Everyone transportation technique is unreliable in many parts of Thailand. Using a car is important for most Thais and expats who live here. Sure Bangkok provides the BTS and MRT. And most major towns and cities use a van network and local buses or songthaews. But these don’t serve the requirements of everyone. I won’t argue that the BTS and MRT are perfect systems, but they’re inadequate for the needs of the town. And they’re only suited to those living in the central zone. Many expats are living in areas such as Chonburi, Phuket and Chiang Mai, where subway lines and sky trains will still be a distant dream.
Sweating inside a bus, risking safety in a public van, and waiting on unscheduled buses signifies that many individuals choose to get a car, especially those living away from Bangkok. The caliber of life and freedom that owning car for cash gives you constitutes a big difference. Imagine traveling on the bus or perhaps in a taxi with a baby or praying to a higher power that your particular van driver will bring you to the destination safely.
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Where to begin
When I bought my first car I had one million questions. I wasn’t “into” cars and didn’t know much about the industry and just how things worked. A lot of people visit their dads for car advice, therefore i traveled to mine. I was lucky because my father worked in the vehicle industry for more than 25 years and the man provided a great deal of advice. I purchased an auto I had been pleased with. However, in Thailand things work differently. Thus I used the advice from my father and in addition from a number of great local sources: Damien Kerneis, Co-Founding father of SiamCarDeal, and Wasawad Wasuthasawat, Country Manager at Carsome.co.th.
Furthermore, i used lots of online sources and through this post I provides you with quotes, figures, and links to useful sites to help you get a car in Thailand.
Why Buy a Car?
Location influences your must buy a car. I’m unsure many individuals living in Central Bangkok could justify having a car because there is good public transport. There’s also lots of traffic which may make driving a nightmare.
If you need to travel beyond the downtown area for business, it will become an absolute necessity to possess private transportation. Possessing a car may appear beneficial to weekend trips away from the big city, but you must consider how frequently you would probably make use of the car and in case it would boost your standard of living.
Should you have chosen to invest in a car, your physical location will help determine what kind of car would best meet your needs. When you travel long distances from a rural area then the larger car for cruising around would make sense. If you reside inside the city, choosing a small compact car to create traversing through traffic easier is definitely the better choice. You could adhere to the Thai trend and purchase a tremendous pickup truck, regardless of where you live.
Pickup truck is a primary choice for many Thai families.
Long Lasting vs Short-term
A key factor for many expats to take into consideration is if they are staying in the nation for a- or short-time period.
Long-term expats convey more reason to purchase an automobile as 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 haul may benefit from having a car.
Those here for a short moment have to take into account the resale value of their car and how easy it’ll be to offer. As you’ll see there exists a substantial amount of paperwork involved when selling an automobile. For all those for a quick time, it may not be your best option. You should also consider that should you must leave Thailand over a certain date the auto needs to be sold by then which may cause problems in case you are rushing to identify a buyer.
There is certainly always a choice of leasing an auto for a period of several months to a year or relying upon local public transport and taxis. I wouldn’t purchase a car should you aren’t will be in Thailand for more than a year-except if you are living in a rural area.
If you’re seeking 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 reason behind purchasing a car in Thailand is designed for once you have a family and don’t desire to depend on public transportation. I wouldn’t desire to go on a baby over a bus or in a taxi. I feel it could be irresponsible and a car will be the safest approach to transport your family in case you are unattainable of the MRT and BTS in Bangkok.
Parents.com have listed their top cars released in 2016 for families. A list is worth a style as most models can be purchased in Thailand.
New Cars vs Used Cars
One of the primary choices you’ll must make is if you want to purchase a new or used car. You will find positives and negatives to both. Many people want to buy new due to the lower maintenance costs and frequent deals. But there is also a thriving used car market in Thailand. And the potential of buying from other expats in Thailand means you may proceed through many of the process in English.
When you buy a new car, there are numerous of benefits. You can aquire a number of extras thrown in in case you are efficient at negotiating. Within Thailand, most dealers appear to sell with the recommended list prices however the extras are where you could try and get added value. It’s normal to acquire the initial year’s insurance covered or tinted windows, for example.
