Everyone transportation system is unreliable in many areas of Thailand. Having a car is essential for most Thais and expats who live here. Sure Bangkok has got the BTS and MRT. And the majority of major towns and cities possess a van network and native buses or songthaews. But these don’t serve the requirements everyone. I won’t believe that the BTS and MRT are good systems, but they’re inadequate for the needs of the area. And they’re only suited to those residing in the central zone. Many expats are living in areas for example Chonburi, Phuket and Chiang Mai, where subway lines and sky trains continue to be a distant dream.
Sweating in a bus, risking safety within a public van, and waiting on unscheduled buses implies that lots of people choose to get a car, in particular those living outside Bangkok. The caliber of life and freedom that owning buy car in thailand will give you constitutes a significant difference. Imagine traveling with a bus or in a taxi having a baby or praying to some higher power that your van driver will give you in your destination safely.
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Where to begin
After I bought my first car I had one million questions. I wasn’t “into” cars and didn’t know much concerning the industry and the way things worked. Many people head to their dads for car advice, therefore i went to mine. I was lucky because my father worked in the vehicle industry in excess of twenty-five years and he provided me with a great deal of advice. I got myself a vehicle I was satisfied with. However, here in Thailand things work differently. So I used the advice from my father plus from a couple of great local sources: Damien Kerneis, Co-Founder of SiamCarDeal, and Wasawad Wasuthasawat, Country Manager at Carsome.co.th.
Furthermore, i used a lot of online sources and thru this article I will provide you with quotes, figures, and links to useful sites that will help you get a car in Thailand.
Why Buy a Car?
Location influences your need to purchase a car. I’m uncertain many people residing in Central Bangkok could justify developing a car as there is good public transport. There’s also a lot of traffic which could make driving a nightmare.
If you have to travel beyond the downtown area for business, it might be essential to possess private transportation. Possessing a car might sound beneficial to weekend trips away from the big city, but you should consider how many times you would probably make use of the car of course, if it will increase your quality of life.
For those who have made a decision to get a car, your local area will help determine what kind of car would best meet your requirements. Should you travel long distances from the rural area then this larger car for cruising around will make sense. If you are living within the city, selecting a small compact car to create traversing through traffic easier would be the better choice. You could adhere to the Thai trend and acquire a tremendous pickup truck, wherever you reside.
Pickup truck is a # 1 choice for many Thai families.
Long-term vs Short-run
A key factor for a lot of expats to consider is whether they are staying in the united states for a- or short-time period.
Long term expats get more reason to buy a car since it is a significant financial investment in Thailand. Those married, here on retirement visas, or those that have full-time jobs who stay for the long haul will benefit from having a car.
Those here for a while need to look at the resale value of their car and the way easy it’ll be to market. As you’ll see there is certainly a considerable amount of paperwork involved when selling a car. For anyone here for a short time, it will not be your best option. You also need to consider that when you must leave Thailand with a certain date the automobile must be sold at that time that may cause problems should you be rushing to identify a buyer.
There may be always the option of leasing a car for a time period of a few months as much as a year or depending on local public transport and taxis. I wouldn’t buy a car if you aren’t gonna be in Thailand for more than a year-except if you are living in a rural area.
If you’re looking for a brand which holds it value then a best option is actually a Honda or Toyota or maybe the top models from Japanese car makers.
One common cause of purchasing a car in Thailand is for in case you have children and don’t would like to count on public transport. I wouldn’t desire to require a baby on a bus or in a taxi. I feel it might be irresponsible plus a car is definitely the safest method to transport your family members should you be unattainable from the MRT and BTS in Bangkok.
Parents.com have listed their top cars released in 2016 for families. Their list is definitely worth a look because so many models can be found in Thailand.
New Cars vs Used Cars
One of the primary choices you’ll must make is whether you would like to purchase a new or used car. There are positives and negatives to both. Many people prefer to buy new because of the lower maintenance costs and frequent special offers. But additionally there is a thriving second hand car market in Thailand. And the chance of buying from other expats in Thailand means you may experience a lot of the process in English.
If you purchase a new car, there are a number of advantages. You may get a handful of extras thrown in in case you are efficient at negotiating. In Thailand, most dealers appear to sell with the recommended list prices but the extras are where you may make an effort to get added value. It’s normal to obtain your first year’s insurance covered or tinted windows, for example.
