People transportation system is unreliable generally in most parts of Thailand. Developing a car is essential for most Thais and expats who live here. Sure Bangkok has got the BTS and MRT. And many major cities and towns have a van network and native buses or songthaews. However these don’t serve the requirements of everyone. I won’t argue that the BTS and MRT are excellent systems, but they’re inadequate for the requirements of the city. And they’re only ideal for those located in the central zone. Many expats reside 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 the public van, and waiting on unscheduled buses means that many people choose to get a car, specially those living beyond Bangkok. The caliber of life and freedom that owning buy car in thailand gives you creates a big difference. Imagine traveling with a bus or maybe in a taxi with a baby or praying to a higher power that your van driver will bring you for your destination safely.
Heads up: I’m very detailed. This article is approximately a 38 minute read. No time? No worries. You can email the ad-free version of this article to yourself and study it later.
How to start
Once I bought my first car I had a million 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 went to mine. I was lucky because my dad worked in a vehicle industry for over 25 years and he gave me a great deal of advice. I got a car I found myself pleased with. However, here in Thailand things work differently. Thus I used the advice from my father and also from a few great local sources: Damien Kerneis, Co-Founding father of SiamCarDeal, and Wasawad Wasuthasawat, Country Manager at Carsome.co.th.
I also used a lot of online sources and through this post I will give you quotes, figures, and links to useful sites to assist you purchase a car in Thailand.
Why Purchase a Car?
Location influences your must purchase a car. I’m unsure a lot of people located in Central Bangkok could justify developing a car since there is good public transport. There’s also a great deal of traffic which would make driving a nightmare.
If you wish to travel beyond the downtown area for business, it gets an absolute necessity to obtain private transportation. Possessing a car may appear good for weekend trips away from the big city, but you need to think of how many times you will utilize the car of course, if it could boost your standard of living.
Should you have decided to invest in a car, your physical location might help determine what type of car would best meet your requirements. Should you travel long distances from your rural area then the larger car for cruising around would make sense. If you reside within the city, deciding on a small compact car to help make traversing through traffic easier will be the better choice. You can follow the Thai trend and buy a massive pickup truck, wherever you live.
Pickup truck is really a number 1 option for many Thai families.
Lasting vs Short Term
A key factor for most expats to take into consideration is if they are staying in the nation for some time- or short-time frame.
Long term expats have more reason to buy an automobile 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 haul may benefit from using a car.
Those here for a while should think about the resale price of their car and exactly how easy it’ll be to sell. As you’ll see there is certainly a considerable amount of paperwork involved when selling an automobile. For all those for a brief time, it may not be the best choice. You must also consider that if you must leave Thailand on the certain date the auto should be sold at that time which could create problems if you are rushing to locate a buyer.
There exists always the option of leasing a vehicle for a time period of a couple of months to a year or relying on local public transport and taxis. I wouldn’t get a car if you aren’t gonna be in Thailand for more than a year-unless you are living in a rural area.
If you’re seeking a brand which holds it value then this best option is actually a Honda or Toyota or maybe the top models from Japanese car makers.
One common reason for buying a car in Thailand is designed for if you have a family and don’t want to rely on public transit. I wouldn’t would like to take a baby with a bus or in a taxi. I feel it will be irresponsible along with a car is the safest way to transport your family members when you are out of reach of the MRT and BTS in Bangkok.
Parents.com have listed their top cars released in 2016 for families. This list is worth a style as many models can be found in Thailand.
New Cars vs Used Cars
One of the biggest choices you’ll need to make is if you wish to buy a used or new car. There are advantages and drawbacks to both. A lot of people choose to buy new because of the lower maintenance costs and frequent deals. But additionally there is a thriving used car market in Thailand. And the opportunity of buying using their company expats in Thailand means you are able to experience most of the process in English.
Once you buy a new car, there are numerous of advantages. You may get a lot of extras thrown in when you are great at negotiating. In Thailand, most dealers manage to sell with the recommended list prices but the extras are where you may attempt to get added value. It’s normal to get the initial year’s insurance covered or tinted windows, as an example.
