Everyone transportation technique is unreliable generally in most elements of Thailand. Using a car is needed for a lot of 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. However these don’t serve the requirements everyone. I won’t debate that the BTS and MRT are good systems, but they’re inadequate for the requirements of the city. And they’re only ideal for those living in the central zone. Many expats are now living in areas for example Chonburi, Phuket and Chiang Mai, where subway lines and sky trains continue to be a distant dream.
Sweating inside a bus, risking safety in the public van, and waiting on unscheduled buses means that a lot of people elect to purchase a car, especially those living away from Bangkok. The quality of life and freedom that owning car for cash gives you makes a significant difference. Imagine traveling over a bus or maybe in a taxi having a baby or praying into a higher power your van driver will bring you to your destination safely.
Heads up: I’m very detailed. This post is approximately a 38 minute read. No time at all? No worries. You can email the ad-free version on this article to yourself and read it later.
How to start
When I bought my first car I had one million questions. I wasn’t “into” cars and didn’t know much regarding the industry and how things worked. Most people go to their dads for car advice, so I went to mine. I was lucky because my father worked in the vehicle industry for over twenty five years and then he gave me lots of advice. I got a vehicle I had been happy with. However, within Thailand things work differently. So I used the recommendation from my father and in addition from several great local sources: Damien Kerneis, Co-Founding father of SiamCarDeal, and Wasawad Wasuthasawat, Country Manager at Carsome.co.th.
In addition, i used plenty of online sources and through this post I will give you quotes, figures, and links to useful sites to help you purchase a car in Thailand.
Why Purchase a Car?
Location influences your need to purchase a car. I’m uncertain lots of people located in Central Bangkok could justify having a car as there is good public transport. There’s also plenty of traffic which will make driving a nightmare.
If you wish to travel beyond the downtown area for business, it becomes an absolute necessity to possess private transportation. Using a car might sound good for weekend trips away from the big city, but you need to think of how frequently you might take advantage of the car of course, if it might improve your total well being.
Should you have made a decision to invest in a car, your physical location will help determine which kind of car would best suit your needs. When you travel long distances from your rural area then the larger car for cruising around will make sense. If you reside from the city, selecting a small compact car to create traversing through traffic easier would be the better option. You could adhere to the Thai trend and buy an enormous pickup truck, regardless of where you live.
Pickup truck is really a primary choice for many Thai families.
Long Term vs Temporary
An important factor for a lot of expats to consider is whether they are staying in america for some time- or short-length of time.
Long-term expats have more reason to acquire a car because it is a substantial financial investment in Thailand. Those married, here on retirement visas, or people that have full time jobs who stay for the long term could benefit from possessing a car.
Those here for a while have to consider the resale worth of their car and the way easy it’ll be to market. As you’ll see there is certainly quite a bit of paperwork involved when selling an auto. For anyone here for a brief time, it might not be the most suitable choice. You also have to take into consideration that if you must leave Thailand over a certain date the vehicle needs to be sold at that time that could create problems if you are rushing to find a buyer.
There is always the option for leasing a vehicle for a time period of a few months up to a year or depending on local public transport and taxis. I wouldn’t get a car in the event you aren’t gonna be in Thailand for more than a year-except if you are living in a rural area.
If you’re searching for a brand which holds it value then this best bet is actually a Honda or Toyota or perhaps the top models from Japanese car makers.
One common reason behind buying a car in Thailand is made for once you have children and don’t want to depend upon public transportation. I wouldn’t want to have a baby on a bus or perhaps in a taxi. I feel it will be irresponsible along with a car is the safest way to transport your loved ones in case you are out of reach in the MRT and BTS in Bangkok.
Parents.com have listed their top cars released in 2016 for families. Their list is definitely worth a glance as most models can be found in Thailand.
New Cars vs Used Cars
The most significant choices you’ll need to make is whether you wish to purchase a new or used car. There are advantages and disadvantages to both. A lot of people want to buy new due to lower maintenance costs and frequent special offers. But additionally there is a thriving used car market in Thailand. And the possibility of buying off their expats in Thailand means you are able to undergo many of the process in English.
