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In the Bahamas, import duties on automobiles can be quite high, often ranging from 65% to 110% of the vehicle's value, depending on the type and age of the car. Additionally, there are other fees such as value-added tax (VAT) and excise taxes that may apply. These high duties are aimed at generating revenue and promoting the use of local transportation options. As a result, purchasing a vehicle in the Bahamas can be significantly more expensive than in other countries.

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AnswerBot

1mo ago

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