If you purchase new, you’ll have peace of mind knowing you are the first owner in the car, so there shouldn’t be any surprises later on. Buying a new car means you might have more finance options available, and you’ll have the opportunity to talk towards the dealership relating to your personal situation.
During my research with this article, people stated that the dealership where they bought their car also offered them better part-exchanges on new car purchases. The connection between the customer and dealer allows expats to question more questions together with the experts before, during, and following the buying process. As you’ll see underneath the shopping process isn’t always easy but by making use of an authorized dealer you’ll be dealing with salespeople that have experience negotiating with expats.
The major good thing about a pre-owned car is that you simply get a cheaper pair of wheels. There is a possibility of a good deal in Thailand, but in general used cars hold their value well and price a lot more than you would pay in western countries.
You also have the possibility to purchase a second hand car from a licensed dealer which implies you’ll better your odds of receiving a service package or insurance. Used cars are available from numerous sources and some of them provide you with the cheapest prices out there.
One negative for used cars is definitely the 7% VAT that’s added to the bill if you opt for coming from a showroom or second hand car dealer, or use a loan to finance the acquisition. To prevent this payment you can buy in cash coming from a private seller. Buying from a private seller that has looked after their car is a superb option. Thai people call these “house cars.”
Looking around the roads of Thailand I saw two trends. The initial was the quantity of pickup trucks and also the second was the buzz of Honda and Toyota cars.
From the UK in which the roads are full of Fords and Renaults, I put the amount of Hondas and Toyotas as a result of the Thai love of Japanese products. Nevertheless I soon discovered other reasons with regard to their popularity. Honda and Toyota are a pair of the vehicle brands that are made in Thailand and get lower taxes and selling prices than imports. Tax can also be the real reason for the great number of pickup trucks. These cars have a reduced excise tax, leading them to be a common choice for most people.
One more reason for that rise in popularity of those two brands is definitely the accessibility of certified mechanics. Every town will have a garage to repair these cars and the parts are super easy to locate. Even third-party garages is going to be knowledgeable of top-brand cars.
Wasawad Wasuthasawat said, “black and white” were two of the most popular colors for cars and would be a good option if you are looking to sell your vehicle after several years.
Irrespective of the model, black are white are two most in-demand colors in Thailand.
Researching shows Toyota, Honda, Isuzu, Mitsubishi, Mazda, Nissan, Suzuki, Ford, Chevrolet, and MG are manufactured in Thailand and so are priced a lot better than other brands. BMW and Mercedes are assembled in Thailand but use imported parts which will make them higher priced than they’d be throughout Europe or in America. Imported finished cars and trucks are subjected to a 300% tax, causing them to be three times more expensive in comparison to Europe or America.
“The Corolla or Altis is probably the best-selling models for the public,” Damien Kerneis said. “It holds its value well and you can easily find spare parts.” Because this is the style of most taxis in Bangkok, it goes without saying that these cars are a wonderful choice for those with limited funds taking a look at getting their own wheels in Thailand.
There are various options with regards to buying a car, used or new, in Thailand. Traditional dealerships are popular but there is also an ever-growing list of online choices for buying a car.
The dealership was the initial place I visited when buying a vehicle in Thailand. I felt reassured by looking at an official dealership and felt I would receive better service and much more legal fallback if there were any problems. Additionally, it seemed simpler to get finance using an authorized dealership than relying on alternative methods, that happen to be listed later in this article.
I went into the entire process of buying without having a preference towards brand. My issue was budget. I would desire to use a BMW, but according to Thailand prices they are not excellent value for the investment-and solution of my cost range. Going to a dealership meant I could possibly selected a cheaper brand, have a look at all of their array of models, and discuss pricing options. The advantage is that 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 variety of car dealerships.
An additional benefit of a dealership is that you can see new and used cars and make a price comparison and conditions. Most official dealerships have promotions, and provide warranties and extras on not just new cars, but used cars as well.
There is also the choice to test drive an auto in case you have a Thai driving license, a license out of your home country, or perhaps an international license.
Just like a multitude of locations in Thailand, at dealerships salespeople will treat you according to the way you look. As I walked in wearing a scruffy T-shirt and shorts I purchased little attention. However, when I went together with jeans, a collar shirt, and dress shoes I needed salespeople jumping over themselves to help you me. Maybe this is just random luck-or bad customer service at some dealerships-however, there is a correlation involving the two.
