Tax To Be Paid When Buying A 2Nd Hand Car..?

[SiamKitt]

I'm thinking of getting a second-hand car here in Thailand (private sale). Can anyone give me some clues as to how,when I change the Blue book to my wife's name, Does tax have to be paid when buying 2nd-hand cars?

(I heard a rumour that 7% tax must be paid..?) When/at what point should I hand over my cash?? All info will be most welcome thanks..cheers now.

[katabeachbum]

cash purchase of 2nd hand car does not involve 7% VAT. However if a financecompany buys the car, 7% VAT must be added to the borrowed amount.

annual road tax must be up to date on transfer

transferfee depends on enginecc, age and value

Vehicle must be inspected before transfer is accepted, and you should insist inspection is done by DLT and not an authorised agent to ensure vehicles identity is ok.

the docs will be checked by DLT, and when they have approved docs for transfer and collected transfer fee and you have the vehicle, it is safe to pay

If you are not sure you have all original keys/remotes, it is a good idea to change numberplates when transfer is completed

[SiamKitt]

cash purchase of 2nd hand car does not involve 7% VAT. However if a financecompany buys the car, 7% VAT must be added to the borrowed amount.

annual road tax must be up to date on transfer

transferfee depends on enginecc, age and value

Vehicle must be inspected before transfer is accepted, and you should insist inspection is done by DLT and not an authorised agent to ensure vehicles identity is ok.

the docs will be checked by DLT, and when they have approved docs for transfer and collected transfer fee and you have the vehicle, it is safe to pay

If you are not sure you have all original keys/remotes, it is a good idea to change numberplates when transfer is completed

Katabeachbum...Thanks for the straight-forward advice. There seems to have been an issue with a loan taken out on the motor I'm considering..the owner assures me the loan has now been paid and the 'book' will be available by next week...your info about the DLT doing checks sounds a good road to go down. Caution is no bad thing...thanks again... S.K.