Sunday, January 11, 2015

STICKER SHOCK!!! BUYING a CAR in Costa Rica - Prices are OUTRAGEOUSLY OVERPRICED!!!!!!!!


Thinking of moving to Costa Rica and 
BUYING A CAR•VEHICLE in Costa Rica?
You might want to think twice!!

Vehicles•cars purchased in Costa Rica are BEYOND MEGA OVER PRICED!!!

Before you start blaming the seller that they're gouging you, you need to understand how EXPENSIVE it is to bring a car into Costa Rica!!  Because the Import Tax one MUST pay!

On this page I'm going to give you actual EXAMPLES to show you what I mean.

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WHY is it SOOOO EXPEN$IVE???

WHAT IS THE IMPORT TAX TO BRING A CAR INTO COSTA RICA?
New car to 3 years old = 52.29%
4-5 years old = 63.91%
6+ years old = 79.03%
(& there are other factors that can make it even HIGHER!!)
BUT - they are NOT going by the price YOU paid for the vehicle in the U.S.!!  They're


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There's a great video to help you calculate the tax you'll pay to import your vehicle:


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Here's the Kelley Blue Book Link to see what the value of a car is in the U.S. (it's VERY enlightening!)


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COSTA RICA VS U.S PRICE EXAMPLES:
 ASKING PRICE IN COSTA RICA
$15,000

KELLY BLUE BOOK VALUE
Between $4,518 if it was in Fair Condition - to $5,576 if in Excellent Condition!!


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1996 Honda Civic
This is an incredibly reliable car that got us through three years going all over Costa Rica. My mother bought it new and by the time we got it in 2011, it had just over 30,000 miles on it. Now it's around 64,000. We have all maintenance records. Unfortunately, in the couple of years before we got it, my folks started hitting things with it (age getting the best of them both) so there's some body damage but it could be repaired inexpensively. It's a two-door automatic with no power anything, but it does have working A/C and rear wipers. It's a basic reliable car that, in our view, is perfect for Costa Rica unless you need to drive on some really rough terrain. It's a Honda so you know it has many, many miles left to to. Marchamo paid for 2015.
Asking $5,000

KELLEY BLUE BOOK
$1,872

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Here's my blurb on
USED CARS•VEHICLES - HOW•WHERE TO BUY A USED CARS•VEHICLES in Costa Rica - including USED CAR LOTS & USED CAR DEALERS
LivingLifeInCostaRica.blogspot.com/2015/01/UsedCarsInCR.html


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LivingLifeInCostaRica.blogspot.com/2015/01/BuyingACarInCRHighPrices.html
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