The Bangkok International Motor Show is among the most popular places for Thais to purchase a whole new car. Sales from the 2015 show were supposed to be over 40,000 which is actually a lot for your 7-day event. Often discounts are given and then there are wonderful promotions. 2017’s event was held in the Impact Arena about the outskirts of Bangkok prior to Songkran.
In the past, the event has been criticized to be more about the pretty models, but after the recent Junta takeover things have been toned down along with the cars have become taking center stage again.
It is additionally present with see mini shows within the numerous shopping centers around Thailand. My local mall, Fashion Island, appears to have one or more car company showcasing new models every few weeks. They have got huge signs offering discounts yet it is not clear if these are the same deals you’d get at the dealership. One advantage of these events at the mall is there may be less pressure to purchase so you have the opportunity to see and sit in a car.
Regenthomecar, a good example of an auto tent in Thailand
Among my Thai friends explained I could possibly invest in a car with the tent which confused me. I googled “car tent” and found pictures of tents covering cars. It wasn’t until I found this post where I discovered an auto tent is really a used-car dealership.
Many cars include limited warranties and several are offered “as seen” so you need to have a genuine knowledge of cars to have a good buy. Tricks like winding along the mileage and putting different parts into cars do continue so buyer beware.
Many car tents work together with a finance company along with a loan could be agreed upon on the spot. It’s best to make a payment and drive the car away. It’s not uncommon 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 car may be beyond if financing, since some car tents get commission from offering loans.
If you are searching to get a car to help you from point A to point B then looking for bargains at the car tent happens to be an option.
Car auctions are great fun to view. The climate is exciting and I believe it is intriguing to analyze the tactics in the bidders trying exercise their top price. Investing in a car through auction can be something I would personally be suspicious to try for many reasons though.
The issue is you need to compete against other bidders and may end up paying over you’re prepared to from the heat of battle. At auctions you’ll have to make quick decisions and may also not get yourself a full description in the vehicle or have limited possibilities to inspect it. I wouldn’t purchase a car from auction unless I needed full expertise in the vehicle and may inspect the car first, ensuring it absolutely was in good order.
However, you can sometimes get yourself a bargain in an auction if others aren’t interested in the vehicle you want. People that have understanding of cars can be confident they can spot a bargain when they see one.
If you’re enthusiastic about car auctions, take a look at Union-Auction and Manheim, which have listings for car auctions in Thai and English. Both sites give pictures and descriptions for the cars available and list fees you should pay.
Manheim allows the following info on fees plus some ideas on their FAQ page.
A buyers administration fee of 8,560 baht (including VAT 7%) pertains to all lots bought in the financiers vehicle auction along with the salvage vehicle auction. The buyer’s fee for burnt out vehicles is 4,000 baht and then 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 extra buyer’s fee of 1,420 baht applies. Should you buy a motorcycle using Simulcast, yet another buyer’s fee of 250 baht applies. Full payment in cash or bank check is essential by 4pm the working day following the sale. VAT is included unless otherwise indicated. Check up on site, in auction catalogues, or with cashiers for fees applicable in your vehicle.
The auction can be a fun, exciting, fast process. So here’s some tips to help you succeed.
Set your budget
Examine the car you want to buy, including the documents
Pay by internet bank transfer to the safest method of payment
All cars are sold “as is, where is;” you will find no returns
See the terms and conditions
Ensure there is the correct name registered to the auction
Bid clearly and don’t delay until the very last minute.
A simple look on bing shows there are several car auctions in Thailand so you could possibly look for a local independent auction near to you.
Getting a car online is gaining popularity nowadays. Many sites have popped up in Thailand to meet the needs of the desires of Internet shoppers. Websites like these cater toward the sales of used cars, however, many websites offer sales of the latest cars, or links to special offers from dealerships.
Additionally, there are many listings on forums and social networking which may match you up with a seller. The saying “Buyer Beware” is essential here, because there can be limited recourse in the event the buyer purchases a vehicle as seen and turns out to be a lemon.
