The general public transportation method is unreliable in the majority of parts of Thailand. Having a car is needed for many Thais and expats who live here. Sure Bangkok has the BTS and MRT. And many major cities and towns use a van network and native buses or songthaews. However these don’t serve the requirements of everyone. I won’t believe that the BTS and MRT are perfect systems, but they’re inadequate for the needs of the metropolis. And they’re only suitable for those living in the central zone. Many expats reside in areas for example Chonburi, Phuket and Chiang Mai, where subway lines and sky trains remain a distant dream.
Sweating within a bus, risking safety within a public van, and waiting on unscheduled buses implies that lots of people opt to purchase a car, especially those living outside of Bangkok. The grade of life and freedom that owning buy car offers you constitutes a huge difference. Imagine traveling over a bus or even in a taxi with a baby or praying into a higher power that your van driver will give you for your destination safely.
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Where to begin
When I bought my first car I had millions of questions. I wasn’t “into” cars and didn’t know much regarding the industry and just how things worked. Most people go to their dads for car advice, so I traveled to mine. I had been lucky because my dad worked in the car industry for more than 25 years and the man provided me with a lot of advice. I bought a vehicle I found myself happy with. However, within Thailand things work differently. Thus I used the advice from my dad and in addition from a few great local sources: Damien Kerneis, Co-Founder of SiamCarDeal, and Wasawad Wasuthasawat, Country Manager at Carsome.co.th.
I also used plenty of online sources and thru this article I gives you quotes, figures, and links to useful sites to help you get a car in Thailand.
Why Purchase a Car?
Location influences your have to get a car. I’m uncertain lots of people living in Central Bangkok could justify using a car since there is good public transport. There’s also plenty of traffic which may make driving a nightmare.
If you wish to travel outside of the downtown area for business, it will become absolutely essential to have private transportation. Using a car may appear beneficial to weekend trips outside of the big city, but you should think of how many times you would use the car and in case it might boost your total well being.
When you have chosen to purchase a car, your physical location will help determine what type of car would best suit your needs. Should you travel long distances from a rural area then this larger car for cruising around would make sense. If you reside in the city, deciding on a small compact car to make traversing through traffic easier will be the better choice. You could keep to the Thai trend and acquire a tremendous pickup truck, no matter where you reside.
Pickup truck can be a primary option for many Thai families.
Lasting vs Short Term
A key factor for a lot of expats to take into account is whether or not they will be staying in the country for a- or short-time frame.
Long-term expats acquire more reason to purchase an automobile as it is a significant financial investment in Thailand. Those married, here on retirement visas, or people that have full-time jobs who stay for the long haul could benefit from possessing a car.
Those here for a short moment have to think about the resale price of their car and just how easy it’ll be to market. As you’ll see there exists quite a bit of paperwork involved when selling an auto. For people for a short time, it might not be the best choice. You must also take into account that should you must leave Thailand on a certain date the car must be sold by then which may create problems should you be rushing to identify a buyer.
There is always the choice of leasing a car for a time period of several months to a year or depending on local public transport and taxis. I wouldn’t invest in a car if you aren’t going to 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 your best choice is a Honda or Toyota or perhaps the top models from Japanese car makers.
One common reason behind investing in a car in Thailand is for when you have children and don’t wish to depend on public transport. I wouldn’t desire to take a baby on the bus or perhaps in a taxi. I feel it could be irresponsible as well as a car may be the safest way to transport your family should you be unattainable in the MRT and BTS in Bangkok.
Parents.com have listed their top cars released in 2016 for families. A list is worth a peek because so many models can be purchased in Thailand.
New Cars vs Used Cars
One of the biggest choices you’ll have to make is if you need to purchase a new or used car. There are actually benefits and drawbacks to both. Lots of people prefer to buy new because of the lower maintenance costs and frequent deals. But there is also a thriving second hand car market in Thailand. And the potential of buying using their company expats in Thailand means you can proceed through a lot of the process in English.
Once you get a new car, there are numerous of advantages. You can aquire a number of extras thrown in in case you are efficient at negotiating. Within Thailand, most dealers seem to sell on the recommended list prices although the extras are where one can try and get added value. It’s normal to acquire the initial year’s insurance covered or tinted windows, for instance.
