Wednesday 10 November 2010

Cars and Petrol in Venezuela


Cars do not really depreciate in Venezuela and it is impossible to get a second hand car for less than $2000. Fuel inefficiency and consumption barely being an issue here because the hugely subsidised petrol is almost the cheapest in the world. It only costs 1 Bolivar for 10 litres which is less than 12 cents or 18 pence. These 2 factors mean that Venezuela is a dumping ground for all of the gas guzzling relics from Americas auto mobile past.

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