30% price reduction on imported cars

30% price reduction on imported cars

Greece is also being referred to the European Court of Justice on another matter: taxation on imported second-hand cars. If Greece finally agrees to apply EC directives, this is expected to result in a 30% reduction in the price of second-hand cars imported from other European countries. This means that a second-hand, 5-year-old Mercedes SLK will cost around €15,000. The Mercedes is used as an example because the price reduction will be greater in larger cars.