If you pick new, you’ll have reassurance knowing you are the first owner of your car, so there shouldn’t be any surprises afterwards. Purchasing a new car also means you have more finance options open to you, and you’ll have the opportunity to talk towards the dealership about your personal situation.
During my research for this article, people said that the dealership where they bought their car also offered them better part-exchanges on new car purchases. The relationship between the customer and dealer allows expats to ask more questions with the experts before, during, and after the buying process. As you’ll see underneath the shopping process isn’t easy but by making use of an authorized dealer you’ll be handling salespeople that have experience negotiating with expats.
The key benefit of a second hand car is that you obtain a cheaper pair of wheels. There is the likelihood of a bargain in Thailand, but in general used cars hold their value well and cost greater than you would pay in western countries.
You might also need the possibility to acquire a second hand car from a licensed dealer which implies you’ll better the likelihood of getting a service package or insurance. Used cars can be bought from numerous sources and many of them supply the cheapest prices in the marketplace.
One negative for used cars is definitely the 7% VAT that’s included in the bill if you pick from a showroom or used car dealer, or use a loan to finance the purchase. To avoid this payment you can purchase in cash coming from a private seller. Buying coming from a private seller that has looked after their car is an excellent option. Thai people call these “house cars.”
Exploring the roads of Thailand I saw two trends. The very first was the quantity of pickup trucks as well as the second was the buzz of Honda and Toyota cars.
Coming from the UK where the roads are filled with Fords and Renaults, I put the volume of Hondas and Toyotas down to the Thai love of Japanese products. Having Said That I soon discovered other reasons for his or her popularity. Honda and Toyota are a couple of the auto brands that are made in Thailand and have lower taxes and selling prices than imports. Tax is likewise the reason behind the great number of pickup trucks. These cars have a reduced excise tax, causing them to be a well known choice for lots of people.
Another reason why for the interest in these two brands may be the availability of certified mechanics. Every town could have a garage to correct these cars as well as the parts are easy to locate. Even third-party garages is going to be knowledgeable of top-brand cars.
Wasawad Wasuthasawat said, “black and white” were the two most popular colors for cars and might be a sensible choice should you be looking to sell your automobile after several years.
No matter the model, black are white are two most favored colors in Thailand.
Researching shows Toyota, Honda, Isuzu, Mitsubishi, Mazda, Nissan, Suzuki, Ford, Chevrolet, and MG are manufactured in Thailand and therefore are priced a lot better than other brands. BMW and Mercedes are assembled in Thailand but use imported parts which make them more pricey than they’d be throughout Europe or in America. Imported finished cars and trucks are subject to a 300% tax, which makes them 3 x more pricey compared to Europe or America.
“The Corolla or Altis is amongst the best-selling models for the general public,” Damien Kerneis said. “It holds its value well and you can easily find spares.” Because this is the kind of most taxis in Bangkok, it goes without proclaiming that these cars are a good selection for those within a strict budget taking a look at getting their very own wheels in Thailand.
There are various options when it comes to investing in a car, new or used, in Thailand. Traditional dealerships are popular but there is however also an ever-growing list of online alternatives for buying a car.
The dealership was the initial place I visited when purchasing an automobile in Thailand. I felt reassured by looking at an official dealership and felt I would personally receive better service and a lot more legal fallback if there were any problems. It also seemed much easier to get finance via an authorized dealership than relying upon alternative methods, that happen to be listed later on this page.
I went into the entire process of buying without having a preference towards brand. My issue was budget. I want to use a BMW, but based upon Thailand prices they are certainly not value for the investment-and way out of my budget range. Going to a dealership meant I could selected a cheaper brand, look at their entire array of models, and discuss pricing options. The main benefit is there are car dealerships in all of the big towns and cities. Within ten kilometers of my condo in Bangkok, as an example, I could visit a wide array of car dealerships.
Another benefit of a dealership is that you may see new and used cars and do a price comparison and conditions. Most official dealerships also provide promotions, and offer warranties and extras on not merely new cars, but used cars too.
You also have an opportunity to test drive a vehicle if you have a Thai driving license, a license from home country, or an international license.
Similar to a multitude of locations in Thailand, at dealerships salespeople will treat you according to the way you look. When I walked in wearing a scruffy T-shirt and shorts I bought little attention. But once I went in with jeans, a collar shirt, and dress shoes I had salespeople jumping over themselves to help you me. Maybe this is just random luck-or bad customer satisfaction at some dealerships-however, there is a correlation between the two.