For an excellent source of online cars in Thailand check out the next sites:
This web site is easy to use and clear. You enter easy information regarding your financial allowance, location, and brand name and you get a listing of results. Aside from the license plate number, you will get everything in English, and the lists will give you pictures and contact amount of the vendor. Remember this page is made for people interested in buying used cars.
The web page is helpful should you be looking to have a guide price and find information regarding your nearest dealer. An important selling point of this website is that they list cars available in dealerships, both new and used. This means that you are able to pick-up a great deal from the dealer and not simply from the private individual.
One other choice for online purchases is to check out sites like kaidee.com and bahtsold.com, which offer secondhand goods including cars. Craiglist even offers a website for used cars in Thailand. Again, buyer beware and know that you’re unlikely to obtain any support in the seller once the purchase continues to be made.
Once I would buy my first car around 10 years ago my dad went instantly to the newsagents and gathered a copy of Auto Trader magazine. It listed 1000s of used cars available for sale and was like his bible. You might do a price comparison and specs to view that which was an acceptable price for different models.
Nowadays, a lot of this business has moved online but it’s still possible to find offline car listings here in Thailand. National and native newspapers have car sections with private listings, which can be worth a style if you want to go this route.
One of my colleagues bought up an auto coming from a private listing at his condo. The vendor had left a flyer and the sale progressed quickly as they lived a couple of rooms clear of one another.
Also, many cars from the street have on the market posters or stickers to them. You might even visit a for sale brochure for your car you’re seeking. There’s no exact science to purchasing an auto, but fate might give you to your dream car in the soi you’re walking down.
When you’ve decided to go ahead and then make your purchase you do have a few hoops to leap through. Depending on how you bought the vehicle is determined by how much of these you’ll have to do. When selecting a brand new car it’s possible that the dealer will look after most, if not all, in the paperwork for you. But once buying a used car, you’ll have to be more hands on if buying from the private individual.
After choosing the best dealer you should reserve the vehicle if you are paying a deposit, usually 5,000 – ten thousand baht. The real reason for this is that cars in Thailand are usually intended to order. You ought to get the receipt after making payment on the deposit, stating everything about your new car including: model, color, delivery date, and freebies you got from the negotiation. Sometimes, it might take as much as 6 months for your car to be transported to you.
After the car arrives, you have to check the car from bumper to bumper. Make sure to bring it for the test drive and look that every freebies are included. Look into the warranty for that manufacture date, inspection dates, and customer details. Make sure all things are perfect before accepting the vehicle. If at all possible, bring an automobile expert along with you. Also, take note of the engine number to make certain that this is actually the same car you inspected.
You need to receive all documents on that day including car insurance, CPTL, car manual, the temporal red book, as well as the tax sticker.
New cars will require special red license plates which will be substituted for the state white plates in certain months. The price of these temporary ones is just about 2,500 baht but you may be refunded when you change to the white plates. Failure to transfer through the red temporary plates towards the white official ones could lead to a great when you are pulled over with the police. Many people do prefer to keep red plates on in order 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 obtain the white plates. In the event you finance the auto you’ll get a copy in the blue book. The finance company will be listed because the owner of your car. The blue book and car will probably be transferred into your name when the loan is paid off.
When driving with red license plates there are many facts you must be aware of. First, it is best to keep the ownership and transfer documents together with you. If the police decide to hold you back then you’re prone to pay an excellent when you can’t prove ownership. Second, with red plates you are limited to driving during daylight hours and then in the province the car is registered to.
All car registration paperwork is handled with the Department of Land Transport. The dealer ought to do it for you once all the following documents happen to be prepared:
Passport (signed copies of all visa pages and data page)
A signed copy of your work permit or even a certificate of residency from the Immigration Bureau or maybe the applicant’s embassy
A sound Thai driving license
If you want a specific registration plate number, it can be done 2 months in advance before your vehicle arrives with the Department of Land Transport. A duplicate of your passport, residential certificate, and the car purchase contract are essential. Though some car dealerships must be able to do that 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 (if the car is financed) as well as checking the auto. The engine number needs to be the identical to what is listed on the blue book. This ensures your vehicle belongs to the seller and prevents unexpected problems such as buying a stolen car. When a seller cannot reveal to you the blue book, it’s easier to take your cash elsewhere.
