep the necessary parts etc,etc .. And we do this all at our cost.If cars are still expensive here it's all the governments and the shabby TM fault.Taxes are still expensive here ... The cost price for the vehicle and the margin is the same worldwide ... The tax isn't ... Rather than backing new car dealers making new cars with 0 mileage and Euro 5 more affordable to anyone,we have to bear in mind the many number of persons employed by new car dealers compared to a one man showroom packed with luxury imports ( which then usually refer you to the dealer when the new expensive high mileage cheap car he just sold you would turn faulty ) all the government's main concern is the money he is collecting from registration taxes be it from new or second hand ... No wonder Malta is littered with imports ...

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