If you buy new, you’ll have assurance knowing you are the first owner from the car, so there shouldn’t be any surprises later on. Investing in a new car also means you may have more finance options available, and you’ll have the opportunity to speak on the dealership relating to your personal situation.
During my research for this particular article, people claimed 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 inquire about more questions using the experts before, during, and right after the shopping process. As you’ll see below the buying process isn’t always easy but through the use of an authorized dealer you’ll be working with salespeople who may have experience negotiating with expats.
The most important advantage of a pre-owned car is basically that you get a cheaper group of wheels. You have the potential for a good deal in Thailand, nevertheless in general used cars hold their value well and expense a lot more than you would pay in western countries.
You will also have the option to purchase a second hand car coming from a licensed dealer which suggests you’ll better your odds of getting a service package or insurance. Used cars are available from a variety of sources and some of them offer the cheapest prices available on the market.
One negative for used cars is the 7% VAT that’s included with the bill if you pick coming from a showroom or second hand car dealer, or utilize a loan to finance the buying. To avoid this payment you can buy in cash from a private seller. Buying from your private seller having looked after their car is a good option. Thai people call these “house cars.”
Exploring the roads of Thailand I saw two trends. The very first was the volume of pickup trucks and the second was the buzz of Honda and Toyota cars.
From the UK in which the roads are loaded with Fords and Renaults, I put the number of Hondas and Toyotas down to the Thai passion for Japanese products. Having Said That I soon discovered other reasons for his or her popularity. Honda and Toyota are two of the vehicle brands that are created in Thailand and possess lower taxes and selling prices than imports. Tax is also the reason for the large number of pickup trucks. These cars have got a reduced excise tax, causing them to be a popular choice for most people.
Another reason for the popularity of these brands is definitely the option of certified mechanics. Every town may 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 have been a sensible choice had you been seeking to sell your car or truck after a number of years.
Irrespective of 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 created in Thailand and therefore are priced superior to other brands. BMW and Mercedes are assembled in Thailand but use imported parts which make them higher priced than they’d be throughout Europe or in America. Imported finished cars and trucks are at the mercy of a 300% tax, making them three times more costly compared to Europe or America.
“The Corolla or Altis is among the best-selling models for the public,” Damien Kerneis said. “It holds its value well and you can easily find spares.” Since this is the style of most taxis in Bangkok, it is going without proclaiming that these cars are a great selection for those on a budget taking a look at getting their particular wheels in Thailand.
There are numerous options in terms of purchasing a car, used or new, in Thailand. Traditional dealerships are popular however, there is also an ever-growing list of online selections for purchasing a car.
The dealership was the first place I visited when choosing a vehicle in Thailand. I felt reassured by visiting an official dealership and felt I might receive better service and much more legal fallback if there were any problems. Furthermore, it seemed quicker to get finance with an authorized dealership than relying on alternative methods, that are listed later on this page.
I went into the procedure of buying without the need of a preference towards brand. My issue was budget. I want to use a BMW, but according to Thailand prices they are not value for the money-and way out of my price range. Going to a dealership meant I could chose a cheaper brand, examine their whole variety of models, and discuss pricing options. The advantage is that you have car dealerships in all the big towns and cities. Within ten kilometers of my condo in Bangkok, for instance, I could visit a wide array of car dealerships.
An additional benefit of the dealership is that you could see new and used cars and compare costs and conditions. Most official dealerships have promotions, and give warranties and extras on not only new cars, but used cars at the same time.
You will also have the possibility to evaluate drive a vehicle if you have a Thai driving license, a license from your own home country, or perhaps international license.
Similar to many places in Thailand, at dealerships salespeople will treat you according to the way you look. Once I walked in wearing a scruffy T-shirt and shorts I bought little attention. But when I went together with jeans, a collar shirt, and dress shoes I had salespeople jumping over themselves to aid me. Maybe this is just random luck-or bad customer support at some dealerships-there is however a correlation between your two.
