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Car Prices In Thailand


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#1 pagallim

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Posted 2009-05-12 23:49:31

A couple of months ago, I happened to be in Central Festival, which was holding a small car exhibition on the ground floor. They happened to have a Mini Cooper 'S' there, and when I asked the price, was told 3.2 million baht!!! I knew that imports are expensive, however this was more than my Toyota Fortuner and Honda Accord (bought new 2 years and 1 year ago respectively) cost together!!! The 'on the road' price in the UK equates to circa 830,000 baht, so where does the other 2+ million come from??? See link below:

http://www.mini.co.u...per_s/home.html

The thought of spending what is the equivalent of +60,000 pounds for a mini just defies belief! Where is the tax hike in this? I can understand 100% import duty, but that doesn't come close to the actual retail price here. There are other examples that I've researched, but nothing comes close to this one in actual percentage hike over the actual value of the car.

#2 thaiwanderer

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Posted 2009-05-13 05:24:10

iirc without the high import tax on such vehicles (and associated tax write offs where car parts produced and or assembled in Thailand) there would be nothing like the auto industry there is in thailand (or at least was until very recently :))

also (on a bad note) the propensity of pick up trucks arose from their tax designation as agricultural vehicles

the tax stretches brand snobbery to make it even more ridiculous - is a mini that much better than say a jazz? essentially its a purchase purely to say 'i paid the tax'

#3 ignis

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Posted 2009-05-13 06:01:39

Even a everyday car like Toyota prices are crazy...
The Toyota Yaris starts at under 600k
the smaller more basic IQ starts at 1.45 million.

within Asian Countries the import is 5% or so one is led to believe ??

#4 Jungian

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Posted 2009-05-13 06:45:54

I was going to send my BMW 745IL via ship from Philadelphia to Bangkok the cost was about $6,000 US at the time including the insurance however the import tax was almost 3,000,000฿ almost what I paid for the car!

#5 kennkate

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Posted 2009-05-13 07:01:40

Second Hand Values in Thailand CRAZY

I can't speek for Other Countrys but certainly in the UK 2 years Old will knock 50% off of the New Price.

To buy at 50% of New price here it would be more like 10 years Old.

#6 HDRIDER

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Posted 2009-05-13 08:09:49

Hi
You can get cheaper 2nd hand car if you go for the top models, like Mercer, BMW, Lexus, etc i have seen a 4mill B car for sale at around 2mill after 3 years

Edited by HDRIDER, 2009-05-13 08:10:38.


#7 katabeachbum

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Posted 2009-05-13 09:20:29

Second Hand Values in Thailand CRAZY

I can't speek for Other Countrys but certainly in the UK 2 years Old will knock 50% off of the New Price.

To buy at 50% of New price here it would be more like 10 years Old.



I was recently at a second hand/repos car auction by Tanachart bank. 3 year old where like 55%. 160 vehicles where sold in 3 hours. Many tent dealers buying.

#8 imaneggspurt

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Posted 2009-05-13 09:37:31

Check the lifestyle of any government employee in thailand,you will see where the "taxes " go,..i remember meeting a cop in pissonarock ( pronounciation,not spelling ) ! , that was driving a new range rover,.even a chief constable in the uk cant afford one, go fugure,......

#9 imaneggspurt

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Posted 2009-05-13 09:39:18

A couple of months ago, I happened to be in Central Festival, which was holding a small car exhibition on the ground floor. They happened to have a Mini Cooper 'S' there, and when I asked the price, was told 3.2 million baht!!! I knew that imports are expensive, however this was more than my Toyota Fortuner and Honda Accord (bought new 2 years and 1 year ago respectively) cost together!!! The 'on the road' price in the UK equates to circa 830,000 baht, so where does the other 2+ million come from??? See link below:

http://www.mini.co.u...per_s/home.html

The thought of spending what is the equivalent of +60,000 pounds for a mini just defies belief! Where is the tax hike in this? I can understand 100% import duty, but that doesn't come close to the actual retail price here. There are other examples that I've researched, but nothing comes close to this one in actual percentage hike over the actual value of the car.

what about a 10 year old mitsubishi colt that is 400 pounds in the uk and 180000 baht here ! :)

#10 katabeachbum

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Posted 2009-05-13 09:51:55

Check the lifestyle of any government employee in thailand,you will see where the "taxes " go,..i remember meeting a cop in pissonarock ( pronounciation,not spelling ) ! , that was driving a new range rover,.even a chief constable in the uk cant afford one, go fugure,......


i know several cops driving accord/camry/fortuner at 30k/ month, with salaries 25k/ month. I dont think they spend tax-money :D :D

A new RR is 8 mill here :)

#11 LivinginKata

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Posted 2009-05-13 10:39:48

A new RR is 8 mill here :)

What a bargain, are you sure only 8 mill, I would have thought much more....

