Thought this would be a good place to explain what happens when you go to buy a NEW car in Costa Rica:
I currently own a 92 Hundai Elantra with an unspecified amount of kilometers on it (way over 100,000K). While the car is acceptable, it's been giving me a few problems of late and I'm finding myself spending more money on fixing the various problems than I care too.
For this reason, I've been watching the ads and thinking about buying a new small car for my city driving. I looked at the Toyota Yaris, Dihatsu Charade, even the new Geely line from China. Price was very high on the Yaris but acceptable on the Geely (just over 10K. US). Being that the Geely is new and didn't have a track record, I kind of passed. Then I saw a little Chevy called the Spark. It looked like an aerodynamic Charade. Curious, I paid a visit to the local Chevy dealer (Disexport) which is across the street from Fogos. I liked it and I liked the price which was 10K. I learned that its been out in Europe for 5 years and is a hot seller. It's Korean but GM bought the company, so thats why its available as a Chevy. It gets 75 miles to the gallon! In addition the dealer offered me 2,000.00 for my piece of shit Elantra. I took a test drive and was sold - even though its only a 3 clyn - it had twice as much gumption than the underpowered Elantra.
The dealer told me that $500.00 would reserve the car for me. I took the plunge and gave him $500.00. He told me that when I come back with 7500.00 and my car, I could get the Spark in 4 days (lots of paperwork in Costa Rica due to duty and import probs).
On Oct. 12, I wrote a check for 7500.00 from my B of A account to my Scotiabank account here in San Jose. Even though my funds were paid to my Scotiabank, by the B of A on the 16th of Oct., Scotia held the money for 14 working days before it was available to me. When the money was available, I got the cash and went to Disexport with the money and my car. I was then told that because of a backlog at Customs, it would be 6 working days. They took the cash, gave me a receipt and told me to come back at 4:00PM on Nov. 9th.
So, even with cash and a trade, it will be almost a month before I have my new car. As most of you know, if you walk into a dealer in the US with cash and a trade, you are driving out of the dealership an hour later in your new car. NO SO IN COSTA RICA!!!
Just thought you'd like to know.
LVSteve