If you buy new, you’ll have assurance knowing you happen to be first owner of your car, so there shouldn’t be any surprises later on. Purchasing a new car does mean you possess more finance options accessible to you, and you’ll have the opportunity to talk towards the dealership relating to your personal situation.
During my research just for this article, people mentioned that the dealership where they bought their car also offered them better part-exchanges on new car purchases. The connection involving the customer and dealer allows expats to question more questions using the experts before, during, and once the buying process. As you’ll see beneath the shopping process isn’t always easy but by making use of a certified dealer you’ll be handling salespeople who definitely have experience negotiating with expats.
The major benefit from a second hand car is that you obtain a cheaper list of wheels. There is the prospect of a bargain in Thailand, but also in general used cars hold their value well and price over you will pay in western countries.
You will also have the option to get a pre-owned car from a licensed dealer which means you’ll better your chances of receiving a service package or insurance. Used cars can be purchased from numerous sources and some of them offer the cheapest prices in the marketplace.
One negative for used cars is the 7% VAT that’s included in the bill if you pick from a showroom or second hand car dealer, or work with a loan to finance the investment. In order to avoid this payment you can aquire in cash from a private seller. Buying from your private seller having 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 popularity of Honda and Toyota cars.
Coming from the UK the location where the roads are loaded with Fords and Renaults, I put the quantity of Hondas and Toyotas down to the Thai love of Japanese products. Nevertheless I soon discovered some other reasons for his or her popularity. Honda and Toyota are a pair of the car brands which can be created in Thailand and also have lower taxes and selling prices than imports. Tax is also the reason for the great number of pickup trucks. These cars have got a reduced excise tax, leading them to be a popular choice for many people.
Another reason why for the demand for these brands may be the accessibility of certified mechanics. Every town could have a garage to repair these cars and also the parts are super easy to come by. Even third-party garages will likely 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 should you be seeking to sell your automobile after a few years.
Whatever the model, black are white are two most widely used colors in Thailand.
Researching shows Toyota, Honda, Isuzu, Mitsubishi, Mazda, Nissan, Suzuki, Ford, Chevrolet, and MG are made in Thailand and so are priced superior to other brands. BMW and Mercedes are assembled in Thailand but use imported parts which can make them more expensive than they’d be throughout Europe or perhaps in America. Imported finished cars and trucks are subjected to a 300% tax, leading them to be 3 times more pricey in comparison 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 actually find spare parts.” Since this is the type of most taxis in Bangkok, it is without praoclaiming that these cars are a good option for those on a tight budget considering getting their very own wheels in Thailand.
There are many different options with regards to buying a car, used or new, in Thailand. Traditional dealerships are popular there is however also an ever-growing listing of online options for buying a car.
The dealership was the first place I visited when buying a car in Thailand. I felt reassured by going to an official dealership and felt I would personally receive better service plus more legal fallback if there have been any problems. In addition, it seemed much easier to get finance via an authorized dealership than relying on alternative methods, that are listed later in this article.
I went into the whole process of buying with out a preference towards brand. My issue was budget. I want to have a BMW, but based upon Thailand prices they are certainly not excellent value for the money-and solution of my price range. Going to a dealership meant I could possibly chose a cheaper brand, have a look at their whole variety of models, and discuss pricing options. The benefit is that we now have car dealerships in the big towns and cities. Within ten kilometers of my condo in Bangkok, by way of example, I could visit an array of car dealerships.
An additional benefit of any dealership is that you can see new and used cars and make a price comparison and conditions. Most official dealerships have promotions, and supply warranties and extras on not merely new cars, but used cars at the same time.
You will also have the choice to check drive an auto when you have a Thai driving license, a license from your home country, or even an international license.
As with a multitude of locations in Thailand, at dealerships salespeople will treat you in accordance with your appearance. After I walked in wearing a scruffy T-shirt and shorts I purchased little attention. But when I went in with jeans, a collar shirt, and dress shoes I had salespeople jumping over themselves to help me. Maybe this became just random luck-or bad customer service at some dealerships-but there is a correlation in between the two.
