With inflation and the ridiculous taxes imposed on new cars, prices out of the showroom are set to increase by an incredible 40% in the coming weeks.
Cars like the Fiat Cronos and Peugeot 208 are classed, unbelievably, as being in the luxury segment with many used cars now being more expensive than new ones.
On the other hand, using the blue dollar rate, a Peugeot 208 is averaging about AR$17million, whereas the same car in the UK is around £20,000.
The trouble with looking at car prices on Mercadolibre is that the price advertised is never the actual cash price, so it can get very confusing.