Ad Blocker Detected
Please, may you disable your ad blocker. Refresh page to continue
Malawi used cars market stocks hundreds of best selling car models. Importing used cars from Japan to Malawi is now easier than it were ten years ago. Thanks to Japanese car dealers who have penetrated the used cars market in Malawi. Malawians now have the luxury to buy used cars online and wait for the vehicles to be shipped to them. One of the best car dealers where people cheap used cars in Malawi is BeFoward Malawi
While the process of importing used cars may be easy for people who are experienced in the industry, to the person who is to import a car for the first time the process may look scary. Security is the concern of many people who want to buy cars online. Everyone is scared to lose their hard-earned cash.
Importing cars to Malawi has one main advantage over buying the same type of car locally. The advantage is that when you import a car directly from overseas the cost is cheaper than if you buy the same vehicle with the same condition in the country. Who doesn’t want to save some money when buying vehicles? I guess none.
Read: How to start Importation Business in Malawi
Requirements to import and buy used cars in Malawi
The obvious requirement is to have enough cash ready for the vehicle of your choice.
Additionally, you should have the details or specifications for the kind of car you want to buy.
Know the car specifications such as engine size, model of the car and other features because this information will help you to avoid information overload when you start searching for cars online.
Now, let’s look at some important steps to that are involved when importing cars to Malawi.
Making payment for your favorite car should not be a hustle. Once you have identified the car you want to buy click the order button. Soon after you placed an order the car dealer will email you a pro-forma involve.
A pro-forma invoice is valid for 48 hours and it allows the companies reserve the car for you. When 48 hours elapses the car is assigned to another client.
Then go to your bank to apply for the telegraphic transfer (TT), to allow the bank to process payments for the vehicle. The next thing is to scan the bank documents and forward them to the car dealer for verification. Upon verification the car dealer will notify you on the same.
Note: BEFOWARD gives special discounts when you buy cars from them. Use the details on the banner below in order to receive a special discount when buying a car from BEFOWARD Malawi
Shipping and Clearance at the port
Malawi is a landlocked country with no direct links to the ocean. Hence, the imported cars are shipped from various ports in Japan to either Dar- Er-Salaam in Tanzania or Durban, South Africa. Dar- Er-Salaam is popular for clearance of used cars by road since used cars are not allowed to move on South African roads.
You can collect your vehicle at the border yourself or with the help of a reliable agent. Shipping of used cars from Japan to Malawi takes 30 days (1 month) this is the time you are required to wait for your car from counting from the day it departed at the port in Japan. Lucky car dealers give you a link to track the progress of your vehicles along the path.
Read: What small business to start in Malawi?
Taxation on importation of used cars in Malawi
Importers of used cars in Malawi pay tax to Malawi Revenue Authority (MRA). This is the most expensive part in the process of importing used cars to Malawi. MRA vehicle duty calculator allows importers to know in advance how much tax they are required to pay for the car which they buy.
Malawi government provide special tax rates for commercial vehicles such as trucks and machinery to promote economic growth. The tax on trucks and other commercial machinery are lower than on small machines.
Malawi Revenue Authority duty rates for cars can be found here on mra website.
Restrictions on imported Malawi used cars market
Unlike in other African countries, Malawi has no restriction on age of imported cars or worthiness of the cars to be imported.
Click here to find Top 10 Best Selling Cars in Malawi from Befoward.