Is It Really Expensive To Buy a Car in Colombia?
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- čas přidán 19. 10. 2021
- This channel will help you fulfill your ”Latino Dream”: living in Latin America, investment ideas, finding love, learning Spanish, enjoying our culture etc.
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If you take a $11,000 car and add tax ( I don’t know your country’s sales tax, but let’s say 6%, that would be 660.00 plus any license and registration fees plus add you insurance, you will need full coverage if you are financing the car so the bank or lender will be guaranteed payment if you wreck the car and say you don’t want to pay for it ). For 3 years financing without interest your note would be $323.88 a month. This amount does not include any cash down payment you have to put down on the car, or the cost of insurance and registration fees. I hope this helps.
I think it it because most people in the United States are comfortable living in debt. Most people here will get the most expensive car that the bank will finance for them. And since almost everyone here would qualify for a $11,000 car, they say it is very cheap.
and now they getting margin called lol
Right! That's how our country is designed 😂
I like countries that don't rely on cars much. Goes to show different views of things.
Car loans usually require 10% down , and you can finance for up to 7 years, that is how it’s affordable
Don't put yourself in dept...it's not worth the headache.. great video...stay beautiful..
I know Bogota really well. My opinion. Don't put yourself in financial stress. You can take a taxi everyday and it would still be way cheaper than the car. If you feel you won't be stressed then do it. Otherwise a car in a city like Bogota is not necessary. Especially with Pico y placa.my humble opinión. AND the traffic!
Your so sweet that I think all your viewers should start a gofundme account and help you out including me 🤗
Mahia does have an account where you can send your donations for her many projects. No need for a GoFundMe.
Your channel is growing , just Keep making Videos ,you will be able to buy any car you choose. Take us with you when you do.
Love the hair, Afro--it's looking good 😉
Thanks 🦁
So the next video is about you driving around in your brand new car?
That will be great.
Hahahhahahaha 🤞 hope so
Mahia, you sold me on the Suzuki s presso. I am going to buy one after I move. They are inexpensive transportation with the feel of an suv. Thanks for all the car videos!
Great 👌 Information 🤔 watching fr jamaica 😎🌅🏖️
I have never financed a car in my life.....I usually buy 2-3 year old cars......but I did buy a pickup new about 10 years ago
Owning a vehicle in US represents freedom to us. Being able to go where we want and do what we want. That being said, the price of that freedom is debt and as some have stated, we're (some of us) are comfortable living in debt. As for you and what you're looking to do, I suggest getting an 2 to 4 years old in good shape that will be able to handle all the road condition you will face in your travels as you explore and share Latin America with us. Stay awesome!
In North America, a car loan payment is a fact of life. Heck with a car Mahia, get yourself a motorcycle like Itchy Boots and continue to make great Colombia adventure videos.
Hahahahha I’m afraid of motorcycles
which is funny because the top end version of S Presso here in Bangalore, India is roughly 9000 dollars. Not sure why it is more expensive in Colombia. The lowest one costs around 7200 dollars.
Mayaaaaa
Hope you are doing well in your life
Please give us more information about buying a house or apartment in Bogota city in Colombia 🇨🇴
I Hope it will not take you long
A new cheap car here is about $28,000 minimum. Most people finance cars and pay monthly. I ordered a Ford Bronco 7 months ago for $48,000 but they are so far behind building them that I probably won't receive it until late 2022.
Price gouging on Broncos just like they did on Miatas & Hummers when they were new. Bronco looks great, but lets face it, it breaks no new ground. Hopefully it has less recalls than the Explorer.
Wow! I think you should move into comedy--cultural comedy. We need you to use comedy to bring America and Colombia together. Only you can do it because of your unique skills and beauty. You are very, very funny. I loved this video. And the background music was perfect.
i will love to see or a home center shopping prices
Hola Mahia
$40,000 is a lot of money everywhere. Most people in the US can’t afford that expensive of a car.
You seem to be doing just fine getting around to make your videos. Seems more economical to use taxis and public transportation. Just rent a car if you want to travel somewhere far.
Puedes hacer un video sobre SOAT??
That Ford bronco is you all the way!
You need to buy a small SUV or a Crossover without Direct Injection. Do not buy a vehicle with a CVT(Constant Velocity Transmission). Get an older vehicle with TPI(tuned port injection), and a non-CVT automatic transmission or a manual transmission
Just about all cars in Colombia are manual. Automatic is not common
@@gladiator-dh5cb I know this. I live here. I said don’t get a vehicle with a CVT, get one with a non CVT
If you don’t need it don’t buy it maya
True!
Americans say "buy" even though they're Really saying "finance". So, in Colombia, it Depends on whether financing is available.
I think a smaller 4 cylinder SUV with AWD is a good idea. One that is common in Colombia & normal for parts & service. I know Toyota & Honda are probably best quality but are expensive in Caribbean & South America. Maybe even a Subaru if they are common there.
11000 USD 2.5 months or less. I love Colombia.
🤔 Mahiaaaa, you would love 💜 the 2022 hyundai santa cruz in stone blue ... The Ford Bronco would be for La Guajira
The last time you could buy a car for $11,000 was 1995
The Suzuki is real nice and not crazy expensive...If I was going to buy a car in Colombia I would buy that car. $11 thousand dollars is cheap here in the USA. If you buy the Suzuki..get a sunroof..let your Afro hair fly around when you drive lol. You'll get to many different places and video a lot more stuff..look at it as a business investment.
11, 000 dollars for a car? That's cheap. But does it drive well?
Having a car will give you more opportunities to move around in Colombia and make more content of other places in Colombia.
I think is a good idea to get a car.
Hola Leo! That’s what I want, to travel, too much to see and to show in this country
When I lived in Saudi Arabia I bought a new car for $16,000 cash. Not a check for $16K, but $16,000 in Saudi Arabian riyals, a stack of money about 15 cm/6 inches high. That was 1992, the car was a Toyota 4Runner, and it would probably cost $30,000 today.
Majia comprate un coche que es economico, bueno en gasolina y facil para mantener. Parami, tomando muchos años para comprar un coche, no vale la pena. Es mejor invertir mucho dinero en una casa o en algo que te va beneficiar por años.
Can u do video of cheap apartments please
Hands 🖐🏾 and Hair and Hamburgers 🍔 lol 😝 love you more 😘❤💕
How to Expat claim was getting permit for car was hard 20 hours of driving ( with instructor??) lots of read books. explains why lot's people have motorbikes and i'm sure they are cheap
In the US we pay cars off over 5 to 6 years. Everything is bought on credit. That said I never recommend buying cars new. I get cars 2 to 3 years old
Used cars in Colombia are super expensive as well. Way marked up.
Same here, first & second year depreciation is insane.
exactly why pay more?!! And always pay cash andddddd negotiate!!!
One day dealing with traffic in Bogota and you'll wish you took a taxi.
I just posted something similar. Exactly
Don't buy a brand new car, instead go for a second hand car. Car is a depriciating asset. Rather use your valuable money earnestly and intelligently. Save money and use the left over money in some sort of investments like stocks, bonds, mutual funds. Money drags money and car drinks money in the form of fuel and maintenance... I hope you get my point.
How about getting a Motorized Tricycle ? A Tuk Tuk type like used in India and Thailand.
I know that they have them in Mexico, Honduras, Guatemala, and Costa Rica. Maybe there too ? Look on the internet for Rusco Carabao or Piaggio Ape ( Italian made in India) Price would be under 4,000 US dollars.
It is a big decision Maya
Ask yourself, can you live without a car ? Can you afford insurance ? Without insurance if you wreck the car you still have to pay the bank or you will ruin your credit for up to ten years (American Law). Without insurance if you accidentally crash into anything and it is your fault, you can and most probably will be sued for damages plus pain and suffering compensation. Can you afford the monthly payments ? Do you have job security to provide monthly payments up to three years to pay the car off ? It is more cost efficient to save up your money and pay cash so you do not have to pay interest to the bank. You have a case of what is called. “ Car Fever,” forget about the car for a couple of weeks and see how you feel about it. I promise you, the new feeling wears off in a hurry and you are stuck with monthly notes for the car for three years, sometimes you will think about you could use the money for something else that you enjoy but you can’t now because you have a car note to pay for. Main thing is, think long and hard about it, take your time and consider all of your options. Good luck.
Hola Mahia. Most Americans have 2-3 cars. Most used cars cost more than that. . Come back to the states, so we can get you a car with heated seats 😁. Thanks for always informing us on these matters. Many blessings
renault logan stepway - best car for colombia
Wages there and different priorities!! Hahaha! Owning a car is one of those life goal checkoffs in US. In the country , it is most necessary!! In cities ,like New York, not so much!! Good public transit plus expensive parking means a car ,maybe!! Hahaha! Blessings!!
Maya… nobody buys brand new cars in the west. The vast majority of cars bought in the states and in Europe are company cars. Nobody pays cash for cars either, not even millionaires. They get it on finance. Do you have finance in Colombia?
Buying a new car is one of the worst financial decisions you can make in your life. A car is nothing more than an umbrella with wheels.
Buy a basic shitbox, and invest your money.
Keep up the good work! Love your content
LOL Mahia I own one SUV my son owns 5 vehicles all paid for my garage is full.
Buying a brand new car is a waste of money. Even if you have it! The best cars to buy are toyota and honda that were made before 2010 and after 2005, with as little miles as possible. Those cars will drive 200,000 miles easily! Better, they cost much less than "new" cars that will not last as long!
Mahia, buy the blue Suzuki hybrid. You look good in that car plus you can drive it every day!
You can drive any car every day in Bogota, Pico Plata just applies to rush hour.
Suzuki is also a good choice, if is made in Japan.
Many subscribers told me Suzuki wasn't a good brand but actually in Colombia is very reliable, people like it a lot here
@@Afroguajira I got Suzuki here in Canada for a long time, in our difficult tough climat los a long time without mejor problems. But it was made in Japan.
There are many car options you can get instead of Suzuki. It’s popular there because Colombia is a developing country. Considering other cars 🚗 there Suzuki appears very nice. This is how it is with many things. It’s best to Save $1000 to $2000 for that car and nothing else. If you are a kid trying to build credit Suzuki is the good option. Reduce & discount the price to $9000 an finance the rest. Even there paying Suzuki price is pointless. The Citron is nice in many countries.✌️😷
2:45 My dog asked me for a Ferrari this morning 😂
Cost of living in Colombia is very high relative to the average salary in Colombia but low relative to the average US salary. This is why people often retire, move to Colombia and live off their US retirement which allows them to live very comfortably. Many people in the US can buy an $11,000 car out of pocket. Do be very careful when working with banks and car dealers. Their main focus is keeping in you debt. Make sure you do your homework as they will take advantage of you. Don't buy a car when high on emotions and do a lot of research on the car you want to buy.
Mahia buy the Bronco. It is just $40,000. It is a good investment. We use banks to finance our cars here as well but its cheaper to just buy the car without interest.
My 2019 Range Rover costs $78,000, used. I get used, rarely nee, $40,000 for a new car? Thats a good deal.
You know a good salary in Colombia is 12000 anual right? Keep that in my mind.
Bronco...Investment????
@@antoniotula262 LOL an investment??? The car loan companies love to see Starfish Cameo come through the door.
Always get a car you can maintain!
You are dressed very nicely today.
Mahia behind the wheels.. 😳😳
11,000 dollars can build a new house in some countries
I am interested to find out what a Toyota hilux diesel 4×4 costs in Colombia
You lived in Virginia... and I missed you??
Background music is too loud! Can't say I'm a fan of it generally speaking either :(
11months!
America has such a great land mast we need our cars.
Yes, people just assume that Americans have cars just because they want them... But cars are very much a need.
Seat warmers
About 3 months
Mahia, can we guess what color car you’ll get? 🤔 I think you will buy either a lime green or electric blue car 😊
You are cute as a button, as usual, and so full of positive energy, but are a lot of people really interested in buying cars there? I would be interested in hearing about teaching opportunities there for foreigners, but maybe people aren't interested in that either.
What are the interest rate to buy a car?
Can't you find a used car that is very reliable in bogota or do you prefer a new car?
Mahia should buy a Chevy Camero or the Toyota Prius!
Camaro??? You are killing me. Too expensive and too fancy for me lol
@@Afroguajira How about the Ford Taurus?
Do they finance in Colombia?
Does anyone know if financing a car in Colombia is possible?
It would take me 1 year to obtain $11,000. But here in Hawaii I would lle3ase a car or finance. how much to import a car into Columbia. Maybe cheaper to butg a used car in another country and ship it ib.
$250 weekly or monthly?
Big baller in the expedition
We dont have S Presso in my country but you need 4 average monthly salary to buy that car
4 months salary? 😯
@@Afroguajira Yes ...average salary before tax in Finland is 3300 euros
Mahia, you need a haircut.😂😂😂
🦅
🌩
Maya why you so beautiful?
A BRONCO is way too expensive.
Mahia you cannot buy a NEW car here for 11,000$.
Cars are very expensive here.
They are financing cars for 7 years plus you have to have FULL coverage insurance before you can leave the dealership.
In Colombia that's expensive.
The Vitara is great looking.👍👍👍
Hola! Here also you have to get a mandatory insurance if you are getting a loan through the bank
@@Afroguajira How many years do your bank finance there?
I think 5 years
@@Afroguajira Even if you bought the 11, 000$ car that's not what you want. So you would be buying a car you don't like.
I would seriously think about it.
Your Rich you gettn rich from CZcams don't forget about us 😂🤣😅
Do they still sell Russian cars in Colombia?
No
Did they ever? In the 12 years I've been there Ive never seen one.
@@gladiator-dh5cb I rode in one back in 2001 while in Bogota. It was a Lada.
Have you owned a car in Colombia before? I just assumed you already had one since you are college educated. How do you travel from Bogota to Guajira?
News flash. A college education doesnt mean much in Colombia. Unemployment is high & wages are low (if u can find a job)
Oh. You wouldn't want to drive from bogota to la guajira even if you had a car. Very long drive but a quick flight.
@@JohnnieV True ... Its like a 12 hour drive ... Do they have EV charging to any degree in Colombia❓
@@dinodinosaur2930 yes. In big cities but I think it would be hard to get to remote areas. Guajira is very dry and roads can be sketch.
cars are the biggest polluter there is. a used echo is way cheaper and cleaner. think ? do you really need a car.
Get a car that allows you to drive everyday. See new things.
That small car doesn't have the power to go up in the mountains. I would get a mid-sized car with a larger engine. How is your credit with the bank? Put a down payment on one then make payments. Buy a good car that is reliable.
a car is nice and useful. a complaing wife at home is not useful. so better buy a car. lol
🤣🤣🤣...hopefully you're not talking from experience 👍🏾
@@AdvocateOfJamaica yes thats experience
You don't even have a license, but in Colombia who cares hey! Too expensive it is not, you don't earn enough at the moment so just get a used shitbox and your good.
Oh Maya, just get a donkey ...a burro it's cheap
You are too cute. So in my opinion, a car is a luxury regardless of cost because you don't have to rely on public transportation or walk. So your ballin...even if your "whip is roasted"..lol...
do not waste your money on an $11,000 car.. save your money and possibly invest a little bit in crypto currency..
All I know if you was my woman you will have 2 cars or one Bronco call me
Hi Maya
Ford Bronco is low quality vehicle, doesn’t lost. Best choice for you in Colombia is to drive Toyota hybrid. Best is Toyota Prius Prime if you can afford it.
You will save on gas and last long time.
Saludos de 🇨🇦 🍁
Hellooo! I didn't know Toyota has a Hybrid, I am looking it now 😂
👍
@@Afroguajira No Maya, lo mejor que seria mejor seria un Toyota SUV. Yo tengo un Infiniti QX56, y tu puedes hacer MUCHISIMO con los SUVs. $11,000.00 es muy bien por un auto. Especialmente si es hecho en Japon. Los mejores autos para donde quiera? Seria los japoneses porque ellos hacen todo muy bueno y las partes de los autos son baratos tambien. Tambien seria muy bien si compras las herramientas para poder hacer todo lo simple para tu auto tu misma. Tambien te tengo que decir, tu pelo me esta volviendo LOCO. Mejor no digo mas. Suerte con tu auto
@@Afroguajira you are right Toyota Corola hybrid in Colombia is over 100 000 000 this is about 1:5 more expensive then here in Canada 🍁
@@Afroguajira Yes there is even Toyota Corola you can get hybrid option, Maya people here also buying on credit, you can get it from a dealer. But hybrid is usually more expensive.
How are you doing; if you agreed with my planned ; then you would be able to buy that car
Keep oil valuable, buy a car. You could have gone to Festival de Vallenato, but NOOOO.... better promote Earth-killing consumerism... How is mass transit in Colombia?
Someone here actually advised her to get a donkey.
Mahia, just rent a car.