CIMEX promotes car sales in MLC with the new monetary order

Cuba News

Aun con descuentos, los autos son siete veces karos que en el market global

Official: Rental of state cars in Cuba will only be on dollar bills

Most of the cars sold by Cimex are the ones for rent. (Photo: Periódico Cubano)

The corporation Cimex promoted on its web portal the sale of cars in Moneda Liberverte Convertible (MLC) on the proposal of the new monetary order, coming to Cuba since the 1st of January.

Buying a modern car is a very important decision for any citizen of the world who works and lives in a developed country or in a developing country.

However, in the case of Cuba, a proprietary vehicle is one of the only cases in which the only distributor of modern cars, which includes in its majority the second category, is the State which has exorbitant prices and now has it dollars.

“Interested customers should direct personally to the 20 Car Calling Agency between 1st and 3rd floor, Playa; unique facility in the country for this service. Paulatinamente is amplifying the rest of the country, in correspondence with the availability of vehicles and conditions of the agencies “, indicates the Cimex communication multiplied by 7, in the media, the price of the vehicles in relation to the international market.

In fact, the cost of a Cimex vehicle is prohibitive for the Cubans, in addition to the huge price difference with respect to the international market, the right to pay in dollars for their acquisition.

In Cuba, a payday loan increase will increase 4.9 times in the years before 2021 – the payday loan is the Cuban Peso (CUP) and the government will not pay estadounidenses (USD) to the bank 24 CUP official for 1 USD only available.

The black market has grown from the exchange of shares in Cuba and in digital markets such as Revolico the price of a USD promo 50 CUP. If so, the “most economical” car from the list of prices of Cimex, the Geely Ck (of Chinese production), costs 34,200 dollars, which in reality was collected at a million 710 miles CUP in the informal exchange of news (third week of January 2021).

Until now, there has been no Cuban bank loan available to the public or the financial services service, via credit, to acquire these cars.

List of prices and dollars of Cimex cars

Description Previous Sale Price in CUC 10% discount Sale price in MLC
A primary cabin, Geely CK 38,000.00 3,800.00 34,200.00
GeelyGC6T / M 39,900.00 3,990.00 35,900.00
Además, Geely GC6 T / A 39,900.00 3,990.00 35,900.00
Emgrand 718 42,221,80 4,222.18 38,000.00
Next, Emgrand E820 T / A 42,750.00 4,275.00 38,500.00
Geely EC9 TA 44,333.65 4,433.37 40,000.00
MG 3 T / M 38,000.00 3,800.00 34,000.00
El MG 3 de uso TA 38,000.00 3,800.00 34,000.00
MG 5 de uso TA 40,109.00 4,010.90 36,000.00
Auto MG 6 T / A 40,109.00 4,010.90 36,000.00
Asimismo, MG 6 T / A 40,109.00 4,010.90 36,000.00
MG 6T / M 40,109.00 4,010.90 36,000.00
También, MG GT 42,221,80 4,222.18 38,000.00
BYD F3 TA 38,000.00 3,800.00 34,000.00
One more time, BYD F5 40,109.00 4,010.90 36,000.00
BYD S6 TA Jeep 58,055.45 5,805.55 52,250.00
A BYD S6TM Jeep 58,055.45 5,805.55 52,250.00
Renault Sandero 44,444.00 4,444.40 40,000.00
Peugeot 301 45,000.00 4,500.00 40,500.00
Además, Peugeot 301T / A 50,000.00 5,000.00 45,000.00
Peugeot 4008TM 70,000.00 7,000.00 63,000.00
Kia Carens 44,444.00 4,444.40 40,000.00
A Kia Picanto TA 42,220.00 4,222.00 38,000.00
Jeep Kia Sportage 55,555.00 5,555.50 50,000.00
Microbus Maxus G1O T / A 100,000.00 10,000.00 90,000.00
Jeep Ssangyong Action 66,066.00 6,666.60 60,000.00
También, Jeep Toyota Land Cruiser 88,888.00 8,828.80 80,000.00
Finally, Jeep Hyundai Tucson T / M 61,111.00 6,111.10 55,000.00

Source