The Bangkok International Motor Show is amongst the most popular places for Thais to get a new car. Sales in the 2015 show were anticipated to be over 40,000 and that is a lot for that 7-day event. Often discounts receive and there are wonderful promotions. 2017’s event was held on the Impact Arena around the outskirts of Bangkok right before Songkran.
In past times, the event continues to be criticized to be more about the pretty models, but following the recent Junta takeover things have been toned down and the cars are now taking center stage again.
Additionally it is common to see mini shows within the numerous shopping malls around Thailand. My local mall, Fashion Island, offers at least one car company showcasing new models every few weeks. They have huge signs offering discounts but it is not clear if they are the same deals you’d get on the dealership. One benefit of these events on the mall is there may be less pressure to buy so you get the chance to discover and sit in the vehicle.
Regenthomecar, a good example of an automobile tent in Thailand
Among my Thai friends explained I could possibly buy a car on the tent which confused me. I googled “car tent” and found pictures of tents covering cars. It wasn’t until I discovered this post where I found out a vehicle tent can be a used-car dealership.
Many cars have limited warranties and a lot of can be purchased “as seen” so you have to have a genuine idea of cars to have a good buy. Tricks such as winding on the mileage and putting different parts into cars do go on so buyer beware.
Many car tents work together with a finance company as well as a loan can be decided on the spot. It’s best to make a payment and drive the automobile away. It’s not unheard of for car tents to modify parts every time a customer pays a deposit and returns later for your car. Also, should you pay by cash the buying price of the auto might be beyond if financing, since some car tents get commission from offering loans.
If you are looking to get a car to help you get from point A to point B then seeking bargains in a car tent could be an option.
Car auctions are wonderful fun to observe. The atmosphere is exciting and that i find it intriguing to learn the tactics in the bidders trying figure out their top price. Buying a car through auction is a thing I would personally be suspicious to try out for a number of reasons though.
The problem is you need to compete against other bidders and could wind up paying over you’re able to from the heat of battle. At auctions you’ll must make quick decisions and may also not have a full description of the vehicle or have limited opportunities to inspect it. I wouldn’t purchase a car from auction unless I needed full familiarity with the auto and might inspect the car first, ensuring it was actually in good order.
However, you can sometimes get a bargain with an auction if others aren’t interested in a vehicle you would like. Individuals with knowledge of cars could be confident that they could spot a good deal when they see one.
If you’re interested in car auctions, have a look at Union-Auction and Manheim, which have listings for car auctions in Thai and English. Both sites give pictures and descriptions for your cars available and list fees you must pay.
Manheim affords the following information on fees as well as some useful tips on their FAQ page.
A buyers administration fee of 8,560 baht (including VAT 7%) relates to all lots purchased in the financiers vehicle auction and the salvage vehicle auction. The buyer’s fee for burnt out vehicles is 4,000 baht and also for motorcycles it’s 1,650 baht. For trucks it’s 12,500 baht. If you purchase a financiers or salvage vehicle using Simulcast, an additional buyer’s fee of 1,420 baht applies. Should you buy a motorcycle using Simulcast, an additional buyer’s fee of 250 baht applies. Full payment in cash or bank check is essential by 4pm the working day right after the sale. VAT is included unless otherwise indicated. Review site, in auction catalogues, or with cashiers for fees applicable to the vehicle.
The auction is really a fun, exciting, fast process. So here’s some tips to help you succeed.
Set your budget
Examine the car you would want to bid on, for example the documents
Pay by internet bank transfer for the safest method of payment
All cars are sold “as is, where is;” there are actually no returns
See the conditions and terms
Ensure you will have the correct name registered for your auction
Bid clearly and don’t delay until the final minute.
A simple look on yahoo shows there are plenty of car auctions in Thailand so you could possibly get a local independent auction near to you.
Buying a car on the web is becoming more popular nowadays. Many sites have popped up in Thailand to focus on the desires of Internet shoppers. Websites like these cater toward the sales of used cars, however, some websites offer sales of the latest cars, or links to special offers from dealerships.
In addition there are many listings on forums and social networking which could match you on top of a seller. The words “Buyer Beware” is very important here, because there could be limited recourse when the buyer purchases an automobile as seen and ends up being a lemon.
For an excellent source of online cars in Thailand have a look at the following sites:
This website is user friendly and clear. You enter simple details about your finances, location, and brand name and you get a set of results. Apart from the license plate number, you get everything in English, and also the lists gives you pictures and make contact with variety of the owner. Keep in mind this web site is made for people considering buying used cars.
