The public transportation system is unreliable generally in most aspects of Thailand. Using a car is important for several Thais and expats who live here. Sure Bangkok has the BTS and MRT. And the majority of major towns and cities use a van network and local buses or songthaews. However these don’t serve the requirements everyone. I won’t debate that the BTS and MRT are great systems, but they’re inadequate for the requirements the area. And they’re only appropriate for those living in the central zone. Many expats are now living in areas including Chonburi, Phuket and Chiang Mai, where subway lines and sky trains continue to be a distant dream.
Sweating within a bus, risking safety in the public van, and waiting on unscheduled buses means that many individuals choose to purchase a car, especially those living outside of Bangkok. The standard of life and freedom that owning car for cash provides you with creates a massive difference. Imagine traveling over a bus or in a taxi having a baby or praying into a higher power that your van driver can get you for your destination safely.
Heads up: I’m very detailed. This article is approximately a 38 minute read. No time at all? No worries. You are able to email the ad-free version with this article to yourself and browse it later.
Where to Start
Once I bought my first car I needed a million questions. I wasn’t “into” cars and didn’t know much about the industry and exactly how things worked. Many people head to their dads for car advice, and so i went along to mine. I had been lucky because my father worked in the car industry for more than twenty-five years and then he provided lots of advice. I bought an automobile I had been pleased with. However, here in Thailand things work differently. Therefore 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.
I also used lots of online sources and thru this post I will provide you with quotes, figures, and links to useful sites to assist you to get a car in Thailand.
Why Buy a Car?
Location influences your have to purchase a car. I’m unsure a lot of people located in Central Bangkok could justify having a car as there is good public transport. There’s also a lot of traffic which could make driving a nightmare.
If you wish to travel away from downtown area for business, it becomes absolutely essential to obtain private transportation. Possessing a car might sound good for weekend trips outside of the big city, but you have to take into consideration how many times you will make use of the car of course, if it will enhance your standard of living.
For those who have decided to buy a car, your location may help determine what sort of car would best meet your requirements. Should you travel long distances from the rural area a larger car for cruising around will make sense. If you are living from the city, choosing a small compact car to produce traversing through traffic easier would be the better option. You could potentially keep to the Thai trend and buy a tremendous pickup truck, no matter where you reside.
Pickup truck is really a number 1 selection for many Thai families.
Lasting vs Short Term
A vital factor for many expats to take into consideration is whether or not they will be staying in the united states for some time- or short-length of time.
Long-term expats acquire more reason to purchase a vehicle because it is a tremendous financial investment in Thailand. Those married, here on retirement visas, or people that have full-time jobs who stay for the long term will benefit from possessing a car.
Those here for a short moment must think about the resale importance of their car and just how easy it’ll be to sell. As you’ll see there is a considerable amount of paperwork involved when selling an automobile. For people for a quick time, it may not be the most suitable choice. You also need to take into account that when you must leave Thailand with a certain date the automobile has to be sold by then that could cause problems when you are rushing to locate a buyer.
There is always the choice of leasing a car for a period of a couple of months up to and including year or counting on local public transport and taxis. I wouldn’t invest in a car when you aren’t likely to be in Thailand for more than a year-unless you live in a rural area.
If you’re looking for a brand which holds it value then your best choice can be a Honda or Toyota or perhaps the top models from Japanese car makers.
One common cause of purchasing a car in Thailand is perfect for in case you have a family and don’t wish to count on public transit. I wouldn’t wish to go on a baby on a bus or perhaps in a taxi. I feel it might be irresponsible and a car may be the safest approach to transport your family if you are out of reach of your MRT and BTS in Bangkok.
Parents.com have listed their top cars released in 2016 for families. The list is worth a glance as many models are available in Thailand.
New Cars vs Used Cars
One of the biggest choices you’ll must make is if you need to get a used or new car. You will find positives and negatives to both. Many people prefer to buy new due to the lower maintenance costs and frequent special deals. But additionally there is a thriving used car market in Thailand. And the opportunity of buying off their expats in Thailand means you can go through many of the process in English.
