People advised to be vigilant when buying second hand vehicles

Tujoromajo Kasuto People have been advised to be cautious when purchasing older models of vehicles, as they may have technical problems.This comes in the wake of the Ministry of Industrialisation, Trade and SME Development allowing the import of vehicles older than 12 years, increasing the year limit from the current eight years. Theo Klein, economist at Simonis Storm Securities, praised the ministry for this initiative, which aims to address the vehicle shortage in the secondary market, which the firm has discussed in previous reports. He, however, emphasized the buyers may experience increased likelihood of mechanical issues with older models of…