Car For Cash – Practice Each of These 4 Advice Each Time You are Looking Around For a Automobile to Purchase in Thailand.

There are a high number of car dealerships in Thailand, and a lot major makes can be bought. Cars manufactured in Thailand have a much lower rate of sales tax than imported cars, and they are often the best value in comparison to luxury imported vehicles.

All registration procedures and transfers of vehicle ownership are completed in the local Department of Land Transport Office (DLT). Most new car dealerships will help using this by issuing all of the necessary paperwork to the DLT.

Those people who are not Thai citizens should produce the following paperwork for that DLT with copies:

Current passport

Non-immigrant visa

Work Permit or Certificate or Letter of Residence issued by Thai Immigration or maybe the appropriate embassy

The DLT charge a processing fee. A temporary red number plate will likely be issued, that will be replaced with a standard white permanent plate when the registration process is completed. This ought to take only one week but will take so long as six, depending on how quickly the auto dealership submits the paperwork along with the DLT processes it. Keep in mind that vehicles with red number plates can only be driven between your hours of 06:00 and 18:00.

The Blue Book (Lem Tabian)

The new owner will probably be issued with evidence of ownership documents as a registration book called the Blue Book (Lem Tabian), which includes the owner’s name and address. If car for cash is bought with a loan then your finance company can keep the Blue Book until all monies happen to be paid; the new owner is going to be issued with a copy.

A window sticker can also be supplied by the DLT to indicate that the annual vehicle tax continues to be paid.

Compulsory Motor Insurance (CMI or Por Ror Bor) must also be bought from your DLT, the car dealership or perhaps insurance provider. CMI must be renewed annually.

Three additional levels of automobile insurance can be bought in Thailand: 1st class, 2nd class and 3rd class. Three of the levels indicate the level of coverage, with 1st class being fully comprehensive.

Car Tax

All cars must display a tax sticker on the windscreen as proof that car tax is paid. Each time a car is bought, the tax sticker stays on the window and stays valid until it expires, whatever the owner from the car. Tax needs to be paid annually in the local DLT office.

To generate a car tax payment, consider the Blue Book and evidence of CMI coverage to a local DLT office.

Selling or buying a pre-owned Car

You will find a sizable used car market in Thailand. Local and national newspapers publish classified advertisements, both in print and on-line. Although many of these have been in Thai, they provide a reason for comparison for pricing.

These methods could be used to advertise a second hand car:

Classified advertisements in papers, like the Bangkok Post, Phuket Gazette, Pattaya Mail

Online forums like ThaiSecondhand.com and Thaicar.com

Putting a sign around the vehicle and parking it in the visible area

Cars can even be sold by way of a dealership, though these will offer you a comparatively low price for the seller. All used cars should be together with their Blue Book (Lem Tabian), which shows the owner’s name and address. This book also contains information on previous owners, in addition to records of taxes paid about the vehicle. However, finance companies may keep the Blue Book until the car is bought in their entirety, thus if the vendor cannot provide this Blue Book the consumer will have to make certain that any monies due in the car happen to be paid.

Transferring ownership of the used vehicle is similar to buying a new vehicle. The purchaser and also the seller must both complete the transfer of ownership at their local DLT office, while the seller may give power of attorney to a third party. The DLT will look at the engine and chassis serial number to be certain the auto is not stolen, so it is strongly recommended those funds is exchanged only next has been checked. The subsequent documents needs to be provided:

If an expatriate, the vendor or buyer must provide signed copies in their passport, visa and work permit, or official confirmation of residency from either the Thai Immigration Bureau or their embassy

If Thai, the vendor or buyer must offer an ID card and House Registration Document (Tabien Ban)

The vehicle’s Blue Book dexupky01 be supplied by the seller

When the car has finished seven years old, it must have passed a roadworthiness test. An up-to-date tax sticker will prove which it has been doing so

Note: As all documents are usually in Thai, you need to ask them to thoroughly checked with a solicitor or Thai speaker and also the relevant authorities prior to making a payment about the vehicle. Remember that the absence of a Blue Book is likely to make administrative matters and resale extremely complicated, and therefore its absence may indicate the vehicle was stolen.

Motorbikes

The method for buying or selling new and used motorbikes is likewise completed on the local Department of Land Transport office. The paperwork required is similar, but a tourist visa will likely be accepted from individuals who have a Certificate of Residence issued by the Thai Immigration Bureau or their Embassy.

Owners will probably be issued by using a registration book (Green Book) once the paperwork is finished.

If your motorbike has ended five years old, it must pass a roadworthiness test before any transfer of ownership is undertaken. An up-to-date tax sticker will prove that this roadworthiness test is passed.

Importing a Used or new Vehicle

Privately importing either a new or used vehicle into Thailand is expensive: Thai import taxes and fees on vehicles can amount to around 200 percent from the vehicle’s value.