Whenever you invest in a new car, there are numerous of advantages. You can get a handful of extras thrown in in case you are good at negotiating. In Thailand, most dealers often sell with the recommended list prices but the extras are where you may make an effort to get added value. It’s normal to acquire the first year’s insurance covered or tinted windows, for example.
If you pick new, you’ll have assurance knowing you happen to be first owner in the car, so there shouldn’t be any surprises later on. Getting a new car entails you may have more finance options accessible to you, and you’ll have the opportunity to speak to the dealership with regards to your personal situation.
During my research for this article, people stated that the dealership where they bought their car also offered them better part-exchanges on new car purchases. Your relationship in between the customer and dealer allows expats to inquire more questions with all the experts before, during, and following the buying process. As you’ll see underneath the buying process isn’t always easy but by making use of an authorized dealer you’ll be working with salespeople who have experience negotiating with expats.
The main good thing about a used car is basically that you have a cheaper set of wheels. You have the likelihood of a bargain in Thailand, however in general used cars hold their value well and price more than you would pay in western countries.
You will also have the option to acquire a pre-owned car coming from a licensed dealer meaning you’ll better the chances of you obtaining a service package or insurance. Used cars can be bought from a number of sources and a few of them offer the cheapest prices out there.
One negative for used cars is definitely the 7% VAT that’s included with the bill if you purchase coming from a showroom or used car dealer, or utilize a loan to finance the investment. To prevent this payment you can buy in cash from the private seller. Buying from the private seller who has looked after their car is a great 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 also the second was the buzz of Honda and Toyota cars.
From the UK where roads are packed with Fords and Renaults, I put the amount of Hondas and Toyotas down to the Thai passion for Japanese products. Having Said That I soon discovered some other reasons for their popularity. Honda and Toyota are a couple of the automobile brands which are manufactured in Thailand and get lower taxes and selling prices than imports. Tax is also the reason behind the multitude of pickup trucks. These cars have a reduced excise tax, leading them to be a popular choice for most people.
One more reason for your rise in popularity of both of these brands may be the availability of certified mechanics. Every town can have a garage to correct these cars along with the parts are really easy to find. Even third-party garages is going to be knowledgeable of top-brand cars.
Wasawad Wasuthasawat said, “black and white” were the two most popular colors for cars and would have been a sensible choice if you were seeking to sell your vehicle after a few 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 produced in Thailand and so are priced a lot better than other brands. BMW and Mercedes are assembled in Thailand but use imported parts that make them more costly than they’d be throughout Europe or perhaps in America. Imported finished cars and trucks are susceptible to a 300% tax, making them 3 times higher priced when compared to Europe or America.
“The Corolla or Altis is amongst the best-selling models for the public,” Damien Kerneis said. “It holds its value well and you can actually find spares.” Since this is the kind of most taxis in Bangkok, it goes without stating that these cars are a wonderful selection for those within a strict budget taking a look at getting their particular wheels in Thailand.
There are various options with regards to buying a car, used or new, in Thailand. Traditional dealerships are popular there is however also an ever-growing list of online choices for getting a car.
The dealership was the first place I visited when buying an automobile in Thailand. I felt reassured by going to an official dealership and felt I would personally receive better service and a lot more legal fallback if there have been any problems. Furthermore, it seemed simpler to get finance through an authorized dealership than counting on alternative methods, that happen to be listed later in this article.
I went into the entire process of buying without needing a preference towards brand. My issue was budget. I would desire to use a BMW, but depending on Thailand prices they are not value for the investment-and solution of my price range. Attending a dealership meant I could chose a cheaper brand, examine their selection of models, and discuss pricing options. The benefit is that we now have car dealerships in all the big towns and cities. Within ten kilometers of my condo in Bangkok, by way of example, I was able to visit a variety of car dealerships.
Another advantage of a dealership is that you could see new and used cars and compare prices and conditions. Most official dealerships also have promotions, and supply warranties and extras on not simply new cars, but used cars as well.
You might also need the option to test drive an automobile when you have a Thai driving license, a license out of your home country, or even an international license.