The Bangkok International Motor Show is among the most favored places for Thais to acquire a fresh car. Sales from the 2015 show were anticipated to be over 40,000 that is a lot to the 7-day event. Often discounts are shown and then there are wonderful promotions. 2017’s event was held in the Impact Arena on the outskirts of Bangkok just before Songkran.
Before, the case has been criticized for being more about the pretty models, but following the recent Junta takeover stuff has been toned down as well as the cars have become taking center stage again.
It is also common to see mini shows from the numerous shopping centers around Thailand. My local mall, Fashion Island, offers a minumum of one car company showcasing new models every couple of weeks. They already have huge signs offering discounts yet it is not clear if these are the basic same deals you’d get on the dealership. One advantage of these events in the mall is that there is less pressure to purchase and also you have the opportunity to see and sit in the car.
Regenthomecar, an illustration of an automobile tent in Thailand
Certainly one of my Thai friends explained to me I was able to invest in a car with the tent which confused me. I googled “car tent” and located pictures of tents covering cars. It wasn’t until I stumbled upon this article where I realized an auto tent is a used-car dealership.
Many cars have limited warranties and several are sold “as seen” so you have to have an actual idea of cars to acquire a good buy. Tricks such as winding along the mileage and putting different parts into cars do go on so buyer beware.
Many car tents work together with a finance company along with a loan can be agreed upon on the spot. It’s best to generate a payment and drive the car away. It’s not unheard of for car tents to improve parts each time a customer pays a deposit and returns later for that car. Also, if you pay by cash the buying price of the vehicle might be greater than if financing, since some car tents get commission from offering loans.
If you are searching for a car to help you from point A to point B then looking for bargains with a car tent happens to be an option.
Car auctions are great fun to view. The climate is exciting and that i think it is intriguing to study the tactics of your bidders trying workout their top price. Purchasing a car through auction can be something I might be skeptical to try out for a number of reasons though.
The problem is that you need to compete against other bidders and can wind up paying a lot more than you’re willing to in the heat of battle. At auctions you’ll must make quick decisions and can not obtain a full description from the vehicle or have limited opportunities to inspect it. I wouldn’t get a car from auction unless I had full understanding of the vehicle and could inspect the car first, ensuring it absolutely was in good order.
However, it is possible to sometimes obtain a bargain with an auction if others aren’t interested in the vehicle you want. Those that have knowledge of cars might be confident that they may spot a good deal after they see one.
If you’re considering 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 your cars available and list fees you must pay.
Manheim gives the following facts about fees as well as some useful tips on the 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. Should you buy a financiers or salvage vehicle using Simulcast, an additional buyer’s fee of 1,420 baht applies. If you purchase a motorcycle using Simulcast, one more buyer’s fee of 250 baht applies. Full payment in cash or bank check is needed by 4pm the working day right after the sale. VAT is included unless otherwise indicated. Check up on 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
Check the car you would want to buy, for example the documents
Pay by internet bank transfer for the safest means of payment
All cars can be bought “as is, where is;” you can find no returns
Browse the stipulations
Ensure you will find the correct name registered to the auction
Bid clearly and don’t hold back until the last minute.
A brief look on the search engines shows there are many car auctions in Thailand so that you might be able to find a local independent auction near to you.
Buying a car online is becoming more popular 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 new cars, or links to deals from dealerships.
In addition there are many listings on forums and social networking which could match you on top of a seller. The phrase “Buyer Beware” is essential here, because there might be limited recourse in the event the buyer purchases an auto as seen and ends up being a lemon.
For a good source of online cars in Thailand take a look at the subsequent sites:
This site is simple to use and clear. You enter easy information regarding your financial allowance, location, and make and model and you have a selection of results. Apart from the license plate number, you obtain everything in English, and also the lists offers you pictures and make contact with number of the seller. Keep in mind this site is designed for people thinking about buying used cars.
The web page is effective if you are searching to have a guide price and look for specifics of your nearest dealer. A serious selling reason for this website is they list cars obtainable in dealerships, both new and used. Which means that you may pick up a good deal coming from a dealer and not just from the private individual.
One other choice for online purchases is to look at sites like kaidee.com and bahtsold.com, that offers secondhand goods including cars. Craiglist also provides a web site for used cars in Thailand. Again, buyer beware and understand that you’re unlikely to get any support in the seller right after the purchase continues to be made.