The Bangkok International Motor Show is among the most widely used places for Thais to purchase a fresh car. Sales in the 2015 show were supposed to be over 40,000 and that is a lot for the 7-day event. Often discounts are provided where there are great promotions. 2017’s event was held on the Impact Arena around the outskirts of Bangkok before Songkran.
Before, the big event has become criticized as being 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 also common to see mini shows within the numerous shopping malls around Thailand. My local mall, Fashion Island, seems to have a minumum of one 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 benefit from these events at the mall is there exists less pressure to buy and you also get the chance to see and sit in the car.
Regenthomecar, an illustration of this a car tent in Thailand
Certainly one of my Thai friends explained to me I could possibly get a car at the tent which confused me. I googled “car tent” and found pictures of tents covering cars. It wasn’t until I came across this article where I found out an auto tent is really a used-car dealership.
Many cars include limited warranties and many can be bought “as seen” so you should have an actual understanding of cars to obtain a good buy. Tricks for example winding along the mileage and putting different parts into cars do continue on so buyer beware.
Many car tents work jointly with a finance company and a loan could be agreed upon on the spot. It’s best to produce a payment and drive the vehicle away. It’s not uncommon for car tents to change parts whenever a customer pays a deposit and comes back later for the car. Also, in the event you pay by cash the buying price of the vehicle could 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 trying to find bargains at a car tent could be an option.
Car auctions are excellent fun to look at. The atmosphere is exciting and that i think it is intriguing to learn the tactics in the bidders trying exercise their top price. Getting a car through auction is something I would be wary to use for many reasons though.
The problem is that you need to compete against other bidders and could turn out paying over you’re ready to inside the heat of battle. At auctions you’ll need to make quick decisions and can not have a full description of your vehicle or have limited opportunities to inspect it. I wouldn’t buy a car from auction unless I needed full familiarity with the car and could inspect the vehicle first, ensuring it was actually in good order.
However, it is possible to sometimes have a bargain in an auction if others aren’t interested in a car you desire. Those that have knowledge of cars could be confident that they can spot a great deal when they see one.
If you’re considering 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 for that cars available and list fees you must pay.
Manheim allows the following information on fees plus some useful tips on his or her FAQ page.
A buyers administration fee of 8,560 baht (including VAT 7%) pertains to all lots purchased 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, one more 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. Check into site, in auction catalogues, or with cashiers for fees applicable to the vehicle.
The auction is a fun, exciting, fast process. So here’s some tips to help you succeed.
Set yourself a budget
Examine the car you would like to buy, for example the documents
Pay by internet bank transfer for that safest means of payment
All cars are offered “as is, where is;” you can find no returns
See the terms and conditions
Ensure you will have the correct name registered to the auction
Bid clearly and don’t hold off until the last minute.
A fast look on Google shows there are numerous car auctions in Thailand which means you might be able to find a local independent auction near you.
Buying 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 web sites cater toward the sales of used cars, however, some websites offer sales newest cars, or links to promotions from dealerships.
There are also many listings on forums and social media marketing that may match you track of a seller. The saying “Buyer Beware” is essential here, because there could be limited recourse if the buyer purchases a car as seen and ends up being a lemon.
For a good source of online cars in Thailand check out the next sites:
This web site is simple to operate and clear. You enter a few simple specifics about your financial budget, location, and brand name and you get a listing of results. Apart from the license plate number, you get everything in English, as well as the lists gives you pictures and contact amount of the owner. Take into account this web site is for people considering buying used cars.
The web page is helpful if you are looking to get a guide price and look for details about your nearest dealer. A major selling reason for this web site is simply because they list cars obtainable in dealerships, both new and used. Which means that it is possible to pick-up a bargain from a dealer and not simply from the private individual.
One other selection for online purchases is to consider 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 recognize that you’re unlikely to acquire any support through the seller once the purchase has become made.
