Costa Rica Shipping – The craze about cars is growing at an exponential rate, yet nothing shows the possibility of a halt. Just like buying property, buying a car takes a toll on your financial reserves through import tax, maintenance, auto insurance program, fuel, repairs, and registration. Nevertheless, new cars are still hitting the poorly kept roads, with the hype reaching exceeding that of buying a home. The high cost of buying cars in Costa Rica drives the need to ship a car to Costa Rica. It starts with getting the right Costa Rica vehicle shipping before settling for a specific brand. If you did not know how to ship a car to Costa Rica, shipping Costa Rica offers professional yet reliable car and truck shipping.
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Several months ago, the great recession led to reduced car prices from car owners that needed to liquidate their cars for mortgage payments, rental expenditure, and food. To some people, it was time to drive a car at a relatively low price, oblivious of the numerous stories of despair and heartbreak. While the situations have shifted, a look at the US listings gives better deals than the local listings. Buyers than the need to buy used cars in Costa Rica are likely to consider the Craigslist listings, thanks to the affordable prices.
The Import Taxes
While the brands might look affordable, shipping and import duties are likely to eat on your budget, often limiting the buying capacity. If you are on the verge of importing a car into Costa Rica, be ready to pay an import tax of 52.29% if the car is three years old or more. While it was not the case a while ago, a new car means one below three years old, regardless of the mileage and physical condition.
Currently, the Treasury values the cars based on the make, engine, chassis, and accessories, disregarding the mechanical state of the car. Several attempts to restrict the importation of vehicles that range from 6-7 years have not seen the light of the day. However, incremental taxes require you to pay 63.91% for cars between 4-5 years and 79.03% for those exceeding the age. This is meant to curb the influx of clunkers that pose environmental risks and safety concerns. While importers can use the tax calculator, the Kelley Blue book is much simpler to calculate the costs.
The Emission […]