Buying a car in Italy
#1
Forum Regular
Thread Starter
Joined: Nov 2009
Posts: 30
Buying a car in Italy
Can anyone here tell me the ins and outs of buying a car here in Italy?
My Italian friend here just tells me "many taxes", but as usual with Italians, so vague (ees no problema...domani domani)....
What taxes, where is the best/cheapest insurance etc etc etc...?
My Italian friend here just tells me "many taxes", but as usual with Italians, so vague (ees no problema...domani domani)....
What taxes, where is the best/cheapest insurance etc etc etc...?
#2
Re: Buying a car in Italy
Do you mean buying new or second hand?
I do not know what taxes they add on second hand cars as we always bought new cars( too scared to go for second hand).
The price of a new car comes with the tax, I believe 20%, which you can avoid paying if you work for an international organization.
The insurance we took, Kasko collisione was extremely high compared to what we would have paid for fully comprehensive back in the UK.Of course, the insurance cost will be dependent on your driving history and category of car. For a Toyota 7 seater, we forked out 1,800 per year, Ouch!Thank god we can pay in installments.
Hope that this info helps.
Regards,
Isakat
I do not know what taxes they add on second hand cars as we always bought new cars( too scared to go for second hand).
The price of a new car comes with the tax, I believe 20%, which you can avoid paying if you work for an international organization.
The insurance we took, Kasko collisione was extremely high compared to what we would have paid for fully comprehensive back in the UK.Of course, the insurance cost will be dependent on your driving history and category of car. For a Toyota 7 seater, we forked out 1,800 per year, Ouch!Thank god we can pay in installments.
Hope that this info helps.
Regards,
Isakat
#3
Forum Regular
Thread Starter
Joined: Nov 2009
Posts: 30
Re: Buying a car in Italy
Second hand...
New?..Good grief, I'm not rich!!
New?..Good grief, I'm not rich!!
#4
Banned
Joined: Mar 2009
Posts: 999
Re: Buying a car in Italy
I am going to try to buy a car on Friday to me it seems new and second hand are very expensive here , cars 10 years old are still worth thousands apparently, I have been looking for cars in the papers and online with http://www.subito.it/ and I think I will try and buy a small new car, people tell me buying a used car here is very dodgy , I have been trying to get a list of new car prices but cant find one , the second hand cars advertised seem to have colossal mileages too, the dealers adverts are deceiving to there was a new models advertised in the local paper very cheaply with an asterisk next to the price and a load of print like microdots next to it, it was impossible to read with a powerful magnifying glass , maybe I was spoiled where I used to live was all car dealers
#5
Re: Buying a car in Italy
I am going to try to buy a car on Friday to me it seems new and second hand are very expensive here , cars 10 years old are still worth thousands apparently, I have been looking for cars in the papers and online with http://www.subito.it/ and I think I will try and buy a small new car, people tell me buying a used car here is very dodgy , I have been trying to get a list of new car prices but cant find one , the second hand cars advertised seem to have colossal mileages too, the dealers adverts are deceiving to there was a new models advertised in the local paper very cheaply with an asterisk next to the price and a load of print like microdots next to it, it was impossible to read with a powerful magnifying glass , maybe I was spoiled where I used to live was all car dealers
Check it out online or buy a copy of it at the local edicola.
#6
Re: Buying a car in Italy
http://www.trapasso.com/form.shtml
#7
Re: Buying a car in Italy
You don't need to be rich to buy a new car. We always buy new. And I ain't rich because I've had to sack the nanny and au-pair.
Depending on the car, it might work out to be cheaper to buy new than second hand here in Italy if you intend to keep the car for 3/4 years.
Remember dealer discounts can offset first year depreciation and then you might be able to get free insurance for the first year and/or maybe 0% finance. Buying new: You might get some incentive if you've already an old car, you'll have hardly any maintenance costs and be exempt from the MOT for 4 years. You don't have to pay the fees relating to the change of ownership either and after 3/4 years you'll still have an asset worth some money whereas you'll lose a lot more in depreciation on an older car. Again it really depends on the make of car.
