Car prices to go down after ‘asempa’ budget

Business News of Thursday, 9 March 2017



Cars Missing Newfile photo

Prince Kumi, a popular car dealer at Bekwai Roundabout in Kumasi, has revealed that the prices of second-hand vehicles would go down significantly owing to the removal of taxes on the importation of automobile spare parts into Ghana.

Mr. Kumi, aka ‘Maxi,’ explained that Ghanaian car dealers usually buy auction vehicles, which have been involved in accidents from US and other countries.

He said the car dealers buy spare parts, which are very expensive, to decorate the cars that have been shipped to Ghana.

Maxi said “the prices of cars will go down, because we will no longer buy spare parts at exorbitant prices as we used to do.”

The car dealer therefore showered praises on President Nana Addo Dankwa Akufo-Addo and his government for addressing the concerns of the citizenry.

According to him, it takes a president who has the wellbeing of his people at heart to abolish taxes on spare parts.

Maxi observed that President Akufo-Addo has good intentions of developing Ghana to make the people comfortable.

In this regard, he charged the citizenry to wholeheartedly support the NPP administration to implement its policies to effectively develop the country.

He stated that President Akufo-Addo has almost fulfilled all his campaign promises in his maiden budget “and that shows he is determined to lead Ghana into affluence.”

Maxi was part of the people who used their resources to support the NPP to defeat the NDC during the 2016 elections in the Ashanti region.