Buying a car in Spain is a legal and safe process if the correct steps are followed. These are some of the most frequently asked questions related to this topic:
Can I buy a car without being a resident in Spain? Yes, it is not necessary to be a resident to buy a car in Spain. However, you must comply with the relevant legal and tax requirements.
What is the necessary documentation to buy a second-hand car? To buy a second-hand car in Spain, you will need the DNI or NIE (Foreign Identification Number), a photocopy of the purchase and sale contract, the vehicle traffic report, the Report from the General Directorate of Traffic (DGT) and the receipt of payment of the Property Transfer Tax.
How can I know if a car has outstanding charges or fines? You can obtain a Traffic Report at the General Directorate of Traffic to verify if the car has any outstanding charges or fines.
Is it necessary to take out car insurance before buying it? Yes, it is mandatory to have civil liability insurance for the car before driving it. You must purchase it before purchasing and provide the policy at the time of transfer.
What are the taxes and fees associated with the purchase of a car? When buying a car in Spain, you must pay the Property Transfer Tax (ITP), which varies depending on the autonomous community and the price of the vehicle. In addition, there is also the obligation to pay the Circulation Tax every year.
Is it better to buy a new or second-hand car? Choosing between a new or second-hand car depends on your needs and budget. New cars typically have a longer warranty and fewer mechanical problems, but they are more expensive. Second-hand cars are cheaper, but require a thorough inspection before purchase.
Can I finance the purchase of a car in Spain? Yes, many dealerships and financial institutions offer financing options for the purchase of a car. You should evaluate the terms and conditions of the financing before committing.
Remember that it is important to carry out extensive research on the desired car and take into account the legal and tax aspects before making the purchase.