As I would buy my first car around 10 years ago my dad went directly to the newsagents and gathered a copy of Auto Trader magazine. It listed thousands of used cars available for purchase and was like his bible. You could potentially compare costs and specs to see what was an acceptable price for a variety of 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, which are worth a look if you would like go this route.
One of my colleagues bought up an auto coming from a private listing at his condo. The owner had left a flyer and also the sale progressed quickly while they lived several rooms away from one another.
Also, many cars within the street have for sale posters or stickers on them. You could even view a available for purchase brochure to the car you’re trying to find. There’s no exact science to purchasing an auto, but fate might bring you to the dream car on the soi you’re walking down.
When you’ve went ahead making your purchase you will have a few hoops to jump through. For the way you bought the automobile depends on how much of the subsequent you’ll need to do. When selecting a new car it’s likely that the dealer can look after most, if not all, in the paperwork for yourself. However when investing in a second hand car, you’ll should be more on the job if buying coming from a private individual.
After choosing the right dealer you have to reserve the vehicle if you are paying a deposit, usually 5,000 – 10,000 baht. The reason behind this is certainly that cars in Thailand are generally intended to order. You ought to get the receipt after making payment on the deposit, stating everything relating to your new car including: model, color, delivery date, and freebies you got from your negotiation. Sometimes, it might take around six months time to the car being transported to you.
Once the car arrives, you should check the car from bumper to bumper. Make sure you carry it to get a test drive and look that all freebies are included. Look into the warranty for the manufacture date, inspection dates, and customer details. Make certain things are all perfect before accepting the automobile. If you can, bring a vehicle expert with you. Also, jot down the engine number to make certain that this is actually the same car you inspected.
You should receive all documents on that day including car insurance, CPTL, car manual, the temporal red book, along with the tax sticker.
New cars will need special red license plates which is substituted with the official white plates in a few months. The price of these temporary ones is just about 2,500 baht but you will be refunded whenever you change up to the white plates. Failure to transfer from your red temporary plates to the white official ones can result in an excellent should you be pulled over from the police. Lots of people do love to keep red plates on simply to show they have a fresh car.
You will get you’re official blue ownership book a couple of days after or on the same day you obtain the white plates. Should you finance the vehicle you’ll have a copy of your blue book. The finance company is going to be listed as being the owner of the car. The blue book and car will probably be transferred into the name when the loan is paid off.
When driving with red license plates there are many items you must be aware of. First, it is best to make your ownership and transfer documents together with you. When the police plan to stop you then you’re prone to pay a fine when you can’t prove ownership. Second, with red plates you happen to be confined to driving during daylight hours as well as in the province the automobile is registered to.
All car registration paperwork is addressed through the Department of Land Transport. The dealer need to do it for you once all of the following documents have been prepared:
Passport (signed copies of most visa pages and information page)
A signed copy of any work permit or possibly a certificate of residency issued by the Immigration Bureau or even the applicant’s embassy
A sound Thai driving license
Should you prefer a specific registration plate number, it may be done 2 months beforehand before your car or truck arrives with the Department of Land Transport. A copy of the passport, residential certificate, as well as the car purchase contract are needed. Though some car dealerships must be able to try this to get a small fee.
Department of Land Transport in Bangkok Area 3
Second Hand Car
Before purchasing a used car, examine the car’s Blue Book or its copy (if the car is financed) together with checking the vehicle. The engine number needs to be the same as exactly what is listed on the blue book. This ensures your vehicle belongs to the seller and prevents unexpected problems including investing in a stolen car. In case a seller cannot reveal to you the blue book, it’s preferable to take your hard earned money elsewhere.
Even though the required documents in the buyer are exactly the same as registering a new car, the method of purchasing a second hand car might be separated by five common cases.
The 1st case is to buy the auto from the second hand car dealer just like a car tent. Prices are generally greater than buying coming from a private seller but they’ll have every piece of information relevant to the automobile transfer and also handle the financial loan.