Once you get a new car, there are a number of advantages. You may get a number of extras thrown in should you be efficient at negotiating. Here in Thailand, most dealers seem to sell at the recommended list prices nevertheless the extras are where you may try and get added value. It’s normal to have the first year’s insurance covered or tinted windows, for example.
If you opt for new, you’ll have assurance knowing you happen to be first owner in the car, so there shouldn’t be any surprises down the road. Purchasing a new car does mean you might have more finance options available, and you’ll have the opportunity to communicate on the dealership relating to your personal situation.
During my research for this particular article, people stated that the dealership where they bought their car also offered them better part-exchanges on new car purchases. The partnership in between the customer and dealer allows expats to inquire about more questions together with the experts before, during, and once the buying process. As you’ll see underneath the buying process isn’t always easy but through the use of a certified dealer you’ll be handling salespeople who may have experience negotiating with expats.
The key benefit from a pre-owned car is that you simply obtain a cheaper group of wheels. There is the potential for a good deal in Thailand, but also in general used cars hold their value well and price a lot more than you would probably pay in western countries.
You also have the option to acquire a pre-owned car coming from a licensed dealer which implies you’ll better your chances of getting a service package or insurance. Used cars can be obtained from many different sources and a number of them provide the cheapest prices available on the market.
One negative for used cars is definitely the 7% VAT that’s added to the bill if you buy from the showroom or second hand car dealer, or utilize a loan to finance the purchase. To prevent this payment you can purchase in cash from the private seller. Buying from your private seller who 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 1st was the number of pickup trucks along with 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 to the Thai love of Japanese products. But I soon discovered other reasons with regard to their popularity. Honda and Toyota are a couple of the vehicle brands which are created in Thailand and get lower taxes and selling prices than imports. Tax can also be the real reason for the large number of pickup trucks. These cars have a reduced excise tax, causing them to be a popular choice for most people.
One other reason for that popularity of these brands is the option of certified mechanics. Every town can have a garage to repair these cars and also the parts are simple to find. Even third-party garages will probably be knowledgeable of top-brand cars.
Wasawad Wasuthasawat said, “black and white” were two of the most popular colors for cars and will be a good option if you were trying to sell your car or truck after several years.
No matter the model, black are white are two most popular colors in Thailand.
Researching shows Toyota, Honda, Isuzu, Mitsubishi, Mazda, Nissan, Suzuki, Ford, Chevrolet, and MG are manufactured in Thailand and therefore are priced superior to other brands. BMW and Mercedes are assembled in Thailand but use imported parts that make them more expensive than they’d be throughout Europe or in America. Imported finished cars and trucks are susceptible to a 300% tax, leading them to be 3 times 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 spare parts.” As this is the type of most taxis in Bangkok, it is without proclaiming that these cars are a great selection for those on a tight budget checking out getting their own wheels in Thailand.
There are many different options in terms of purchasing a car, used or new, in Thailand. Traditional dealerships are popular there is however also an ever-growing list of online options for investing in a car.
The dealership was the initial place I visited when buying an auto in Thailand. I felt reassured when you go to an official dealership and felt I would receive better service and much more legal fallback if there was any problems. Additionally, it seemed simpler to get finance through an authorized dealership than depending on alternative methods, which can be listed later in this post.
I went into the whole process of buying without needing a preference towards brand. My issue was budget. I want to have a BMW, but based on Thailand prices they are not excellent value for the investment-and way out of my cost range. Attending a dealership meant I was able to chose a cheaper brand, examine their entire selection of models, and discuss pricing options. The main benefit is that you have car dealerships in the big cities and towns. Within ten kilometers of my condo in Bangkok, by way of example, I was able to visit a wide range of car dealerships.
Another benefit of a dealership is you can see new and used cars and compare costs and conditions. Most official dealerships also have promotions, and give warranties and extras on not only new cars, but used cars also.
You might also need an opportunity to check drive a vehicle in case you have a Thai driving license, a license from home country, or perhaps an international license.
As with a multitude of locations in Thailand, at dealerships salespeople will treat you according to your appearance. After I walked in wearing a scruffy T-shirt and shorts I got little attention. However, when I went together with jeans, a collar shirt, and dress shoes I needed salespeople jumping over themselves to aid me. Maybe this is just random luck-or bad customer support at some dealerships-however, there is a correlation involving the two.
