Cuba's cash-strapped government on Tuesday began selling used cars for doll...
HAVANA - Cuba’s cash-strapped government on Tuesday began selling used cars for dollars at a single Havana outlet, a first for the Communist-run state and a further step toward the dollarization of a segment of its retail sector.
Around a hundred people showed up to look at the cars, representing a hodgepodge of brands and models. Around one in 20 Cubans owns a car and the cost puts them out of the reach of many citizens, in a country where the average wage is below the equivalent of $100 per month. “I will do anything for my family. And this is a good option for my wife and kids in Havana,” he said from the window of his 2011 Toyota Land Cruiser that he had bought for $80,000 - more than double the amount he might expect to pay in the United States.
Reinier Ramos, from the central Cienfuegos province, said he had come to Havana three days earlier to stake a claim on a car.Ramos, a civil engineer, said he had sold a car and received money from family abroad for the purchase.
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