Toyota to import used cars

Toyota Cambodia unveiled plans yesterday to add second-hand vehicles to its showroom in response to consumer preference for less expensive cars and a competitive grey market full of unauthorised dealers.

Kong Nuon, chairman of Toyota Cambodia, the country’s largest car dealer, said that while demand for cars is growing annually, the purchase of second-hand vehicles represents about 93 per cent of the market. …

At the Toyota showroom yesterday, a second-hand 2005 Lexus RX330 was on sale for $39,500 and a used 2004 Lexus RX330 was valued at $36,000. …

Car imports reached 23,662 units last year, a 21 per cent jump from 19,510 units in 2011, according to data from the Ministry of Economy and Finance. …

http://www.phnompenhpost.com/business/toyota-import-used-cars