Listen to the replay of the conference call from Saturday, May 1st to learn the fastest, easiest, most stress-free, and affordable way to buy a car in Panama.
Panama does not have huge import taxes on cars for sale like other Latin American countries so car prices in Panama are about the same as North America. When you compare the price of a car in Panama to the price listed on Kelly Blue Book, the price is about the same.
However, if you ship your own car into Panama, there is a 17% import tax. Learn more about shipping your car into Panama here.
New car dealerships are available for Toyota, Hyundai, Kia, Isuzu, Jeep, Ferrari, Mercedes-Benz, Ford, Chevy, and more are all available in Panama.
There is also a Harley Davidson motorcycle dealership in Panama City.
Used car dealerships are available throughout Panama too.
But there’s a MUCH BETTER way to buy a car in Panama. Listen to the replay of the call to learn how to use a car broker to buy a car in Panama!
We have recommendations for honest and affordable car brokers in our Online Panama Relocation Guide. You just tell them what you’d like to buy and how much you want to spend. They do all the shopping for you, deliver the car to you, and take care of the title transfer. It’s like having an EASY BUTTON to buy a car.
The Online Panama Relocation Guide has detailed information to make all aspects of your move to Panama stress-free. Plus it includes our ongoing support for before, during, and after your move to Panama.
HOW MY PLUMBER HELPED ME GET MY CAR BACK!
In February, I had an auto accident in Panama. It’s the first time I’ve had an accident in Panama and the second time in my whole life.
During the first part of the conference call, I discussed the update on the auto accident and how my plumber helped!
Read about what to do if you have an auto accident in Panama.
Because I thought it would take 3-4 months to get my wrecked car fixed, I bought a different car a few weeks after the accident.
To buy the car, I sent a WhatsApp message to a car broker on Thursday. On Friday, he sent me photos and videos of three different used cars to select from. On Saturday, I picked the car I wanted to buy then the car broker had it inspected. Monday morning, it was delivered to my house. I sent the payment to the seller via online bill pay so there was no fee for the transfer. The whole process was so easy!
Surprisingly, my wrecked car got fixed in two months. If I had known it would get fixed so fast, I probably would not have bought a different car. My plumber called to let me know the car was fixed. He’s friends with the owner of the car repair place, so he was checking on the car for me every couple of weeks.