The 2nd case is to find coming from a private seller assuming you might have enough cash. You’ll have to handle all the paperwork yourself. A private seller provides documents similar to a signed copy of the ID Card, a signed copy with their house registration, Blue Book, the strength of attorney, as well as the transfer of ownership. They let the buyer complete the full process once everything is paid for. Or else you as well as the seller can arrange a date and check out the Department of Land Transport together to complete the transfer.
The third case is that you simply have plenty of cash however the car remains to be on finance. It’s recommended that you should go to the finance company alongside the seller and complete the buying contract and transaction there. The finance company should be the a person to perform the paperwork and send an updated Blue Book together with your name within two weeks.
If you wish to finance the automobile you need to pay a deposit in advance, normally at 5,000 baht-make sure to sign the deposit contract. The vendor should provide you with a month or so for producing the financial loan. Once it’s approved, you should get a check issued with the seller’s name. Then, the owner should offer the necessary documents to make the automobile transfer. You may handle the others yourself or the seller can proceed to the Department of Land Transport along. If you can’t get a loan on time, the vendor has right to take the deposit unless it’s negotiated beforehand.
If your car remains on finance and you need to get financing to purchase the vehicle, the most effective way is to attend the finance company and also have them transfer the money into the name. You could possibly still have to pay a share for the seller as well as a processing fee on the finance company though.
The transfer process takes several steps. The initial step would be to submit all paperwork and obtain it checked and stamped by an official. At this stage, they may have you come back in certain days should you purchased a car from another province. When all things have been checked, you must revisit and inspect the car. The inspection guarantees the automobile matches the facts on the submitted forms and that we now have not one other problems. Finally you will be asked to come back to recover plates and the Blue Book.
If the car is transferred throughout the same province, everything needs to be finished within several hours. If it’s transferred to another province, it will take several days.
For a short look at doing the procedure yourself click here for a merchant account of registering a vehicle yourself in Chiang Mai. This report is produced by 4 years ago however the process continues to be the same. The entire dexupky01 within the article is 940 baht to sign up the vehicle. It took lots of time since the owner bought the auto from Bangkok and registered your vehicle in Chiang Mai.
The transfer expense is different in accordance with the estimated level of the sale importance of your car or truck. There’s a 105 baht for transferring fee along with a stamp fee of .005 baht in the estimated car price. For example, if the car is estimated at 300,000 baht, the entire transfer cost can be 1,605 baht (105 (300000 x .005)).
Finally, should you be unable to accomplish it yourself, it is possible to give the effectiveness of attorney to a different one person to accomplish the paperwork for you.
Used cars registered inside a different province will be needing a brand new pair of plates. The cost of this can be around 200-300 baht.
Among my biggest concerns when choosing an auto was where the money would come from. In spite of the cheapest models I would personally still have to borrow to accomplish the sale.
It’s feasible for foreigners to get loans in Thailand to buy an automobile but there are strict restrictions. The foreigner should have a checking account with good standing at a local bank. The foreigner wants a work permit or similar showing they’re here long lasting. Many people stated that they have been successful obtaining a car loan utilizing a tourist visa, but it really has a tendency to take plenty of effort, demands a much higher deposit payment, and is also decided upon with the manager at each place.
For the first car a foreigner buys they may need a Thai guarantor. This can be a relative or friend but they should be conscious of the circumstance and what occurs when the foreigner defaults about the loan. For the purchase of all cars thereafter and where loan is through exactly the same source, a guarantor is not really needed. The exception to needing a guarantor takes place when the deposit payment is between 50-70%.
The ultimate stipulation to get a loan is the absolute minimum deposit of about 20% is necessary. Sometimes a bank will ask for a higher downpayment in case you are new in the united states or have limited funds within your bank. In either case be sure to prepare copies of your own work permit, passport, bank statement, and wage slips before applying for a mortgage loan.
Reuters reported how the rate of loan defaults has become rising because of the poor performance in the Thai economy and increasing household debt. Hence the conditions in order to get a loan are getting to be stricter as well as the bank may request a Thai guarantor according to your circumstances. One positive is that the banks are prepared to loan money to foreigners for auto purchases, unlike when it comes to financing property. Additionally, they offer special incentives like % interest introductory offers.