Thread: Buying a new auto
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04-20-13 02:44 #52
Posts: 2808
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03-30-13 14:34 #51
Posts: 2808The thread is called, "Buying a New Car In Argentina"
Originally Posted by Santa [View Original Post]
Originally Posted by ElQueso [View Original Post]
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The Following User Says Thank You to Daddy Rulz For This Post:
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03-30-13 13:54 #50
Posts: 34Buying a new car, loan or not and other information
A friend, who has a DNI and speaks like a Portenos, was involved in an accident that probably totaled her car. She needs to buy a car, preferably a new one. The transaction will be in pesos after exchanging dollars at the blue rate.
I previously, read on this forum, another thread about a forum member contemplating buying a car in Argentina utilizing a car loan. I use the forum search function but was unable to find that thread.
I would appreciate it if: (1) some one would direct me to the aforementioned thread (2) whether it is cost effective due to inflation to buy a car with a card loan; (3) any stories, helpful information etc. About buying a new car in Buenos Aires.
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11-20-09 00:32 #49
Posts: 751Mongers,
I very recently purchased a 2009 0km Renault Kangoo 2 Sportway 1.5 Diesel for my business so I figure it is worthwhile to go over the buying process for the benefit of others.
First, I went to a Renault sales office (Automotores, SA) on Avenida 9 de Julio to order the car I wanted. I knew what the price would be from the internet so there was no haggling involved. Essentially, you tell them the vehicle you want, and they look on their list to see if they have one available. My particular vehicle was sitting at the factory in Cordoba. You have to pay a 1000 AR deposit at the sales office and then go to a bank (in this case Banco Frances) to deposit the rest of the sales price in the account of the dealership. After depositing the money, I went to Automotores central office in Palermo to fill out all kinds of paperwork, all the more complicated because I was buying the vehicle in the name of the company, so I had to prove I was authorized to purchase a vehicle in the name of the company (even though I paid cash for the car)
After dealing with the paperwork, I walked over to the La Caja insurance desk, which was very straightforward and simple. After everything was finished, I was told I would receive a call by the end of the following week (this was on a Friday) when my car would be licensed, insured, etc and ready for pickup. The vehicle had to be shipped from Cordoba and the registration and license plates had to be ordered which apparently is a process in Argentina.
Sure enough, the following Friday, I get the call and went to pick up the vehicle in Palermo. The pickup process is simple; they issue the vehicle registration and insurance papers, the mechanics put on the license plates, and you have to pay the first 4 months of registration.
Keep in mind that the vehicle registration costs 5% of the value of the vehicle per years, for the first 10 years.
Suerte,
Rock Harders
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06-12-07 16:12 #48
Posts: 10Badboy,
I have Ituran and never had any problems whith them. The instalation was fast and simple with no problems. I also heard that most people with VW and Peugeot have Ituran and not Low-Jack. I have insurance with LA Caja and its more expensive without it there.
Saludos,
Sac
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06-12-07 14:56 #47
Posts: 1657Lojack VS Ituran VS nothing at all
I have an important question for all the long term BA residents or even some BA locals. I bought a car about a month ago and I have a dilema, the insurance company has given me the option to install a " recuperador " either Lo-Jack or Ituran, I have heard that Ituran is better and is generally used for higher end vehicles, so I am edging towards that one. But I have also heard some horror stories about the installation guys basically gutting your eletrical system and doing a half assed job putting it back together.
My question is in two parts, first of all, which one do you think is better Lo-Jack or Ituran? Second do you really think getting either one is required. My insurance costs me the same either way and I have full coverage so if my car is ever stolen and not found, the company will buy me a new 0 Km vehicle. So is it that important to have a system like this in BA?
Bad
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05-16-07 01:19 #46
Posts: 1657A veedub
Bad
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05-16-07 00:22 #45
Posts: 217Congrats Badboy- I am trying to figure out. What brand of car did you buy?
Regards.
Smuler
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05-15-07 15:59 #44
Posts: 1657My bad, you are correct
You are right Fac,
I fucked up, for some reason I was thinking 2% of 30,000 pesos. Well basically the insurance costs .66% a month for full coverage, lo-jack and a $2500 peso deductible on your vehicle damage.
Bad,
PS, thanks for pointing out my mathematical genius
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05-15-07 15:14 #43
Posts: 216Badboy, just a little clarafication on what you wrote:
"Mapfre, has a liability only insurance or a flat 2500 AR deductible for the monthly cost of 2% the value of the vehicle. Good stuff."
If I understood, then the monthly cost for insurance on a US$30,000 car is US$600. I'm sure I'm not reading your statement correctly.
When I step out of my apartment in Las Cañitas and see a muchacho driving around in a brand new Vento I'll have to assume it's you. Suerte.
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05-15-07 12:38 #42
Posts: 1657Badboy's first car buying experience in BA
Ok,
I finally bought a car, took forever to find a dealer that actually had one on hand, most dealers give you the run around that might last months, so I went with a large dealer that had a few available. I didn't get my first choice in color, if I were to have waited I would have gotten it by July. Basically there is very little to no haggling for popular brand new cars. It just doesn't exist, they pretty much just give you the take it or leave it line. I was still able to shave off a little off the top. You can buy a car without a DNI, but you will need your passport, a CDI, and a constancia de domicilio and or a utility bill in your name, this is mostly for yearly tax collection. Once you reserve the car, make sure they give you the chassis and motor number, aka the VIN number. And have them write that on the Reserve, meaning they have the car and you should get it within 48-72 hours.
