In Venezuela, the economic crisis, currency collapse, and strict policies have made even second-hand cars a luxury. With hyperinflation and a depreciating bolívar, salaries cannot keep pace, placing vehicles, often priced in US dollars, out of reach for most citizens. Import restrictions and sanctions have decimated new car sales, driving up demand and prices for used vehicles. A lack of spare parts further exacerbates the issue, making well-maintained older cars valuable commodities and status symbols.