1Likes
|
|
22 Apr 2013
|
Registered Users
New on the HUBB
|
|
Join Date: Feb 2013
Location: london
Posts: 12
|
|
Selling a Bike in Costa Rica or Nicaragua
researching for trip to Central America from mid-July to early September. Fly in to Guatemala and out of San Jose.
From what i can gather, buying a second hand bike (around 400cc) in Guatemala should not be too complicated if we are patient with paper work. does anyone have any idea of a rough time/cost of this for a British passport holder (can't imagine nationality makes a difference)? or anything i could do in advance to make the process easier?
also, it seems that selling the bike could be more complicated
is it right that import tax in costa rica can be as much as the cost of the bike itself? if so, is it even worth trying to bring it in to the country, or would we be better selling in nicaragua and then getting busses for the last section?
:confused1: :confused1: :confused1:
any suggestions??
Last edited by gukewarmley; 30 Apr 2013 at 12:45.
Reason: change of plan
|
23 Apr 2013
|
Registered Users
Veteran HUBBer
|
|
Join Date: Sep 2008
Location: antigua,guatemala
Posts: 216
|
|
If the seller has all his paperwork in order(clean title,no outstanding tickets) than you can have the bike registered in your name in 48 hours .
|
30 Apr 2013
|
Registered Users
Veteran HUBBer
|
|
Join Date: Jan 2012
Location: Miami/Managua
Posts: 211
|
|
to sell the bike in nica you will have to import it. i believe, but may be wrong, that smaller bikes generally are charged a lower rate. standard is 35%. selling it will not be a quick process unless you plan to sell for near zero. the market is filled with bikes in that category.
you will also have to register and insure it. this takes time. there are people taht do the running around for you and can get it done in 2-3 days. they charge about 75-100 US.
|
30 Apr 2013
|
Registered Users
New on the HUBB
|
|
Join Date: Feb 2013
Location: london
Posts: 12
|
|
thank you teevee.
do you know how different this is to Costa Rica? 35% does not seem to bad - especially if i have enough time in Nica to do the running around myself. although, in my experience these things have a habit of being more complicated than they seem...
in theory we could get to Panama and get a bus back to San Jose - again does anyone know a rough comparison in terms of selling bikes there compared to CR/Nica (both import taxes, and also market saturation) ??
or even better ---- does anyone want to buy a bike in early September? this is a whole new level of forward planning
|
6 May 2013
|
Registered Users
New on the HUBB
|
|
Join Date: Mar 2013
Location: Puerto Vallarta, Mexico
Posts: 16
|
|
Hello,
I'm living in Nicaragua and I will ask for you how is the paperwork procedure for a small bike.
If you come from Honduras you can normally buy an insurance for the bike at the border.
About the import-taxes I have to ask at the customs.
But don't buy Suzuki or Kawasaki. They are really rare in Costa Rica and Nicaragua - at least the bigger ones. Here they have Suzuki AX 100 or sometimes DR 200 - but the Suzuki DRZ 400 you won't find. So no Spare Parts and no buyers.
And chinese and indian bikes - it's up to you...
I have only Hondas, especially XR 250 Tornados. If you come with a Tornado in good shape I will buy it from you - may be
saludos Josecito
|
15 May 2013
|
Registered Users
Veteran HUBBer
|
|
Join Date: Jan 2012
Location: Miami/Managua
Posts: 211
|
|
Quote:
Originally Posted by gukewarmley
thank you teevee.
do you know how different this is to Costa Rica? 35% does not seem to bad - especially if i have enough time in Nica to do the running around myself. although, in my experience these things have a habit of being more complicated than they seem...
in theory we could get to Panama and get a bus back to San Jose - again does anyone know a rough comparison in terms of selling bikes there compared to CR/Nica (both import taxes, and also market saturation) ??
or even better ---- does anyone want to buy a bike in early September? this is a whole new level of forward planning
|
i know that CR has much higher import duties on vehicles than nica, but not sure if they apply to smaller bikes. also not sure if 400cc counts as small.
selling the bike will not require much running around. it's the importation that will cause you nightmares. you could hire a customs agent (aduanero) for around $125 US and that would lighten your load considerably.
|
23 Jun 2013
|
Registered Users
New on the HUBB
|
|
Join Date: May 2013
Location: Chilliwack, BC
Posts: 10
|
|
Xr 125 honda. 2013. 1800 American
Mexican bike i would like to sell after about another month as my trip ends there.... If anyone is interested pm me ! Thanks !
|
25 Jun 2013
|
Registered Users
New on the HUBB
|
|
Join Date: Feb 2013
Location: london
Posts: 12
|
|
i will PM you now with more details. not long now so keen to sort out a bike as soon as possible.
luke
|
25 Jun 2013
|
Registered Users
HUBB regular
|
|
Join Date: Sep 2009
Posts: 27
|
|
Hi Luke,
Come see me once your in Antigua, I will help you find a bike.