Now the process is pretty simple, you contact a dealer, you see the show room models, you make an appointment to go to their depot and see the actual model you will purchase, you leave a 200 dollar reserva, then you make arangements to make payment through their local bank, they give you the account number and you make payment to the account for the total price. You can also pay in cash at the dealer, if they allow that. Once that is done, you go to the dealer with the reciept from the bank and you speak with the administration, you sign some paperwork, they get the ball rolling on the entrega and the administrator will try to squeeze a few extra bucks out of you. This one tried to tell me the price had gone up 500 pesos, I told her to take a hike, and either respect the sale price or give me my money back, but there was no chance in hell I would pay one cent more. They then hand you over to the accessory department, where they try to sell you ll kinds of extras, like tinted windows, laminated windows, navigation, chrome accents and so on. I must admit, I accepted some extras. Then they wheel you over to the Insurance guy. Since I already knew the insurance guy I didn't have to deal with him. That was about it, you will recieve the car within 48-72 hours later, with all the accessories added, fully taxed, titled and insured. Also remember you will pay the accessories at the moment you pick up the vehicle, you will also pay any extra licensing you haven't already paid. The insurance company will call you a week later to schedule the Lo-Jack installation. Thats about it.
Ok now onto a couple specifics, The insurance company most dealers work with is LA Caja www.lacaja.com.ar I think, They DO NOT insure expats with NO DNI, they will not do it because they can't do it, since they don't have the system set up for it. They offered to insure that car under a relatives name or maybe an Argentine friends name, the catch with this is, if your car is stolen or wrecked, the insurance will pay out to your friend or relative, meaning your argentine " friend" will be given either the total value of the vehicle or a brand new vehicle IN HIS NAME, then he will have to transfer it to you. This can be risky, so avoid that. Mapfre,www.mapfre.com.ar, a much bigger and better insurance company specializes in insuring " extranjeros ", or foreigners. Though their insurance method is different, La Caja has either Liability insurance that is about .33% of the total price monthly payment, and then they have full coverage in 10% , 5% ,2% and 1% deductible forms which are increasinly more expensive in monthly payments but the deductible decreases. Mapfre, has a liability only insurance or a flat 2500 AR deductible for the monthly cost of .66% the value of the vehicle. Good stuff.
In all I found the whole buying process pretty easy, and with Mapfre, the insurance process was just as easy. The fact that many dealers didn't have the car in stock was very frustrating but I find that the case with just about everything I purchase in BA.
Bad
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05-15-07 12:30
Senior Member
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05-01-07 07:06 #41
Posts: 1657Cut out the middle men, pay in cash, and you are looking at a minimum of 25% off
Flat screen TV's,
I would say your best bet is to get in good with a mayorista, you know, the person who sells the tv's to the Fravegas and so on. I know some people that can get me up to a 25-30% discount on the tv. You are basically cutting out the middlemen. I have learned that the best way to get things cheaper is to eliminate the number of hands getting paid on your transaction. If you buy at Fravega, you are feeding not only the corporation, but the manager and the salesperson. If you buy directly from the mayorista, you cut out all those hands,. PS, this works for cars as well
Bad
BTW, I will stay away from discussing tax evasion online and so should you.
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05-01-07 02:50 #40
Posts: 211So is everyone in agreement that with a cash sale the retail business hides the paperwork from the tax collector and passes up to 21% discount to the buyer?
I can see this working for a few smaller items sold in volume but how the hell do you hide an automobile? Presume it was imported, has documents, ID numbers, needs to get transferred to you etc. How do you transfer a newly imported car AND the dealer doesnt have any records of it? I think we need Dickheads or Jacksons help with this one.
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04-30-07 20:50 #39
Posts: 216Dick,
10% discount is not bad, however I get a 15.5% discount on LCDs, (plus I get to flirt with the Samsung representatives who look like models but don't know anything about LCDs) computers, and printers. However, small items like telephones I only get a 10% discount. If anyone is buying items like LCDs just go to Fravega on Cabildo y Mendoza and keep sending the salesman back to talk to his manager to increase the discount. The salesman will work hard for you, he is motivated to make sales because his pay is a combination of a low monthly salary and commissions. If you don't speak castellano, just ask for a salesman who speaks english (usually there is one who speaks a few words of english) Suerte.
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04-30-07 07:08 #38
Posts: 751Cash is king
Mongers,
About a month ago I bought two 32" LG LCD tv's for the business that I am involved with. The Musimundo price was $5000 AR for each tv, but in further illustration of "cash is king" I walked out of the place with both tv's for $9000 AR paid in cash. In reality, with the 21% IVA credit that businesses here can get when making purchases, the tv's went for only $7110 AR for the both. Something to keep in mind when making big purchases here, as I negotiated the cash deal BEFORE informing Musimundo it was a business purchase that would need an official factura (my guess is they would have given me a bullshit factura and kept the 21% for themselves)
Suerte,
Dirk Diggler