After I was going to buy my first car around 15 years ago my father went right to the newsagents and picked up a copy of Auto Trader magazine. It listed a huge number of used cars available for sale and was like his bible. You could potentially make a price comparison and specs to see what was an acceptable price for a variety of models.
Nowadays, a lot of this business has moved online but it’s still possible to find offline car listings in Thailand. National and local newspapers have car sections with private listings, which can be worth a glance if you want to go this route.
One of my colleagues bought up an automobile from a private listing at his condo. The vendor had left a flyer as well as the sale progressed quickly as they lived a few rooms away from the other person.
Also, many cars from the street have on the market posters or stickers upon them. You may even see a available for purchase brochure for that car you’re looking for. There’s no exact science to buying a vehicle, but fate might give you for your dream car on the soi you’re walking down.
When you’ve decided to go ahead and make your purchase there is a few hoops to jump through. For the way you bought the automobile depends on how much of the next you’ll must do. When choosing a new car it’s entirely possible that the dealer will be after most, if not all, in the paperwork to suit your needs. But once purchasing a second hand car, you’ll need to be more hands on if buying coming from a private individual.
After finding the right dealer you have to reserve the car if you are paying a deposit, usually 5,000 – ten thousand baht. The reason for this is that cars in Thailand are usually designed to order. You ought to get the receipt after paying 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 might take approximately half a year for your car to become transported to you.
When the car arrives, you have to check the car from bumper to bumper. Be sure you accept it for a test drive and look that freebies are included. Look into the warranty for your manufacture date, inspection dates, and customer details. Ensure all things are perfect before accepting the auto. If at all possible, bring an automobile expert together with you. Also, take note of the engine number to ensure that this is basically the same car you inspected.
You must receive all documents on on that day including car insurance, CPTL, car manual, the temporal red book, along with the tax sticker.
New cars will require special red license plates that is to be substituted with the official white plates in some months. The fee for these temporary ones is approximately 2,500 baht but you will end up refunded whenever you change onto the white plates. Failure to transfer from your red temporary plates towards the white official ones could lead to an excellent should you be stopped by the police. A lot of people do like to keep red plates on in order to show they may have a fresh car.
You will definitely get you’re official blue ownership book several days after or on a single day you receive the white plates. In the event you finance the automobile you’ll get a copy from the blue book. The finance company is going to be listed since the owner from the car. The blue book and car will likely be transferred to your name as soon as the loan pays off.
When driving with red license plates there are a few things you should be aware. First, you should always keep the ownership and transfer documents with you. In case the police choose to hold you back then you’re prone to pay a fine when you can’t prove ownership. Second, with red plates you happen to be tied 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 yourself once every one of the following documents happen to be prepared:
Passport (signed copies of most visa pages and information page)
A signed copy of your work permit or perhaps a certificate of residency from the Immigration Bureau or perhaps the applicant’s embassy
A valid Thai driving license
If you prefer a specific registration plate number, it may be done two months ahead of time before your car arrives in the Department of Land Transport. A duplicate of the passport, residential certificate, and the car purchase contract are required. Though some car dealerships should be able to do that to get a small fee.
Department of Land Transport in Bangkok Area 3
Prior to buying a second hand car, examine the car’s Blue Book or its copy (in case the car is financed) in addition to checking the car. The engine number should be the identical to exactly what is on the blue book. This ensures your vehicle belongs to the seller and prevents unexpected problems including buying a stolen car. When a seller cannot show you the blue book, it’s preferable to take your money elsewhere.
Even though the required documents through the buyer are similar as registering a whole new car, the procedure of purchasing a pre-owned car can be separated by five common cases.
The initial case is to buy the auto from a used car dealer like a car tent. Prices are generally beyond buying from a private seller but they’ll have every piece of information related to the car transfer and also take care of the financial loan.