The site is useful if you are looking to acquire a guide price and find details about your nearest dealer. A serious selling reason for this site is that they list cars for sale in dealerships, both new and used. Because of this it is possible to grab a good deal from the dealer rather than just coming from a private individual.
Other option for online purchases is to think about sites like kaidee.com and bahtsold.com, which offer secondhand goods including cars. Craiglist also provides an internet site for used cars in Thailand. Again, buyer beware and understand that you’re unlikely to obtain any support in the seller once the purchase is made.
Once I would buy my first car around 15 years ago my father went instantly to the newsagents and found a duplicate of Auto Trader magazine. It listed thousands of used cars on the market and was like his bible. You can make a price comparison and specs to view what was a reasonable price for various models.
Nowadays, lots of this business has moved online but it’s still easy to find offline car listings within Thailand. National and local newspapers have car sections with private listings, that are worth a glance if you want to go this route.
Among my colleagues bought up a vehicle from your private listing at his condo. The seller had left a flyer as well as the sale progressed quickly because they lived a few rooms far from one another.
Also, many cars within the street have for sale posters or stickers to them. You might even notice a available for purchase brochure for that car you’re looking for. There’s no exact science to purchasing a car, but fate might provide you with for your dream car in the soi you’re walking down.
When you’ve went ahead and then make your purchase you have a few hoops to jump through. Depending on how you purchased the auto will depend on the amount of these you’ll have to do. When buying a whole new car it’s likely that the dealer will look after most, if not all, of your paperwork to suit your needs. But when buying a second hand car, you’ll should be more hands on if buying from the private individual.
After discovering the right dealer you should reserve the vehicle by paying a deposit, usually 5,000 – 10,000 baht. The reason for this can be that cars in Thailand tend to be made to order. You must get the receipt after paying the deposit, stating everything about your new car including: model, color, delivery date, and all of freebies you got in the negotiation. Sometimes, it may take up to 6 months for your car to become transported to you.
After the car arrives, you should examine the car from bumper to bumper. Make sure to take it for a test drive and view that every freebies are included. Examine the warranty for that manufacture date, inspection dates, and customer details. Make sure all things are perfect before accepting the vehicle. When possible, bring an auto expert along with you. Also, take note of the engine number to make certain that this is the same car you inspected.
You ought to receive all documents on that day including auto insurance, CPTL, car manual, the temporal red book, and also the tax sticker.
New cars will be needing special red license plates which will be substituted for the state white plates in some months. The cost of these temporary ones is about 2,500 baht but you will end up refunded once you change onto the white plates. Failure to transfer from your red temporary plates to the white official ones could lead to a great when you are stopped from the police. Many people do prefer to keep red plates on only to show they may have a new car.
You will definitely get you’re official blue ownership book a few days after or on a single day you get the white plates. In the event you finance the vehicle you’ll have a copy in the blue book. The finance company will probably be listed because the owner of your car. The blue book and car will likely be transferred in your name when the loan pays off.
When driving with red license plates there are several items you must be aware of. First, it is best to keep your ownership and transfer documents together with you. When the police opt to stop you then you’re liable to pay an excellent when you can’t prove ownership. Second, with red plates you happen to be tied to driving during daylight hours and then in the province the auto is registered to.
All car registration paperwork is addressed with the Department of Land Transport. The dealer ought to do it for you once all the following documents are already prepared:
Passport (signed copies of most visa pages and data page)
A signed copy of any work permit or a certificate of residency from the Immigration Bureau or even the applicant’s embassy
A sound Thai driving license
If you want a specific registration plate number, it might be done two months upfront before your car arrives with the Department of Land Transport. A copy of your respective passport, residential certificate, and the car purchase contract are essential. Though some car dealerships should be able to do this for any small fee.
Department of Land Transport in Bangkok Area 3
Second Hand Car
Before choosing a used car, look into the car’s Blue Book or its copy (in the event the car is financed) together with checking the car. The engine number should be the identical to what exactly is listed on the blue book. This ensures the car is among the seller and prevents unexpected problems including getting a stolen car. If a seller cannot reveal to you the blue book, it’s preferable to take your hard earned money elsewhere.
While the required documents through the buyer are similar as registering a new car, the process of purchasing a pre-owned car may be separated by five common cases.
