Luxury cars are no longer a symbol of wealth and status but a burden for many in the capital city of Ghana.
The rising cost of fuel, insurance premiums, and maintenance has forced some owners to abandon their once prized possessions at mechanic workshops.
Even owning the smallest of vehicles is now considered a luxury that few can afford.
The prices of vehicles have skyrocketed, making it increasingly difficult for car owners to keep up with maintenance and spare parts costs.
Many luxury cars, including models from top brands like Benz, Toyota, and BMW, are being left to deteriorate at mechanic workshops.
The limited space available for these piled-up cars has become a concern for mechanics who receive over ten faulty cars daily.
The cost of maintaining luxury vehicles, especially brands like Jaguar, has become exorbitant.
Spare parts dealers attribute these high costs to exchange rates, import duties, and soaring insurance premiums.
Visiting Abossey Okai, Ghana’s largest automobile parts market, reveals the distress of luxury car owners over the rising cost of spare parts.
Some even question whether owning a luxury vehicle automatically means one is rich.
Spare parts dealers warn car owners to only buy cars they can afford to maintain, as the cost of spare parts will continue to rise.
The once-envied status of luxury car owners is now overshadowed by the financial burden of maintaining their vehicles.
In conclusion, the luxury car market in Ghana is facing a crisis as owners struggle to cope with the increasing costs of fuel, insurance, maintenance, and spare parts.
The dream of owning a luxury vehicle is turning into a nightmare for many in the country’s capital.
Story by: Christian Yalley
