If you’re considering buying a car in Namibia, you’ll need to factor in the vehicle’s cost itself as well as import duty, registration, and insurance. Here’s a breakdown of what you can expect to pay.
The average cost of a new car in Namibia is N$140,000. However, prices can range from N$100,000 to N$250,000 depending on the make and model.
Import duty is payable on all vehicles brought into Namibia and is calculated at 20% of the value of the vehicle. So, on a N$140,000 car, you can expect to pay N$28,000 in import duty.
Registration costs vary depending on the age and value of the vehicle. For a new car valued at N$140,000, you can expect to pay around N$1,700.
Insurance is also required by law in Namibia. The average cost of comprehensive insurance is N$3,000 per year.
So you can expect to pay around N$172,700 for a new car in Namibia.
The Cost of Maintenance and Upkeep for Cars in Namibia
The cost of maintaining and upkeep for cars in Namibia can be quite high. This is due to the fact that there are few options for public transportation and most people rely on their cars to get around. Gas prices can also be quite high, making it difficult to afford to keep a car on the road. While the initial cost of a car may not be too high, the cost of maintaining it can be quite expensive.