Buying a new car anywhere in the world can be exciting, but a little stressful if you don’t know enough about the process. In Thailand, expats who wish to purchase a new car may face an additional set of stressors, including language barriers and laws. Here we have a guide for buying a new car in Thailand to help you better prepare for the buying process.
After choosing the car you want, you must reserve the car with a deposit. This is because most of the new cars in Thailand are made to order. Usually the deposit is between 5,000 and 10,000 baht. Upon payment, you should get a receipt that includes the details of your new car. From make and model to color and delivery date, the receipt should serve as written confirmation that you have reserved the car. Keep in mind that ordering a new car can take up to 6 months for delivery. However, delivery times vary widely.
Check the new car from top to bottom
Once your car arrives, check the car from top to bottom. The exterior, interior and the way it rolls should all be checked upon receipt. In addition, any gifts that have been promised to you should also be verified. The warranty, date of manufacture, date of inspection and engine number should also be checked before accepting the car. Bringing an auto expert with you to help you check these items can also ease the burden of future problems.
Check the documents received
When you receive your car, you should also receive the necessary documents. A car manual, CPTI, temporary red book, tax stamp, and auto insurance documents should all be in your hands on the day you receive the vehicle.
New cars will have a red license plate which will be replaced by official white plates in a few months. Red plates cost around 2,500 baht, but this cost is refunded when you switch license plates to official white plates. Keep in mind that if you do not transfer the plates, it could result in a fine by the police. And, vehicles with red license plates are limited to driving only during the day and the province in which the car is registered. When you transfer the red plates to the white plates, you should receive the official blue book (ownership) on the same day as the transfer or a few days after. If you have financed the new car, you will receive a copy of the blue book with the financial institution listed as the owner. This will go in your name once the auto loan is paid off in full.
Registration documents must be brought to the Ministry of Land Transport. Since your car was purchased new, the dealership should perform this step for you after you have prepared the following documents:
-Passport (signed copies of all visa pages and photo page)
-Certificate of residence (issued by the Immigration Office or the applicant’s embassy), or a work permit. All must be signed.
-Valid Thai driver’s license
Transfer of ownership
First of all, you need to submit the required documents and have them checked by an official. Once the official has verified the documents, it should be stamped. If you bought a car from another province, you may be asked to come back in a few days as they will need to verify the details. Upon your return, you should inspect the car to ensure that the details match the details on the submitted documents. After that, you will be asked to come back and collect the plates and the Blue Book.
The cost of the transfer is based on the estimated sale value of your car. In addition to the stamp fee, there is a transfer fee of 105 baht. The stamp fee is 0.005 baht from the estimated price. So if your car is estimated at 300,000 baht, the cost of the transfer would be (105+ (300,000 x 0.005)).
Buyers will pay an initial tax as part of the registration process. As the tax depends on the make and model of your car, it is usually between 800 and 10,000 baht per year. Your broker should be able to tell you how much tax you will need to pay. The tax is paid at the same time as the CTPL. This can be done through the Ministry of Land Transport or a third party representative. After paying the tax, be sure to stick an up-to-date tax sticker on your car.
After taking note of these steps in the process of buying a new car, you should feel a little more comfortable because the process is not as bad as you might think. Also, since a dealership is involved, you probably have an easier process because they can walk you through the process. Dealer representatives should also have a better command of the English language to help you communicate important details more fluently. Remember to always check your car’s documents and registration numbers, especially if someone else is preparing the paperwork for you.
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