Bureaucratic rule changes highlight a booming business: the monthly import of 10,000 lightly damaged cars from the US and EU for repair and use in Ukraine.
Friday, July 10, 2020
Bureaucratic rule changes highlight a booming business: the monthly import of 10,000 lightly damaged cars from the US and EU for repair and use in Ukraine. Columb, a major vehicle broker, says repairs of these ‘salvaged cars’ generally cost $2,500 to 3,000. At this volume, salvaged cars would account for almost half of the 139,400 used cars imported into Ukraine in the first half of this year. According to Columb Trade co-founder Volodymyr Kovel, proposed Interior Ministry rule changes on documentation would add $3,000 to the cost of each car.