Thread: Buying used car on the Azuero?

Man oh man, I'm sure asking a lot of questions lately! Only excuse is that we're really getting excited as our departure to Panama grows closer...

What kind of hassle is it to find and buy a decent used car on the Azureo? If it is possible to find one, how difficult & costly is it to insure? Any info on availablity & price appreciated!

I know we'll find this stuff out after our feet hit the ground there, but a heads-up is always a good thing, and this forum is a great resource!

Cindy

hi , buying a used car anywhere in panama is a crap shoot , and saying decent and used in the same sentence is very hard , what kind of money are you looking to spend , because for about 8500.00 and up you can buy a new little car that will take you most anywhere you want to go as long as it is not down the beach . chev , hyundia , kia, mitsubishi ,and some chinese crap is all for sale in chitre ,to find a decent used car you are going to spend that much , now true you might get a bigger car for that money but it will not be new , maintance on cars here is very poor , insurance here is cheap , i just bought a new chev micro van and the full meal deal insurance was like 300 a year , on a 10 grand car . a good company i found the chitre has a sales office in the toyota dealer ,on my old montero i have basic insurance and it is 160 a year , so like the old ad use to say , you can pay me now or pay me later , ( car repairs ) LOL

Nakedguy, if you wanted to buy a used car, would you do it from a private person or a car dealership?

most dealers here do not sell used cars , there are some in the city but not out here in los santos, you do not see it , i think it is not policy for them to take trades. you see lots driving around with for sale signs in the window , i bought one used car when i got here , i have learned my lesson

Should've asked in original post....whats the procedure of license/registration (or whatever it is they require there)?
Is there a local place to get insurance?

Thanks!

yes like the answer above , there is places to buy insurance everywhere in the country , and down here when you buy a car it will have plates on it , they stay with the car , or if you buy new, the dealer will get everything for you , they dont always have the cheap insurance , so you want to look around before you agree to dealer insurance , in my case the chev dealer insuance was almost twice the cost of my insurance company , but i would guess the dealer is getting a kickback from the insurance company

Do you know the process to buy a used car from a "private seller" ?

Except the usual used cars stuff, what should I look for ? Anything special with ATTT?


Paz y Salvo Electónico Vehicular ?? (with the ATTT and the city "municipio")

Just found this "guide":

How to buy a car and get a licence plate in Panama

Once she had a deal she proceed to close the deal by making sure the legal documentation was up to date. She had to make sure that the car had its Insurance that covers damages to third parties required by the National Transit and Transportation Authority (in Panama rates vary from about $200-$500 per year), and that the title and registration were properly transferred to her name. Taking into consideration this aspect it is better to buy your car through a used car lot because usually they offer to make this transaction which many times becomes a burden to the customer specially for Foreigners, for an additional cost which may vary from $100.00 -$120.00. The dealer will take the transfer card to the Municipality Office that Originally Issued the car’s license plate, in order to make all the paper work. Used cars must have their License plate and sticker of the year. She didn’t even had to wait until transfer was made before taking her car Home, because the dealer will only give her a call when it was ready. If you decide to buy your private party you will always have the option to go with him to the Municipality to make the property transfer or carry the following documentation:
- Copy of original owner’s ID
- Transfer Card —which is provided by the municipality— properly signed
- Copy New owner’s ID
- Certificate of vehicle inspection of the year(inspeccion vehicular)
- Certificate of sole title of the vehicle (registro unico de propiedad vehicular)
- Paz y Salvo” from the “Municipality” of the owner (a paper which states you do not owe anything to the government)
- Payment of the National Permit of Circulation tax at the “Municipality” that issued the license plate.
Then she reviewed the contract thoroughly before signing it. Once all the paper work was completed it was finally time to relax and enjoy her new purchase: a good used car.

You should ALWAYS bring the seller with you to complete the transfer.

I pay $120 per year + tax for minimum required insurance.

Some people always choose to buy used cars because it's less expensive than new ones. Being comfortable when purchasing an automobile is what every person wants. It is also significant to find what you are searching for at a dealership. All of the Houston dealerships have high standards. They are great places to find automobiles, as it all checked very well by the dealers. You do not have to stress about them breaking down later. You are able to find a used automobile dealership in Houston here: Find a Dealer in Texas - Metropolitan Areas

What new cars are around $8500? A new accent is about $14k in chitre.

Originally Posted by adamruns

What new cars are around $8500? A new accent is about $14k in chitre.

i was in the hyundia dealer in chitre the other day with a friend and there was a new car sitting there for under 10 g , i think it is called a something 110 .

Yes very small. A good car for short trips.

Originally Posted by adamruns

Yes very small. A good car for short trips.

this country is so small every trip is a short trip LOL

Yes, but the potholes will swallow small cars. At least in the rural areas.

i have a friend in las tablas who sells repoed cars, 2008 yaris for around 5,000, please feel free to contact me for more info
Panama Pty.com It's our pleasure to attend you!!!


Phily Liztell
(507)69823716
Phily@PanamaPty.com
Archives