#12 ignis

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Posted 2009-05-13 11:01:17

A new RR is 8 mill here :)

What a bargain, are you sure only 8 mill, I would have thought much more....


2009 Land Rover Range Rover Wagon 4dr TDV6 Auto 6sp 4WD 2.7D is 7,490,000.....List Price in Thailand....
a 2008 are for sale for around 4 million..... LOST almost 50% in a year!!......... a 2006 cost new 6.3 million and now there for sale around 2.8 - 3.2

#13 katabeachbum

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Posted 2009-05-13 11:05:46

A new RR is 8 mill here :D

What a bargain, are you sure only 8 mill, I would have thought much more....


No, could be more now with the Jag V8. 8 mill was 4 years ago, but I got a Fortuner at 1,25 :) Insane difference in taxes. Fortuner/peoplecarrier designed to LOS taxes build on frame in LOS, tax is 200k. Vigo/ pickup top of the line is 27k. RRmore than 5 mill :D We should be happy someone pays tax.
And for the Mini, I would get 4 Yaris/Jazz top spec. Made in LOS, little tax.

#14 LivinginKata

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Posted 2009-05-13 11:06:19

A new RR is 8 mill here :)

What a bargain, are you sure only 8 mill, I would have thought much more....

Ooohh ..... I thought RR = Rolls Royce ... :D

#15 katabeachbum

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Posted 2009-05-13 11:09:07

A new RR is 8 mill here :)

What a bargain, are you sure only 8 mill, I would have thought much more....


2009 Land Rover Range Rover Wagon 4dr TDV6 Auto 6sp 4WD 2.7D is 7,490,000.....List Price in Thailand....
a 2008 are for sale for around 4 million..... LOST almost 50% in a year!!......... a 2006 cost new 6.3 million and now there for sale around 2.8 - 3.2


This is the tax-beating max 3000cc/ 220hp. Then the V8 supercherged 550 hp Jag engine equipped must be more than 10mill.

#16 ignis

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Posted 2009-05-13 11:20:15

A new RR is 8 mill here :)

What a bargain, are you sure only 8 mill, I would have thought much more....

Ooohh ..... I thought RR = Rolls Royce ... :D


Rolls Royce is no longer imported into Thailand, nearest you can get is the 2009 Bentley Arnage @ 32.5 million or the 2009 Bentley Continental starting @ 22 million to Coupe 2dr @ 22.5million to the 4x4 GT @ 25.5 million

#17 LivinginKata

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Posted 2009-05-13 11:21:44

Rolls Royce is no longer imported into Thailand, nearest you can get is the 2009 Bentley Arnage @ 32.5 million or the 2009 Bentley Continental starting @ 22 million to Coupe 2dr @ 22.5million to the 4x4 GT @ 25.5 million


Ouch ..... :)

#18 greenwood01

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Posted 2009-05-13 11:25:10

just goto any country. Buy yourself a storage and get yourself an imported skyline for cheap.

Go to said country every 6months and drive 24/7 for 3 days.

then come back to your life, that way you won't want to attempt suicide after driving lawn mowers everyday


My point of view on cars in thailand:

If they lowered the import tax to make foreign cars affordable, they would reduce traffic by at least 25% since the biggest reason that there is traffic in thailand(apart from the stupid lights that only do one side at time) is that most cars can't get to 40km/h in less than 15secs so all the cars get stuck waiting for the slow acceleration and they dont have time to clear intersections.

Edited by greenwood01, 2009-05-13 11:26:47.


#19 LivinLOS

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Posted 2009-05-13 12:53:07

Second Hand Values in Thailand CRAZY

I can't speek for Other Countrys but certainly in the UK 2 years Old will knock 50% off of the New Price.

To buy at 50% of New price here it would be more like 10 years Old.



That used to be the case.. Lots of cheap(er) cars being pushed onto the market thanks to the credit boom and over borrowing..

Saw a 02 DMax for 250 asking.. Buddy lost about 30% on a pickup over 18 months.. Etc etc..

Theres a compression effect of so many people buying cars putting them onto the second hand market..

#20 Boater

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Posted 2009-05-13 13:46:21

Rolls Royce is no longer imported into Thailand, nearest you can get is the 2009 Bentley Arnage @ 32.5 million or the 2009 Bentley Continental starting @ 22 million to Coupe 2dr @ 22.5million to the 4x4 GT @ 25.5 million



and people are serious to pay these prices !

