Secondhand car sales resume in Yangon

Since COVID-19 cases were first detected in Myanmar in late March local car sales took a hit. Used car sales from Japan, however, have seen increased transactions leading up to the end of April.

“The automobile market came to a halt when the first cases of COVID-19 were reported. As the Road Transport Administration Department (RTAD) office closed, we buyers couldn’t do any due diligence on vehicles or register new cars. We have car sales pick up again these past few weeks,” said U Myo Myint, a Yangon-based car dealer.

There are some issues with redesigned cars (“phauksut”), where the elements of the body have been changed. So, people still need to have these vehicles inspected by the RTAD when they buy them.

“In the past, you had to make an online booking with the RTAD center for a vehicle inspection. If there aren’t any problems with the phauksut car, then people can just sign the contracts and transfer ownership,” said U Thant Zin, a car trader from Mandalay.

“Because the RTAD has been closed, people couldn’t make any vehicle inspections.”

Right now, Yangon has around 600,000 vehicles on the roads. Since the COVID crisis began, brand new cars at car centers and showrooms have been waiting for registration and vehicle licenses to be issued. – Translated

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