While the required documents from your buyer are identical as registering a brand new car, the process of buying a used car could be separated by five common cases.
The 1st case is to find the auto coming from a used car dealer similar to a car tent. Prices are generally more than buying from your private seller but they’ll have every detail linked to the automobile transfer and even keep up with the financial loan.
Another case is to find from your private seller assuming you have enough cash. You’ll have to handle all 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. Then they let the buyer complete the full process once things are purchased. Or maybe you as well as the seller can arrange a date and visit the Department of Land Transport together to accomplish the transfer.
The next case is that you have enough cash but the car is still on finance. It’s a smart idea to should check out the finance company alongside the seller and finish the investment contract and transaction there. The finance company needs to be the anyone to perform the paperwork and send an updated Blue Book with the name within 14 days.
If you have to finance the automobile you need to pay a deposit upfront, normally at 5,000 baht-ensure that you sign the deposit contract. The owner should offer you a couple weeks for making the financial loan. Once it’s approved, you ought to get a check issued with the seller’s name. Then, the vendor should supply you with the necessary documents for producing the auto transfer. You may handle the rest yourself or the seller can go to the Department of Land Transport along with you. If you can’t have a loan on time, the owner has right to accept deposit unless it’s negotiated beforehand.
If your car remains on finance and you ought to get a loan to buy the auto, the most effective way is to go to the finance company and have them transfer the money to your name. You could possibly still have to pay a portion to the seller plus a processing fee for the finance company though.
The transfer process takes several steps. Step one would be to submit all paperwork and get it checked and stamped by an official. At this time, they might request you to return in some days when you got a new car from another province. When everything has been checked, you need to keep coming back and inspect the auto. The inspection guarantees the car matches the specifics on the submitted forms and there are not one other problems. Finally you will be asked to return to accumulate plates along with the Blue Book.
If the car is transferred in the same province, everything should be finished within several hours. If it’s moved to another province, it will take a couple of days.
For a look at doing the procedure yourself go here for your account of registering an auto yourself in Chiang Mai. This report is produced by 4 years ago however the process remains to be the same. The complete dexupky01 from the article is 940 baht to sign up the car. It took lots of time for the reason that owner bought the vehicle from Bangkok and registered the automobile in Chiang Mai.
The transfer pricing is different in accordance with the estimated volume of the sale importance of your car. There’s a 105 baht for transferring fee as well as a stamp fee of .005 baht in the estimated car price. For instance, if 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 make it happen yourself, you are able to give the potency of attorney to a different person to complete the paperwork to suit your needs.
Used cars registered inside a different province need to have a whole new pair of plates. The fee for this really is around 200-300 baht.
Certainly one of my biggest concerns when choosing a vehicle was in which the money will come from. In spite of the lowest priced models I would personally still must borrow to perform the sale.
It’s feasible for foreigners to acquire loans in Thailand to purchase a car but there are strict restrictions. The foreigner should have a bank account with good standing in a local bank. The foreigner needs a work permit or similar showing they’re here long term. A lot of people stated that they have been successful acquiring a auto loan employing a tourist visa, but it really generally seems to take lots of effort, demands a greater deposit payment, and it is decided upon by the manager at each place.
For that first car a foreigner buys they may want a Thai guarantor. This is often a relative or friend but they need to be conscious of the situation and what occurs if the foreigner defaults around the loan. For purchasing all cars thereafter and in which the loan is by the same source, a guarantor is not really needed. The exception to needing a guarantor is when the deposit payment is between 50-70%.
The final stipulation for obtaining a loan is a minimum advance payment of about 20% is required. Sometimes a bank will ask for a higher downpayment should you be new in the united states or have limited funds inside your bank. In any case be sure to prepare copies of your work permit, passport, bank statement, and wage slips before you apply for a mortgage loan.
Reuters reported that this rate of loan defaults is rising because of the poor performance of your Thai economy and increasing household debt. Hence the conditions for obtaining financing are becoming stricter along with the bank may request a Thai guarantor according to your circumstances. One positive is the fact that banks are willing to loan money to foreigners for auto purchases, unlike with regards to financing property. Additionally, they offer special incentives such as % interest introductory offers.