#21 BakMah

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Posted 2009-05-13 18:16:51

I have hopes that after the ASEAN summit in Phuket next month(edit: October!) they will agree on the AFTA and implement overall import tariff reductions on imported cars in 2010. I would trade in my Fortuner (which is still a great car) and get something more... "individual" that does not cost me an arm and a leg. Not that there is too much of a selection from Asian manufacturers. Mini, Mercedes and BMW will certainly remain ridiculously overprized.

Quote from mima.gov.my analysis by Nazery Khalid:

AFTA was initiated by ASEAN leaders at the Fourth ASEAN Summit in Singapore in January 1992 with the main objective of increasing the region's manufacturing competitiveness by attracting more FDI and thereby expanding their production base geared for the world market. The Framework Agreement on Enhancing ASEAN Economic Cooperation was conceived with the realization that in an increasingly competitive world, the ASEAN region needs to lower the cost of conducting business in the region to stay competitive against rising economic powers such as China and India"


Edited by BakMah, 2009-05-13 18:22:30.


#22 pagallim

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Posted 2009-05-14 00:00:29

I have hopes that after the ASEAN summit in Phuket next month(edit: October!) they will agree on the AFTA and implement overall import tariff reductions on imported cars in 2010. I would trade in my Fortuner (which is still a great car) and get something more... "individual" that does not cost me an arm and a leg. Not that there is too much of a selection from Asian manufacturers. Mini, Mercedes and BMW will certainly remain ridiculously overprized.

Quote from mima.gov.my analysis by Nazery Khalid:

AFTA was initiated by ASEAN leaders at the Fourth ASEAN Summit in Singapore in January 1992 with the main objective of increasing the region's manufacturing competitiveness by attracting more FDI and thereby expanding their production base geared for the world market. The Framework Agreement on Enhancing ASEAN Economic Cooperation was conceived with the realization that in an increasingly competitive world, the ASEAN region needs to lower the cost of conducting business in the region to stay competitive against rising economic powers such as China and India"


I don't believe that it's ever going to happen. Various quotes about the upper market products such as BMW, Mercedes, and Lexus etc. Certainly Mercedes (and I believe BMW) have a manufacturing capacity here in Thailand, but still the 'locally' assembled products bear no relation to the global price structure. Witness this, my Honda Accord 2.4 retails in most countries for a similar price to say a BMW 318 or Merc C200 (give or take a couple of thousand Euros/Dollars). I paid 1.6 million one year ago for my Honda, and a new (locally assembled) Merc C200 costs 2.8 million baht. Where is the justification in that? Unfortunately, these companies price even the locally produced models at a level to maintain some form of marketing standard with the imported ones. That's why you see no end of Mercedes E200 models, that would retail in US/UK for less than 50,000 dollars/30,000 pounds, being retailed here for the equivalent of $100,000 or more!!! And they are locally assembled!

#23 katabeachbum

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Posted 2009-05-14 11:23:20

I agree. Its not a tax question. Actually the LOS made Accord 2400cc has 35% excice tax, while the LOS made Benz 200/1800cc has 30% excice tax.
Its a market where a few people are willing to pay extreme prices for some products. BMW, Benz, Land Rover and Lexus have succeded. :D Volvo deliverd 191 units last year :D
Back to OPs Mini Cooper S. Based on OPs UK price of 830.000 baht, I just calculated the price here to be 2.382.000 baht including all thai taxes. The rest goes to the importer and dealer. And this was based on UK on the road price.......................

So lets only buy the LOS made tax adapted low profit cars, and let the stinking rich people buy the above. Or we pick them up second hand 2year/50%. :D

By the way, BMW, Benz, Volvo all make cars in LOS to avoid import duties on their products. And they use the tax reduction to increase profit. Clever :)

#24 Peterocket

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Posted 2009-05-14 17:08:03

So which are the cheapest/best value cars available to buy new which are manufactured in Thailand with the lowest tax?

#25 katabeachbum

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Posted 2009-05-14 18:48:03

So which are the cheapest/best value cars available to buy new which are manufactured in Thailand with the lowest tax?


Any 2 door/2500cc pickup is 0% tax
Any 4 door/3000 cc pickup is 3% tax
Any car less than 2000cc made in LOS like Toyota, Honda(these 2 have 90% of the market!) Chevy, Mazda, Mizu, Ford
Asean build cars 5% import duty(Malaysia, Indonesia and 7 more countries in Asia) like Proton, Toyota Wish
People carriers build on frame like Fortuner, Isuzu MU7, Mizu Pajero Sport all designed to avoid car tax. :)





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