Imported Vehicles: A Hidden Economic Liability

Beyond the headline numbers, the resurgence in vehicle imports is creating serious structural risks. According to the Ceylon Motor Traders Association (CMTA), the post-February 2025 relaxation of restrictions has triggered a wave of indirect imports, many entering without proper safety inspections, verified histories, or manufacturer warranties. CMTA warns that these vehicles—often under-invoiced or routed through grey channels—pose long-term risks to both consumers and the economy.

Hidden defects, tampered odometers, and lack of after-sales support mean buyers may save at the point of purchase but face steep costs down the line. More critically, such imports undermine government revenue through loss of customs duties, distort market competition, and create recurring pressure on foreign exchange as spare parts must be sourced externally without manufacturer backing.

Authorized agents, CMTA stresses, offer vehicles built for Sri Lankan conditions, backed by warranties, proper recalls, trained technicians, and ethical foreign currency transactions. In contrast, grey imports bypass key regulatory checks, leaving buyers exposed and depriving the state of millions in revenue.

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