The 1st case is to find the auto from the second hand car dealer such as a car tent. Prices are usually higher than buying from the private seller but they’ll have every detail associated with the automobile transfer and even keep up with the financial loan.
The 2nd case is to purchase from the private seller assuming you might have enough cash. You’ll have to handle all of the paperwork yourself. A personal seller provides documents similar to a signed copy in their ID Card, a signed copy of their house registration, Blue Book, the strength of attorney, and the transfer of ownership. Chances are they let the buyer complete the complete process once everything is given money for. Or else you and the seller can arrange a date and proceed to the Department of Land Transport together to perform the transfer.
Your third case is that you simply have sufficient cash but the car remains to be on finance. It’s a smart idea to should proceed to the finance company along with the seller and finished the acquisition contract and transaction there. The finance company should be the someone to carry out the paperwork and send an updated Blue Book along with your name within fourteen days.
If you need to finance the auto you should pay a deposit in advance, normally at 5,000 baht-make sure to sign the deposit contract. The seller should provide you with a couple weeks to make the financial loan. Once it’s approved, you must get a check issued with all the seller’s name. Then, the seller should supply you with the necessary documents for producing the automobile transfer. You are able to handle the remainder yourself or the seller can proceed to the Department of Land Transport together with you. When you can’t obtain a loan on time, the seller has right to take the deposit unless it’s negotiated beforehand.
When a car remains on finance and you have to get a loan to purchase the car, the simplest way is to go to the finance company and possess them transfer the financing in your name. You could possibly still must pay a share to the seller as well as a processing fee towards the finance company though.
The transfer process takes several steps. The first step is usually to submit all paperwork and get it checked and stamped by an official. During this period, they might have you revisit in a few days in the event you got a new car from another province. When everything has been checked, you should revisit and inspect the vehicle. The inspection makes sure the vehicle matches the important points in the submitted forms and that we now have not any other problems. Finally you will be asked to return to accumulate plates and also the Blue Book.
If the car is transferred inside the same province, everything ought to be finished within several hours. If it’s moved to another province, it may need a couple of days.
For a short look at doing the method yourself go here for your account of registering a car yourself in Chiang Mai. This report is from 4 years ago but the process continues to be the same. The whole dexupky01 inside the article is 940 baht to register the auto. It took time and effort since the owner bought the vehicle from Bangkok and registered your vehicle in Chiang Mai.
The transfer pricing is different in line with the estimated level of the sale importance of your automobile. There’s a 105 baht for transferring fee along with a stamp fee of .005 baht from your estimated car price. As an example, in the event the car is estimated at 300,000 baht, the complete transfer cost could be 1,605 baht (105 (300000 x .005)).
Finally, in case you are unable to accomplish it yourself, you may give the power of attorney to a different person to complete the paperwork to suit your needs.
Used cars registered within a different province will require a fresh list of plates. The fee for this is certainly around 200-300 baht.
One of my biggest concerns when buying an auto was where the money would come from. Despite having the lowest priced models I would still have to borrow to accomplish the sale.
It’s possible for foreigners to acquire loans in Thailand to acquire a vehicle but you can find strict restrictions. The foreigner will need to have a banking account with good standing at a local bank. The foreigner wants a work permit or similar showing they’re here lasting. A lot of people stated they may have been successful getting a car loan employing a tourist visa, nevertheless it appears to take plenty of effort, needs a higher deposit payment, and is also determined from the manager each and every place.
To the first car a foreigner buys they will likely need to have a Thai guarantor. This is usually a relative or friend but they need to be aware about the problem and what happens in case the foreigner defaults around the loan. For purchasing all cars thereafter and where loan is by the same source, a guarantor is just not needed. The exception to needing a guarantor takes place when the deposit payment is between 50-70%.
The final stipulation in order to get that loan is that the absolute minimum downpayment close to 20% is necessary. Sometimes a bank will request a higher downpayment when you are new in the nation or have limited funds in your bank. Either way be sure to prepare copies of your respective work permit, passport, bank statement, and wage slips before you apply for a financial loan.
Reuters reported that this rate of loan defaults is rising because of the poor performance of the Thai economy and increasing household debt. Therefore the conditions to get financing are getting to be stricter along with the bank may request a Thai guarantor according to your circumstances. One positive is that the banks are willing to loan money to foreigners for auto purchases, unlike when it comes to financing property. They also offer special incentives like % interest introductory offers.