The Bangkok International Motor Show is one of the most favored places for Thais to get a new car. Sales in the 2015 show were expected to be over 40,000 which is actually a lot to the 7-day event. Often discounts are given and there are excellent promotions. 2017’s event was held with the Impact Arena around the outskirts of Bangkok just before Songkran.
Previously, the big event continues to be criticized to be more about the pretty models, but right after the recent Junta takeover everything has been toned down along with the cars have become taking center stage again.
Additionally it is present with see mini shows within the numerous departmental stores around Thailand. My local mall, Fashion Island, seems to have a minimum of one car company showcasing new models every couple of weeks. They have got huge signs offering discounts yet it is not clear if these represent the same deals you’d get at the dealership. One good thing about these events on the mall is the fact that there exists less pressure to get and also you get the chance to see and sit in a car.
Regenthomecar, an illustration of a car tent in Thailand
Certainly one of my Thai friends informed me I was able to purchase a car in the tent which confused me. I googled “car tent” and found pictures of tents covering cars. It wasn’t until I found this short article where I discovered an automobile tent can be a used-car dealership.
Many cars come with limited warranties and several can be purchased “as seen” so you need to have a true comprehension of cars to have a good buy. Tricks including winding on the mileage and putting different parts into cars do continue on so buyer beware.
Many car tents work along with a finance company plus a loan can be decided on the spot. It’s best to produce a payment and drive the car away. It’s not unknown for car tents to modify parts when a customer pays a deposit and returns later to the car. Also, when you pay by cash the price tag on the vehicle might be beyond if financing, since some car tents get commission from offering loans.
Should you be looking for any car to help you get from point A to point B then seeking bargains at the car tent could be an option.
Car auctions are fantastic fun to look at. The climate is exciting and so i think it is intriguing to learn the tactics in the bidders trying figure out their top price. Investing in a car through auction is a thing I might be wary to test for a variety of reasons though.
The problem is that you need to compete against other bidders and might wind up paying greater than you’re able to within the heat of battle. At auctions you’ll must make quick decisions and can not obtain a full description in the vehicle or have limited chances to inspect it. I wouldn’t get a car from auction unless I needed full understanding of the automobile and may inspect the automobile first, ensuring it had been in good order.
However, you are able to sometimes get a bargain in an auction if others aren’t interested in a vehicle you would like. Individuals with understanding of cars could be confident that they can spot a great deal whenever they see one.
If you’re enthusiastic about car auctions, check out Union-Auction and Manheim, which both have listings for car auctions in Thai and English. Both sites give pictures and descriptions to the cars available and list fees you should pay.
Manheim gives the following information about fees as well as some useful tips on their own FAQ page.
A buyers administration fee of 8,560 baht (including VAT 7%) applies to all lots bought in the financiers vehicle auction and also 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 buy a financiers or salvage vehicle using Simulcast, one more buyer’s fee of 1,420 baht applies. If you buy a motorcycle using Simulcast, one more buyer’s fee of 250 baht applies. Full payment in cash or bank check is required 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 for your 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 want to bid on, for example the documents
Pay by internet bank transfer to the safest means of payment
All cars can be purchased “as is, where is;” there are no returns
Look at the stipulations
Ensure you will have the correct name registered for that auction
Bid clearly and don’t delay until the very last minute.
A simple look on bing shows there are numerous car auctions in Thailand so that you might be able to look for a local independent auction in your area.
Purchasing a car on the web is gaining popularity nowadays. Many sites have popped up in Thailand to meet the needs of the desires of Internet shoppers. These websites cater toward the sales of used cars, however, some websites offer sales newest cars, or links to special deals from dealerships.
There are many listings on forums and social websites that may match you up with a seller. The saying “Buyer Beware” is very important here, because there can be limited recourse in the event the buyer purchases an auto as seen and happens to be a lemon.
For a good source of online cars in Thailand check out the following sites:
This page is easy to use and clear. You enter simple information about your finances, location, and make and model and you get a list of results. Aside from the license plate number, you obtain all things in English, along with the lists provides you with pictures and make contact with number of the seller. Remember this website is for people thinking about buying used cars.
