Vehicles from the UK continue to nibble away at Japanese dominance of the New Zealand used import market.
At the same time, the value of vehicles sourced from the UK is almost four times the value of vehicles sourced from all other countries.
For commercial models, the average cost CIF – Cargo, Insurance and Freight totalled – is $29,477 over 47 vehicles. For buses, the figure is $32,828 over 11 vehicles
This means that while the UK accounted for only 363 used imported vehicles in January, these vehicles amounted to some 25% of the total value of used imported vehicles.
The table below, provided by IMVIA (Imported Motor Vehicle Industry Association) consultant, John R Nicholls, sets this out clearly:
