You would be wrong. Here in Uruguay, cars are considered "luxury" items, so they carry more than 100% tax.
Example: Nissan Tiida - US price $9900, Uruguay Price $22000.
That makes even old clunkers very valuable. And there's a ban on importing used cars, or doing your own imports (I have campaigned against it, but I'm in the smallest political party in the country, Partido Independiente).
Example: Nissan Tiida - US price $9900, Uruguay Price $22000.
That makes even old clunkers very valuable. And there's a ban on importing used cars, or doing your own imports (I have campaigned against it, but I'm in the smallest political party in the country, Partido Independiente).