The site is effective if you are looking to have a guide price and discover information regarding your nearest dealer. An important selling reason for this site is they list cars available in dealerships, both new and used. Consequently you are able to grab a good deal from a dealer rather than just from your private individual.
The other selection for online purchases is to check out sites like kaidee.com and bahtsold.com, which offer secondhand goods including cars. Craiglist also provides a web site for used cars in Thailand. Again, buyer beware and recognize that you’re unlikely to acquire any support in the seller following the purchase has been made.
When I would buy my first car around fifteen years ago my dad went right to the newsagents and picked up a duplicate of Auto Trader magazine. It listed 1000s of used cars available for purchase and was like his bible. You could potentially make a price comparison and specs to find out that which was a fair price for many different models.
Nowadays, a great deal of this business has moved online but it’s still possible to find offline car listings in Thailand. National and native newspapers have car sections with private listings, that happen to be worth a style if you would like go this route.
Among my colleagues bought up a car coming from a private listing at his condo. The seller had left a flyer along with the sale progressed quickly since they lived a few rooms far from the other.
Also, many cars in the street have available for purchase posters or stickers on them. You could even visit a available for sale brochure for that car you’re seeking. There’s no exact science to buying an automobile, but fate might provide you with in your dream car around the soi you’re walking down.
When you’ve decided to go ahead making your purchase you do have a few hoops to jump through. Depending on how you purchased the car is dependent upon the amount of these you’ll should do. When buying a brand new car it’s possible that the dealer will look after most, if not completely, of your paperwork for you. However when buying a second hand car, you’ll need to be more practical if buying from the private individual.
After finding the right dealer you must reserve the auto if you are paying a deposit, usually 5,000 – 10,000 baht. The reason behind this really is that cars in Thailand tend to be intended to order. You should get the receipt after making payment on the deposit, stating everything relating to your new car including: model, color, delivery date, and all sorts of freebies you got in the negotiation. Sometimes, it could take approximately six months for that car to get sent to you.
After the car arrives, you should check the car from bumper to bumper. Make sure you accept it to get a test drive and view that every freebies are included. Look at the warranty for the manufacture date, inspection dates, and customer details. Make sure things are all perfect before accepting the car. If possible, bring an automobile expert along with you. Also, take note of the engine number to make certain that this is the same car you inspected.
You need to receive all documents on on that day including car insurance, CPTL, car manual, the temporal red book, as well as the tax sticker.
New cars will need special red license plates which will be replaced with the state white plates in a few months. The fee for these temporary ones is about 2,500 baht but you may be refunded whenever you change onto the white plates. Failure to transfer in the red temporary plates to the white official ones could lead to a fine when you are stopped with the police. A lot of people do love to keep red plates on in order to show that they have a fresh car.
You will get you’re official blue ownership book several days after or on a single day you obtain the white plates. When you finance the auto you’ll get a copy of your blue book. The finance company is going to be listed because the owner of your car. The blue book and car will likely be transferred into your name once the loan is paid off.
When driving with red license plates there are several facts you should be aware. First, it is best to keep the ownership and transfer documents along. When the police plan to hold you back then you’re prone to pay an excellent when you can’t prove ownership. Second, with red plates you happen to be confined to driving during daylight hours and also in the province the automobile is registered to.
All car registration paperwork is addressed from the Department of Land Transport. The dealer should do it for you once all of the following documents have been prepared:
Passport (signed copies of visa pages and information page)
A signed copy of any work permit or possibly a certificate of residency issued by the Immigration Bureau or the applicant’s embassy
A real Thai driving license
If you prefer a specific registration plate number, it could be done 2 months in advance before your automobile arrives with the Department of Land Transport. A duplicate of your own passport, residential certificate, and the car purchase contract will be required. Though some car dealerships will be able to do this to get a small fee.
Department of Land Transport in Bangkok Area 3
Before choosing a used car, check the car’s Blue Book or its copy (when the car is financed) together with checking the automobile. The engine number ought to be the identical to exactly what is on the blue book. This ensures the automobile is one of the seller and prevents unexpected problems such as purchasing a stolen car. If a seller cannot demonstrate the blue book, it’s better to take your hard earned money elsewhere.
Although the required documents through the buyer are similar as registering a whole new car, the process of buying a used car may be separated by five common cases.
The first case is to purchase the auto coming from a second hand car dealer such as a car tent. Prices are typically more than buying from your private seller but they’ll have every piece of information related to the vehicle transfer and also keep up with the financial loan.
The second case is to buy from your private seller assuming you might have enough cash. You’ll need to handle every one of the paperwork yourself. A non-public seller provides documents just like a signed copy of their ID Card, a signed copy in their house registration, Blue Book, the potency of attorney, and also the transfer of ownership. They allow the buyer complete the full process once all things are given money for. Or 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 adequate cash however the car is still on finance. It’s recommended that you should proceed to the finance company alongside the seller and complete the investment contract and transaction there. The finance company needs to be the one to perform the paperwork and send an updated Blue Book together with your name within 2 weeks.
If you want to finance the car you must pay a deposit ahead of time, normally at 5,000 baht-make sure to sign the deposit contract. The owner should give you a couple weeks for creating the financial loan. Once it’s approved, you must get a check issued with the seller’s name. Then, the owner should provide you with the necessary documents to make the automobile transfer. You may handle the rest yourself or maybe the seller can proceed to the Department of Land Transport together with you. If you can’t have a loan on time, the owner has right to take the deposit unless it’s negotiated beforehand.
If your car remains on finance and you have to get a loan to purchase the auto, the simplest way is to go to the finance company and possess them transfer the money into your name. You might still must pay a share towards the seller plus a processing fee on the finance company though.
The transfer process takes several steps. The initial step is usually to submit all paperwork and obtain it checked and stamped by an official. During this period, they can request you to revisit in a few days if you bought a car from another province. When everything has been checked, you have to revisit and inspect the vehicle. The inspection makes sure the automobile matches the specifics on the submitted forms and that we now have not one other problems. Finally you may be asked to return to collect plates and also the Blue Book.
If the car is transferred in the same province, everything needs to be finished within several hours. If it’s moved to another province, it will require several days.
For a look at doing the procedure yourself click here for an account of registering a car yourself in Chiang Mai. This report comes from four years ago however the process continues to be the same. The total dexupky01 inside the article is 940 baht to sign up the car. It took a lot of time for the reason that owner bought the automobile from Bangkok and registered the car in Chiang Mai.
The transfer cost is different depending on the estimated amount of the sale price of your vehicle. There’s a 105 baht for transferring fee along with a stamp fee of .005 baht from your estimated car price. For instance, in case the car is estimated at 300,000 baht, the whole transfer cost would be 1,605 baht (105 (300000 x .005)).
Finally, when you are unable to get it done yourself, you may give the potency of attorney to a different one person to perform the paperwork for you.
Used cars registered in a different province will require a new list of plates. The fee for this is around 200-300 baht.
One of my biggest concerns when choosing a car was in which the money will come from. In spite of the lowest priced models I might still have to borrow to complete the sale.
It’s feasible for foreigners to have loans in Thailand to get a vehicle but there are strict restrictions. The foreigner will need to have a banking accounts with good standing at a local bank. The foreigner demands a work permit or similar showing they’re here lasting. A lot of people stated they have been successful receiving a auto loan employing a tourist visa, but it really seems to take plenty of effort, needs a much higher deposit payment, and it is determined with the manager at every place.
To the first car a foreigner buys they are going to need to have a Thai guarantor. This is usually a relative or friend but they need to be aware about the situation and what will happen in the event the foreigner defaults in the loan. For the purchase of all cars thereafter and where loan is via a similar source, a guarantor is not really needed. The exception to needing a guarantor takes place when the deposit payment is between 50-70%.
The very last stipulation for obtaining financing is the fact the absolute minimum advance payment of approximately 20% is needed. Sometimes a bank will ask for a higher deposit when you are new in the country or have limited funds in your bank. In any event be sure to prepare copies of your work permit, passport, bank statement, and wage slips before applying for a loan.
Reuters reported how the rate of loan defaults has been rising due to the poor performance of your Thai economy and increasing household debt. Hence the conditions for obtaining financing are getting to be stricter and the bank may request a Thai guarantor depending on your circumstances. One positive is the banks are able to loan money to foreigners for auto purchases, unlike in terms of financing property. In addition they offer special incentives including % interest introductory offers.