The 2nd case is to purchase from a private seller assuming you have enough cash. You’ll should handle every one of the paperwork yourself. A personal seller provides documents like a signed copy in their ID Card, a signed copy with their house registration, Blue Book, the potency of attorney, as well as the transfer of ownership. Chances are they permit the buyer complete the complete process once things are paid for. Or perhaps you as well as the seller can arrange a date and check out the Department of Land Transport together to accomplish the transfer.
The next case is basically that you have enough cash nevertheless the car is still on finance. It’s a smart idea to should proceed to the finance company together with the seller and finish the investment contract and transaction there. The finance company needs to be the a person to perform paperwork and send an updated Blue Book with the name within fourteen days.
If you wish to finance the vehicle you must pay a deposit beforehand, normally at 5,000 baht-make sure to sign the deposit contract. The owner should supply you with a couple of weeks for producing the financial loan. Once it’s approved, you ought to get a check issued with all the seller’s name. Then, the owner should offer the necessary documents for making the automobile transfer. You are able to handle the remainder yourself or even the seller can visit the Department of Land Transport with you. In the event you can’t get a loan by the due date, the vendor has right to accept deposit unless it’s negotiated beforehand.
When a car continues to be on finance and you have to get a loan to buy the car, the most effective way is to attend the finance company and get them transfer the borrowed funds to your name. You could still have to pay a percentage towards the seller plus a processing fee for the finance company though.
The transfer process takes several steps. The first step is usually to submit all paperwork and have it checked and stamped by an official. At this point, they may request you to revisit in some days should you purchased a car from another province. When all things have been checked, you should come back and inspect the vehicle. The inspection makes sure the vehicle matches the important points around the submitted forms and that we now have not any other problems. Finally you will end up asked to come back to accumulate plates along with the Blue Book.
In case the car is transferred inside the same province, everything should be finished within several hours. If it’s moved to another province, it will take several days.
For a glance at doing the method yourself go here for an account of registering an auto yourself in Chiang Mai. This report is produced by 4 years ago nevertheless the process continues to be the same. The complete dexupky01 within the article is 940 baht to register the automobile. It took time and effort because the owner bought the car from Bangkok and registered the car in Chiang Mai.
The transfer expense is different in line with the estimated quantity of the sale importance of your car. There’s a 105 baht for transferring fee and a stamp fee of .005 baht in the estimated car price. For example, when the car is estimated at 300,000 baht, the whole transfer cost can be 1,605 baht (105 (300000 x .005)).
Finally, when you are unable to do it yourself, it is possible to give the strength of attorney to a different one person to perform the paperwork for yourself.
Used cars registered in the different province need to have a new list of plates. The price of this can be around 200-300 baht.
One among my biggest concerns when purchasing an automobile was where money will come from. Despite having the least expensive models I would still need to borrow to accomplish the sale.
It’s entirely possible that foreigners to obtain loans in Thailand to get a vehicle but you will find strict restrictions. The foreigner need to have a banking accounts with good standing in a local bank. The foreigner wants a work permit or similar showing they’re here lasting. A lot of people stated they have been successful receiving a auto loan utilizing a tourist visa, but it really generally seems to take lots of effort, needs a better deposit payment, which is decided upon from the manager at each place.
For the first car a foreigner buys they may want a Thai guarantor. This is often a relative or friend but they must be aware about the specific situation and what occurs when the foreigner defaults in the loan. For purchasing all cars thereafter and where loan is via exactly the same source, a guarantor is not needed. The exception to needing a guarantor occurs when the deposit payment is between 50-70%.
The final stipulation in order to get that loan is that the absolute minimum advance payment close to 20% is needed. Sometimes a bank will ask for a higher down payment should you be new in the country or have limited funds inside your bank. In any case be sure you prepare copies of your own work permit, passport, bank statement, and wage slips before you apply for a loan.
Reuters reported how the rate of loan defaults has become rising due to the poor performance of your Thai economy and increasing household debt. Hence the conditions for obtaining a loan have become stricter and the bank may request a Thai guarantor based upon your circumstances. One positive is the fact that banks are ready to loan money to foreigners for auto purchases, unlike in relation to financing property. Additionally, they offer special incentives like % interest introductory offers.