Similar to many places in Thailand, at dealerships salespeople will treat you in accordance with your appearance. When I walked in wearing a scruffy T-shirt and shorts I purchased little attention. But once I went together with jeans, a collar shirt, and dress shoes I had salespeople jumping over themselves to help me. Maybe it was just random luck-or bad customer care at some dealerships-but there is a correlation involving the two.
The Bangkok International Motor Show is one of the most in-demand places for Thais to acquire a brand new car. Sales through the 2015 show were likely to be over 40,000 which is actually a lot to the 7-day event. Often discounts receive and then there are excellent promotions. 2017’s event was held at the Impact Arena in the outskirts of Bangkok prior to Songkran.
In the past, the event continues to be criticized to be more about the pretty models, but after the recent Junta takeover things have been toned down and the cars have become taking center stage again.
It is also present with see mini shows in the numerous shopping malls around Thailand. My local mall, Fashion Island, seems to have one or more car company showcasing new models every couple of weeks. They have got huge signs offering discounts yet it is not clear if these are the basic same deals you’d get in the dealership. One good thing about these events with the mall is the fact that there exists less pressure to acquire and you also get the chance to see and sit in a car.
Regenthomecar, an illustration of this an auto tent in Thailand
Among my Thai friends explained to me I really could invest in a car with the tent which confused me. I googled “car tent” and discovered pictures of tents covering cars. It wasn’t until I found this informative article where I found out a car tent can be a used-car dealership.
Many cars include limited warranties and many are sold “as seen” so you need to have a genuine comprehension of cars to acquire a good buy. Tricks including winding down the mileage and putting different parts into cars do carry on so buyer beware.
Many car tents work together with a finance company as well as a loan can be decided upon immediately. It’s best to make a payment and drive the automobile away. It’s not unheard of for car tents to improve parts each time a customer pays a deposit and comes back later for that car. Also, when you pay by cash the cost of the automobile could be greater than 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 looking for bargains with a car tent happens to be an option.
Car auctions are great fun to watch. The atmosphere is exciting and so i believe it is intriguing to analyze the tactics in the bidders trying exercise their top price. Getting a car through auction is a thing I might be skeptical to try out for several reasons though.
The problem is that you need to compete against other bidders and might end up paying greater than you’re able to inside the heat of battle. At auctions you’ll have to make quick decisions and might not get a full description in the vehicle or have limited the opportunity to inspect it. I wouldn’t purchase a car from auction unless I had full familiarity with the car and can inspect the vehicle first, ensuring it was in good order.
However, you may sometimes have a bargain with an auction if others aren’t interested in the car you would like. Individuals with familiarity with cars could be confident that they can spot a great deal when they see one.
If you’re thinking 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 for your cars available and list fees you have to pay.
Manheim affords the following info on fees as well as some ideas on the FAQ page.
A buyers administration fee of 8,560 baht (including VAT 7%) is applicable to all lots bought in the financiers vehicle auction as well as the salvage vehicle auction. The buyer’s fee for burnt out vehicles is 4,000 baht as well as 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 extra buyer’s fee of 1,420 baht applies. If you buy a motorcycle using Simulcast, yet another buyer’s fee of 250 baht applies. Full payment in cash or bank check is necessary 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 actually a fun, exciting, fast process. So here’s some ideas to help you succeed.
Set your budget
Check the car you would want to bid on, including the documents
Pay by internet bank transfer for the safest way of payment
All cars are offered “as is, where is;” there are no returns
Browse the stipulations
Ensure you will have the correct name registered for your auction
Bid clearly and don’t wait until the very last minute.
A quick look on yahoo shows there are many car auctions in Thailand therefore you might be able to get a local independent auction in your area.
Investing in a car on the internet is becoming more popular nowadays. Many sites have sprung up in Thailand to cater to the desires of Internet shoppers. Websites like these cater toward the sales of used cars, however some websites offer sales of the latest cars, or links to special deals from dealerships.
Additionally, there are many listings on forums and social websites that may match you on top of a seller. The term “Buyer Beware” is vital here, because there can be limited recourse when 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 next sites:
This web site is easy to use and clear. You enter a few simple information regarding your financial budget, location, and make and model and you receive a listing of results. In addition to the license plate number, you get all things in English, and the lists gives you pictures and make contact with amount of the vendor. Remember this site is designed for people thinking about buying used cars.