David
http://www.motorcycle-adventure-guatemala.com/
Last edited by coors; 20 Sep 2014 at 18:37.
|
18 Jul 2013
|
Registered Users
HUBB regular
|
|
Join Date: Jun 2010
Posts: 70
|
|
I sold a yamaha 250 from Mexico for a friend last year, let me know if you are still doing this & what the bike is, I am in Panama 30 mins from Pasa Canoas.
DO NOT EXPECT TOP PRICES if you are doing this & remember you can very quickly spend $500 waiting for a better offer which may only end up being $300!!!!!
|
28 Dec 2013
|
Registered Users
New on the HUBB
|
|
Join Date: Sep 2013
Posts: 8
|
|
Hi,
I'll be in Costa Rica in a couple of weeks, I was stopped by a nice gentleman in Antigua Guatemala who inquired about buying it in CR and I have a couple of questions.
First, it's a 2014 f800GSA, US registration.
1. What is the process for transferring ownership?
2. Can anyone suggest a good way to transfer the money safely (escrow)?
3. Any other concerns I should have?
If I don't sell it I need to ship it back, so I'm pretty motivated - and he's making me a very good offer.
Thoughts?
|
29 Dec 2013
|
Registered Users
HUBB regular
|
|
Join Date: Apr 2011
Location: San Jose, Costa Rica, CA
Posts: 27
|
|
Hi, its very easy:
You need to give to the buyer the title, the temporary import permit and go to lawyer in CR in order to make the paperwork, if the buyer is costarican, he may know it, so you can leave the country without problems.
If you have any doubs feel free to contact me here in CR and I will contact you with a good lawyer and I will show you how to to the sell.
Cheers.
Oscar.
Quote:
Originally Posted by MplsMoto
Hi,
I'll be in Costa Rica in a couple of weeks, I was stopped by a nice gentleman in Antigua Guatemala who inquired about buying it in CR and I have a couple of questions.
First, it's a 2014 f800GSA, US registration.
1. What is the process for transferring ownership?
2. Can anyone suggest a good way to transfer the money safely (escrow)?
3. Any other concerns I should have?
If I don't sell it I need to ship it back, so I'm pretty motivated - and he's making me a very good offer.
Thoughts?
|
|
29 Dec 2013
|
Registered Users
HUBB regular
|
|
Join Date: Jul 2012
Posts: 45
|
|
I am in Costa Rica with my 2009 750 Honda Shadow which i rode from Florida to Costa Rica. I decided to nationalize (permanently register) the bike in Costa Rica because i will be living here for at least part of the year. The tax in Costa rica is very steep. About 50% of what they feel the bike value is. My bike in the US is worth about $4000-5000. I paid a tax of about $2200.00, however that is not all. The process is roughly this:
1. You need an agent that knows what he is doing (agent $225.00).The bike must go to a broker and bonded warehouse (Broker $150.00) to be inspected and have the mileage confirmed. This can take days to weeks depending which broker you choose. In my case, one week and ($125.00 warehouse).
2. Next when the bike is released from the warehouse you must go to Reteve to have a vehicle inspection. Lights, exhaust, tires etc. $20.00. You can then take it home but not drive it until you get plates and pay the Marchamo.
3. Your attorney will get the plates and pay the Marchamo. Attorney $258.00
Marchamo (registration) $495.00. This takes about another week and believe me that is fast. It can take much longer.
4. Once you get the plates you must go the the Marchamo office to get 3 stickers that must be displayed on the bike.
All told i paid $3400.00 for a bike that would sell in the US for maybe $5000.00. Not good math, but i need transportation here and it was my best alternative. I new this coming in so no big deal. You may be able to do some of this for less if you are willing to run around, but it is complicated and i didn't want to wast my time for a couple hundred bucks. Not to mention the frustration dealing with government offices here.
Good Luck
|
1 Jan 2014
|
Registered Users
New on the HUBB
|
|
Join Date: Sep 2013
Posts: 8
|
|
Thanks Oscar, I'll be in touch.
