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It's because of the American Embargo started in 1959 after the Cuban Revolution, and that was the Age of American cars. Even if Cubans had enough hard currency, they are not allowed to purchase new cars for personal use. The only car ordinary Cubans can purchase for personal use are cars that have always been personally-owned, and those are 1950s American Cars.

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Q: Why are there old American 50's cars in Cuba?
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