The internet site is effective if you are looking to acquire a guide price and discover information regarding your nearest dealer. An important selling point of this site is that they list cars for sale in dealerships, both new and used. Because of this you can grab a good deal coming from a dealer and not just from the private individual.
The other selection for online purchases is to check out 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 have any support from the seller after the purchase is made.
As I would buy my first car around 20 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 discover that which was a reasonable price for different models.
Nowadays, plenty 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 are worth a style if you wish to go this route.
One among my colleagues bought up a vehicle from the private listing at his condo. The vendor had left a flyer and the sale progressed quickly as they lived several rooms far from the other.
Also, many cars within the street have available for purchase posters or stickers to them. You could even visit a on the market brochure for your car you’re seeking. There’s no exact science to purchasing an automobile, but fate might provide you with for your dream car about the soi you’re walking down.
When you’ve went ahead to make your purchase there is a few hoops to jump through. Depending on how you got the car is dependent upon the amount of the subsequent you’ll have to do. When purchasing a whole new car it’s likely that the dealer will be after most, if not all, of the paperwork for you. But once investing in a second hand car, you’ll have to be more practical if buying from the private individual.
After choosing the best dealer you must reserve the automobile if you are paying a deposit, usually 5,000 – 10,000 baht. The explanation for this is certainly that cars in Thailand tend to be designed to order. You need to get the receipt after paying the deposit, stating everything concerning your new car including: model, color, delivery date, and all freebies you got from the negotiation. Sometimes, it might take around six months time to the car to become shipped to you.
Once the car arrives, you need to look at the car from bumper to bumper. Be sure to bring it for any test drive and view that most freebies are included. Examine the warranty for the manufacture date, inspection dates, and customer details. Make certain everything is perfect before accepting the auto. When possible, bring an auto expert with you. Also, make a note of the engine number to be sure that this is basically the same car you inspected.
You should receive all documents on that day including automobile insurance, CPTL, car manual, the temporal red book, along with the tax sticker.
New cars will require special red license plates which will be substituted with the official white plates in certain months. The cost of these temporary ones is approximately 2,500 baht but you may be refunded when you change onto the white plates. Failure to transfer from the red temporary plates towards the white official ones can result in a great if you are stopped through the police. A lot of people do want to keep red plates on in order to show they may have a whole new car.
You will definately get you’re official blue ownership book two or three days after or on the very same day you get the white plates. Should you finance the automobile you’ll get yourself a copy in the blue book. The finance company is going to be listed as being the owner of your car. The blue book and car will probably be transferred into your name after the loan pays off.
When driving with red license plates there are many stuff you must be aware of. First, it is recommended to maintain your ownership and transfer documents together with you. In case the police decide to hold you back then you’re liable to pay a great when you can’t prove ownership. Second, with red plates you happen to be limited to driving during daylight hours and also in the province the vehicle is registered to.
All car registration paperwork is managed through the Department of Land Transport. The dealer need to do it for you personally once all of the following documents have already been prepared:
Passport (signed copies of most visa pages and information 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 real Thai driving license
If you need a specific registration plate number, it might be done sixty days upfront before your car or truck arrives in the Department of Land Transport. A copy of your own passport, residential certificate, as well as the car purchase contract are needed. Though some car dealerships should be able to do that for the small fee.
Department of Land Transport in Bangkok Area 3
Prior to buying a used car, examine the car’s Blue Book or its copy (in case the car is financed) in addition to checking the automobile. The engine number ought to be the same as what is listed on the blue book. This ensures the vehicle belongs to the seller and prevents unexpected problems for example getting a stolen car. If a seller cannot reveal to you the blue book, it’s easier to take your cash elsewhere.
Even though required documents through the buyer are similar as registering a brand new car, the treatment of getting a pre-owned car can be separated by five common cases.
The first case is to buy the auto from your used car dealer just like a car tent. Prices tend to be higher than buying from a private seller but they’ll have all the details relevant to the automobile transfer as well as keep up with the financial loan.