So, should I expect that any buyer will have to pay this import tax as part of the transaction?
I had heard this before and figured I may be better off selling in Panama - but my the person I spoke to from CR said this was not an issue, that I should be able to sell the bike for as much as I paid in the US.
|
2 Jan 2014
|
Registered Users
HUBB regular
|
|
Join Date: Jul 2012
Posts: 45
|
|
If the bike is registered in the US an the buyer intends to keep it in Costa Rica he will have to pay the tax to get a CR title and plates etc.
|
Currently Active Users Viewing This Thread: 1 (0 Registered Users and/or Members and 1 guests)
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
Next HU Events
ALL Dates subject to change.
2025 Confirmed Events:
- Virginia: April 24-27 2025
- Queensland is back! May 2-4 2025
- Germany Summer: May 29-June 1 2025
- CanWest: July 10-13 2025
- Switzerland: Date TBC
- Ecuador: Date TBC
- Romania: Date TBC
- Austria: Sept. 11-15
- California: September 18-21
- France: September 19-21 2025
- Germany Autumn: Oct 30-Nov 2 2025
Add yourself to the Updates List for each event!
Questions about an event? Ask here
See all event details
Check the RAW segments; Grant, your HU host is on every month!
Episodes below to listen to while you, err, pretend to do something or other...
2020 Edition of Chris Scott's Adventure Motorcycling Handbook.
"Ultimate global guide for red-blooded bikers planning overseas exploration. Covers choice & preparation of best bike, shipping overseas, baggage design, riding techniques, travel health, visas, documentation, safety and useful addresses." Recommended. (Grant)
Ripcord Rescue Travel Insurance™ combines into a single integrated program the best evacuation and rescue with the premier travel insurance coverages designed for adventurers.
Led by special operations veterans, Stanford Medicine affiliated physicians, paramedics and other travel experts, Ripcord is perfect for adventure seekers, climbers, skiers, sports enthusiasts, hunters, international travelers, humanitarian efforts, expeditions and more.
Ripcord travel protection is now available for ALL nationalities, and travel is covered on motorcycles of all sizes!
What others say about HU...
"This site is the BIBLE for international bike travelers." Greg, Australia
"Thank you! The web site, The travels, The insight, The inspiration, Everything, just thanks." Colin, UK
"My friend and I are planning a trip from Singapore to England... We found (the HU) site invaluable as an aid to planning and have based a lot of our purchases (bikes, riding gear, etc.) on what we have learned from this site." Phil, Australia
"I for one always had an adventurous spirit, but you and Susan lit the fire for my trip and I'll be forever grateful for what you two do to inspire others to just do it." Brent, USA
"Your website is a mecca of valuable information and the (video) series is informative, entertaining, and inspiring!" Jennifer, Canada
"Your worldwide organisation and events are the Go To places to for all serious touring and aspiring touring bikers." Trevor, South Africa
"This is the answer to all my questions." Haydn, Australia
"Keep going the excellent work you are doing for Horizons Unlimited - I love it!" Thomas, Germany
Lots more comments here!
Diaries of a compulsive traveller
by Graham Field
Book, eBook, Audiobook
"A compelling, honest, inspiring and entertaining writing style with a built-in feel-good factor" Get them NOW from the authors' website and Amazon.com, Amazon.ca, Amazon.co.uk.
Back Road Map Books and Backroad GPS Maps for all of Canada - a must have!
New to Horizons Unlimited?
New to motorcycle travelling? New to the HU site? Confused? Too many options? It's really very simple - just 4 easy steps!
Horizons Unlimited was founded in 1997 by Grant and Susan Johnson following their journey around the world on a BMW R80G/S.
Read more about Grant & Susan's story
Membership - help keep us going!
Horizons Unlimited is not a big multi-national company, just two people who love motorcycle travel and have grown what started as a hobby in 1997 into a full time job (usually 8-10 hours per day and 7 days a week) and a labour of love. To keep it going and a roof over our heads, we run events all over the world with the help of volunteers; we sell inspirational and informative DVDs; we have a few selected advertisers; and we make a small amount from memberships.
You don't have to be a Member to come to an HU meeting, access the website, or ask questions on the HUBB. What you get for your membership contribution is our sincere gratitude, good karma and knowing that you're helping to keep the motorcycle travel dream alive. Contributing Members and Gold Members do get additional features on the HUBB. Here's a list of all the Member benefits on the HUBB.
|
|
|