For the first time since 1959, Cubans can now buy new and used cars

January 8, 2014

Business, International

For the first time since 1959, Cubans can now buy new and used cars

New and Used cars for sale in Cuba

BBC News

Cubans are now able to buy modern cars freely for the first time since the revolution in 1959.

Previously, Cubans had to get a government permit to buy new vehicles. That requirement has now been abolished but only a minority will benefit.

The state has a monopoly on new car sales and is marking up prices by 400% or more, so few people can afford them
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Video: Cuba lifts decades old ban on new car sales

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Video: BBC News Cuba relaxes law on buying cars

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Video:used Toyota Corolla costs nearly $40,000 in Cuba

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Cuban Car Prices

Cuban Car Prices

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