The 2nd case is to purchase from a private seller assuming you may have enough cash. You’ll must handle all the paperwork yourself. A personal seller provides documents just like a signed copy with their ID Card, a signed copy in their house registration, Blue Book, the potency of attorney, and the transfer of ownership. Chances are they permit the buyer complete the full process once things are paid for. Or maybe you and also the seller can arrange a date and go to the Department of Land Transport together to perform the transfer.
Your third case is that you simply have plenty of cash but the car continues to be on finance. It’s recommended that you should check out the finance company together with the seller and finish the buying contract and transaction there. The finance company needs to be the one to perform paperwork and send an updated Blue Book along with your name within 14 days.
If you have to finance the car you need to pay a deposit beforehand, normally at 5,000 baht-make sure to sign the deposit contract. The seller should offer you a couple weeks for making the financial loan. Once it’s approved, you need to get a check issued together with the seller’s name. Then, the seller should supply you with the necessary documents for producing the car transfer. You can handle the others yourself or perhaps the seller can go to the Department of Land Transport together with you. If you can’t get a loan punctually, the seller has right to accept the deposit unless it’s negotiated beforehand.
In case a car is still on finance and you ought to get a loan to acquire the auto, the easiest way is to see the finance company and have them transfer the borrowed funds into your name. You may still have to pay a portion towards 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. During this period, they might request you to return in some days if you purchased a car from another province. When all things have been checked, you must keep coming back and inspect the vehicle. The inspection makes sure the auto matches the facts around the submitted forms and that you have no other problems. Finally you will end up asked to return to gather plates and the Blue Book.
In case the car is transferred inside the same province, everything needs to be finished within a couple of hours. If it’s moved to another province, it should take two or three days.
For a peek at doing the method yourself click here for an account of registering an automobile yourself in Chiang Mai. This report is produced by 4 years ago although the process remains to be the same. The whole dexupky01 inside the article is 940 baht to sign up the automobile. It took a lot of time for the reason that owner bought the automobile from Bangkok and registered the automobile in Chiang Mai.
The transfer cost is different depending on the estimated level of the sale price of your car. There’s a 105 baht for transferring fee plus a stamp fee of .005 baht in the estimated car price. By way of example, when the car is estimated at 300,000 baht, the complete transfer cost would be 1,605 baht (105 (300000 x .005)).
Finally, if you are unable to do it yourself, you can give the effectiveness of attorney to a different one person to finish the paperwork to suit your needs.
Used cars registered inside a different province will need a fresh set of plates. The cost of this is certainly around 200-300 baht.
Certainly one of my biggest concerns when selecting an automobile was the location where the money will come from. In spite of the least expensive models I might still have to borrow to perform the sale.
It’s feasible for foreigners to obtain loans in Thailand to acquire an automobile but there are strict restrictions. The foreigner should have a checking account with good standing in a local bank. The foreigner demands a work permit or similar showing they’re here lasting. Many people stated that they have been successful receiving a auto loan employing a tourist visa, but it seems to take plenty of effort, needs a much higher deposit payment, and is also decided upon with the manager at every place.
To the first car a foreigner buys they will likely need to have a Thai guarantor. This can be a relative or friend but they should be aware about the situation and what occurs when the foreigner defaults on the loan. For the purchase of all cars thereafter and where loan is thru the same source, a guarantor is just not needed. The exception to needing a guarantor is when the deposit payment is between 50-70%.
The final stipulation for obtaining a loan is the absolute minimum advance payment of around 20% is needed. Sometimes a bank will ask for a higher downpayment when you are new in america or have limited funds within your bank. In any case ensure you prepare copies of the work permit, passport, bank statement, and wage slips before you apply for a loan.
Reuters reported the rate of loan defaults has been rising because of the poor performance in the Thai economy and increasing household debt. Therefore the conditions for obtaining that loan have grown to be stricter and the bank may request a Thai guarantor based on your circumstances. One positive is the fact that banks are prepared to loan money to foreigners for auto purchases, unlike with regards to financing property. In addition they offer special incentives including % interest introductory offers.