Depending on the car, it might work out to be cheaper to buy new than second hand here in Italy if you intend to keep the car for 3/4 years.
Remember dealer discounts can offset first year depreciation and then you might be able to get free insurance for the first year and/or maybe 0% finance. Buying new: You might get some incentive if you've already an old car, you'll have hardly any maintenance costs and be exempt from the MOT for 4 years. You don't have to pay the fees relating to the change of ownership either and after 3/4 years you'll still have an asset worth some money whereas you'll lose a lot more in depreciation on an older car. Again it really depends on the make of car.
#8
Re: Buying a car in Italy
#9
Re: Buying a car in Italy
You don't need to be rich to buy a new car. We always buy new. And I ain't rich because I've had to sack the nanny and au-pair.
Depending on the car, it might work out to be cheaper to buy new than second hand here in Italy if you intend to keep the car for 3/4 years.
Remember dealer discounts can offset first year depreciation and then you might be able to get free insurance for the first year and/or maybe 0% finance. Buying new: You might get some incentive if you've already an old car, you'll have hardly any maintenance costs and be exempt from the MOT for 4 years. You don't have to pay the fees relating to the change of ownership either and after 3/4 years you'll still have an asset worth some money whereas you'll lose a lot more in depreciation on an older car. Again it really depends on the make of car.
Depending on the car, it might work out to be cheaper to buy new than second hand here in Italy if you intend to keep the car for 3/4 years.
Remember dealer discounts can offset first year depreciation and then you might be able to get free insurance for the first year and/or maybe 0% finance. Buying new: You might get some incentive if you've already an old car, you'll have hardly any maintenance costs and be exempt from the MOT for 4 years. You don't have to pay the fees relating to the change of ownership either and after 3/4 years you'll still have an asset worth some money whereas you'll lose a lot more in depreciation on an older car. Again it really depends on the make of car.
#10
Banned
Joined: Mar 2009
Posts: 999
Re: Buying a car in Italy
Thanks there is all the info I need in Quattro Ruote, I am browsing now
#11
BE Enthusiast
Joined: Jan 2008
Location: Was Naples, now Surrey.
Posts: 528
Re: Buying a car in Italy
Brace yourself for the insurance. It's very expensive.
#12
Re: Buying a car in Italy
I know someone one selling a year old smart for €7k. Auto with 10k on clock. US family returning to states so it's kosher. Too small for me!
#13
Banned
Joined: Mar 2009
Posts: 999
Re: Buying a car in Italy
I have a smart on rental at the moment and although I feel like noddy they are great cars , I have a cabriolet diesel automatic , snag is nowhere to put anything someone has offered me a year old car who is going back to Germany but I feel like taking the plunge and get a new car, biggest problem I find is getting money into Italy, I am with Barclay and they don't want to let go, I called barclaycall and said if I try to spend say twelve thousand with my debit card will they pay and he said they will probably refuse for security reasons and I cant call up first, he said after calling me they would let it go through but that would be embarrassing, I said can I transfer to my Italian account and gave a number to call but it takes three days, I called the number of Barclay international and they had gone home, I can pay with a Barclay credit card if I call first apparently as for insurance I have a policy still running in the uk with full no claims and have been told its transferable but it still will not be cheap , does anyone know if you can haggle on a new car? would not want to do it but I am taking an Italian with me
#14
Concierge
Joined: Apr 2007
Location: Verona/ Nr Turin
Posts: 4,672
Re: Buying a car in Italy
Yes, you do haggle for a new. In fact, it's expected. We tried to pay for our last car with an Italian credit card. The dealer's 'system' wouldn't accept it.
#15
Re: Buying a car in Italy
Expect bigger discounts for cars which need to be registered in the same month. These are usually cars in 'pronta consegna' typically having the most sought/added options sent by the manufacturer to the dealer. The aim should be 10% discount with the French manufacturers giving closer to 15%. But again it can be as low as 1% for some of the Japanese cars which are full optional.