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buying a car in chile

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itstime
5/8/2018 02:04 EST

What is the price of buying a car in chile ? What about insurance and gas prices ?

Thank You,
Paul

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HappyinChile
5/8/2018 06:52 EST

We just went through the process. New and used cars cost about 20% more here than in the States. Buying new is easy, there are loads of dealers (we are in Lo Barnechea)... everything from Chinese cars to Ferraris! Buying used is harder because the dealers have limited stock, just what they received in a trade. We would not advise buying used from an individual or a used car dealer. Mandantory insurance is inexpensive and is purchased at the time of the auto purchase. Private insurance is a good idea, we used Liberty Seguors, annual cost was reasonable, about $500/year. Good luck!

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itstime
5/8/2018 07:29 EST

Thank you very much for that info,
Paul

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itstime
5/8/2018 07:29 EST

Thank you very much for that info,
Paul

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FAIRCLOUGH
5/8/2018 10:15 EST

I sold my 2010 Toyota 4Runner in Texas for 16K with 133000 miles and purchased a 2012 4Runner with 90.000 miles for 18K . Consiidering the year miodel and lower mileage, I believe used cars are about even with the US.
Buying from an individual over the internet was relatively easy. A local friend took care of getting the car checked out by a mechanic. Also the stressful process. deposits are not recommended. No telling if your deposit will disappear and the car too.
The car can get sold right up to the moment you meet at the notary's office with cash and exchange car, keys, title all in one small room. Sign the paperwork and you have your car. It takes about two months to transfer the title but it can be downloaded from the internet for 800 pesos.
Insurance is cheaper. Liability is compulsory and purchased from the government. very cheap. additional coverage for everything else is usually available through the local banks. I got mine from BCI, the most customer friendly bank, and pay about 600$ a year.
Gas is about 780 pesos a liter. currently with the dollar at around 600 pesos it is close to $5 per gallon.
I don't drive as much as I did in Houston so gas expense is about even. I am in Pucon, close to the Argentine border and gas is cheaper there so I always fill up there if I am crossing the border.
License is about $300 a year and mechanical inspection is about 30$ License ( registration) and liability insurance should be purchased at the same time because to purchase registration you must show a full year coverage.

Good luck.

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itstime
5/8/2018 10:30 EST

Thank you very much for that valued information.

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itstime
5/8/2018 10:30 EST

Thank you very much for that valued information.

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HappyinChile
5/8/2018 11:04 EST

If you buy from a respected auto dealer (even used car), you avoid all of the hassle and fear, they take care of most of the paperwork, no notary needed... it's safer and easier than buying from an individual, unless you know the person. Also, most dealers will give you an unwritten, but valid warranty for the big stuff... about 90 days.

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JohnAkai
5/8/2018 12:47 EST

What HappyinChile said. I was impressed w/the Indian car brand "Mahindra." Their 4x4s rock. Also, don't forget the 19% tax.

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JohnAkai
5/8/2018 13:07 EST

Forgot the price of gas or "benzina." It depends on the octane rating. I was paying 730 CLP per liter of 93 octane. That is $1.15US per liter or about $4.60US per gallon. I only saw 3 brands: Shell, Petrobras, and COPEC. Also, HWY 5 and probably other main roads are toll roads. Every 50km, you pay 2,500CLP for a family sedan. Distances are huge, so it may be better to fly cross country. If you plan to drive the Andes, get a 4x4! Up there, roads are pretty rough w/o cell reception!

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HappyinChile
5/8/2018 14:24 EST

We bought at 2014 SKODA Fabia... we love it!

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manivel43
7/20/2018 00:18 EST

Hi i am very new to chile. .. could anyone please enlighten me about the most commonly used cars there in chile ? the cars that will have spare parts available in most places and with less maintenance and repairing cost?

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manivel43
7/20/2018 00:22 EST

And also, i will be coming to chile under a tech visa. will i be able to buy a car under that visa ? if not, how will i be able to buy a car ? under what visa ?

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FAIRCLOUGH
7/20/2018 11:19 EST

Depending on where you live, what you do with it
If it is getting around Santiago, a small toyota or Honda will work best due to traffic and parking garages. If you live in the country and haul stuff around. An all wheel drive Subaru Forester would be my choice, or if you need better ground clearance a Toyota 4runner or if you drive distances a Toyota Diesel pick up is my choice. All of these are the lowest maintenance cost vehicles with highest resale values.

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FAIRCLOUGH
7/20/2018 11:19 EST

Depending on where you live, what you do with it
If it is getting around Santiago, a small toyota or Honda will work best due to traffic and parking garages. If you live in the country and haul stuff around. An all wheel drive Subaru Forester would be my choice, or if you need better ground clearance a Toyota 4runner or if you drive distances a Toyota Diesel pick up is my choice. All of these are the lowest maintenance cost vehicles with highest resale values.

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manivel43
7/21/2018 04:46 EST

I am planning of buying a honda city. But i am not sure of its parts availability and the resale value of honda there in chile. Can anyone provide me some info on those pls ?

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