Solomon Islands used car market

Solomon Islands used car market

Solomon Islands used car market

 

Japan is the world’s leading source of automobiles and is known for ages for delivering high quality vehicles at competitive prices. Importation of used cars from Japan is very frequent because of their reliability and authenticity. Solomon Islands, a nation in the South Pacific Ocean that lies east of Papua New Guinea import used vehicles from Japan. Large numbers of Japanese imported second hand vehicles can be seen on the roads of the Solomon Islands.

Located in the South Pacific region of Oceania, Solomon Islands offer vast business opportunities in the area of automobiles. Over the past many years, the country has one of the best performing economies. Solomon Islands offers very pleasant and business like atmosphere to traders. Importation of used vehicles in the island nation is quite simple due to lower duties. Honiara and Guadalcanal Is are major ports for importing Japan used cars in Solomon Islands. These ports provide straight forward clearing procedures and outstanding security for the used car and its content. Since traffic moves on the left side of the roads, right-hand drive cars are recommended in the Solomon Islands.

 

Like many Oceania countries, new vehicle market in the Solomon Islands is quite limited, thus giving fair opportunities to used cars exporters to invest in the market. Many people in Solomon Islands prefer to purchase a Japanese used vehicle as one gets a good and reliable vehicle with prices almost half of that of the cost price of new vehicles. The market is dominated by models from Toyota and Suzuki.

 

The demand for used vehicles in the country is increasing year by year. There is no doubt that the sales of new vehicles are cut heavily by used vehicle sales. In the year 2010 around 536 units of used vehicles were imported by the country. The figure reached to 973 units in 2014. The stats clearly show increasing demand of Japanese vehicles in the country, thus gives ample opportunities to small and big businesses to make a fortune.

 

Statistics:-

Population-592,660

Used vehicles imported statistics for last 5 years:

2014               2013                     2012                        2011               2010
973                 927                      1,001                        760                 536

 

Popular used car models:-

Suzuki MR wagon, Suzuki Escudo, Toyota Vitz, Suzuki Wagon-R, Suzuki Swift, Nissan Skyline, Toyota Mark X, Honda Inspire, Toyota Land cruiser Prado, Toyota Hilux Surf

 

 

Summary:-

Japan has always been a popular source for transportation of used and new vehicle. Popularity of used cars from Japan is due to their remarkable specifications, good condition and high quality. Located in the South Pacific region of Oceania, Solomon Islands offer vast business opportunities in the area of automobiles. Over the past many years, the country has emerged as a major importer of Japanese used vehicles.

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