Cubans Now Allowed to Buy $263,182 Peugeots

Thursday, January 2, 2014
The media has been abuzz about dictator Raul Castro's latest "reform," which purportedly (after 55 years) grants Cubans "the right" to buy a new or second-hand car -- but only from the state's monopoly.

This "reform" takes effect on Friday.

Previously, Cubans were first required to request permission from the monopoly, in order to then try to purchase a vehicle from the monopoly.

Now, they can just try to purchase a vehicle from the monopoly without first requesting permission from the monopoly.

But wait, there's more.

Today, Raul's fine print has been released, which reveals that each car will be marked-up (at least) an additional 50% in fees for the monopoly.

Call it the "Castro cut."

As such, Cubans will now have "the right" to purchase a 2013 Peugeot for $263,185.50.

Of course, all sales must be cash -- no financing available.

Think we're kidding?

Click here.

More "reform" you can't believe in.