A Postcode Lottery: The World’s 5 Most Ludicrous Used Car Markets

Here at home in the UK, if we’re not complaining about the weather, we’re complaining about the state of the roads or the price of petrol. However, with cheap second hand cars, reliable mechanics and a good road network available, we’re actually one of the few lucky countries when it comes to driving, both in terms of the price it costs to drive and the safety of the roads. Here, however, are 5 countries whose drivers aren’t quite so lucky. When you’re a driver, it turns out that what you buy and where you buy it from makes the whole process a bit of a postcode lottery. Here are the world’s 5 most ludicrous used car markets:

5. China

China

At first glance, driving in China looks great. Cars remain a relatively new concept and, because public transport is so strong, the roads in most places are quiet. What’s more, one of the great joys of Chinese motoring is that there are a number of limited edition Chinese models available in some cars, making China appear as though they’re a motoring hub.

However, having said that, those special Chinese editions don’t come cheap, and they’re unaffordable for everyone bar China’s super rich. Your chances of seeing one, never mind driving one remain slim.

As well as this, in China, you have to be incredibly wary of counterfeit or knock-off cars that flood the market. These cars may look great and are often based on current UK vehicles. However, still drastically expensive, they’re sure to break down within a month. Combine all of this with poor standards of driving and high levels of smog and China is hardly an ideal place to be buying and driving your car.

4. Nicaragua

Nicaragua

Here, Nicaragua is a little unlucky to be singled out, and we could have chosen anywhere in South America. For a car out here that would normally cost you a couple of thousand pounds, over in Nicaragua, you’d be talking five figures.

In fact, it’s even likely that a clapped out banger with 20 years of history behind it and hundreds of thousands of miles on the clock would cost you a couple of thousand pounds.

New cars in Nicaragua rarely exist and, if they do, the import rates are astonishing. Add the country’s incredibly high crime rate to all this and it becomes likely that you’ll end up with a car that’s too old, constantly breaking down and likely to be stolen. Not brilliant.

3. Indonesia

Indonesia

Nicaragua’s prices may be astronomical, but they’re not a patch on Indonesia, where a normal Prius will set you back the equivalent of around £45,000. Anything American or from continental Europe especially is expensive and, if you’re paying in US$, don’t expect to get any change from one million for a base model RR Ghost. Yep, it really is that expensive.

2. Malaysia

Malaysia

In a country where a Honda Accord is usually classified as a luxury car, you know you’re not going to be heading to a driving Mecca.

As well as this, if you’re in any way conscious about safety, then you’ll want to reconsider whether driving in Malaysia is so wise. Even though cars out there are sold at a much higher price to their UK counterparts, many of the safety features are missing, so they’re nowhere near as safe.

1. Singapore

Singapore

Across the world, congestion is a huge issue, especially as car ownership is becoming more and more accessible for the average family. To try and counteract the impact of congestion, Singapore has made it harder than ever to own a car, hiking the price up to extortionate levels. At present, it’s hardly been successful, making all that pain and suffering of paying extra worthless.

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