How to buy a car in Jamaica

Jamaica is an awesome country because of its wonderful landscapes, culture, and cuisine. 

So, it’s clear, people who visit this amazing place always return for a more wonderful experience. Therefore, a lot of people decide to buy cars for sale in Jamaica, because it is very comfortable if you visit it several times. In terms of brands, Jamaica can offer you Porsche, Jaguar, Cadillac, Mercedez Benz, Honda, Volkswagen, Mitsubishi, Mazda, Ford, Toyota. 

But purchasing a vehicle can sometimes be hard, but still possible. There are two main types of cars in this country: the ones that were made in Jamaica and other ones are usually shipped from Japan. 

 Here are some of the tips on the process and what car to choose:

  1. Do your research

It isn’t hard at all because there are not a lot of markets in Jamaica, but you still need to compare the prices. Find your perfect dealer, check online, ask for the advice of the natives. Visit all of the markets and web-sites that you can! Take your time to look through all of the variants and never hurry. It may seem like a bargain when truly it can be a scam.

There are three main keys to finding your perfect car:

-Ask for a test drive. This way you can check if the car is okay and suitable for you because you need to feel comfortable and safe while driving. 

-If you want to buy a car that was already used, find a good mechanic that you can trust, so he or she can check it tell you whether it is worth buying. 

-Try to talk to your dealer and lower the price. Maybe you will get lucky and will be able to buy your car for a decent amount of money.

  1. How to pay for the chosen car

When you have done everything that was listed previously, you should be ready to buy your car. There are some financial institutions that you will have to go through if you have cash.

For example, the limit on cash transactions is 1M JMD, which you should definitely keep in mind.

So, it would be reasonable to apply for a car loan. Here is the list of the most important documents that you will need for it:

-Tax Payer Registration Number

-Valid Identification

-Proof of address

-References

-A proforma invoice

-Valuation report on interested vehicle

-And, if employed, a job letter, payslips, etc.

In most cases, you will need to have to pay a deposit first. But this depends on the year the car was produced. 

  1. Formal but very important points

When you finally buy a car you will have to register it and get a license. Insurance is also very necessary, do not forget about it. Try to figure out or ask how to perform it properly according to the Jamaican law. 

This can take plenty of time, but you can’t miss this point. You know that insuring is especially an important point for a person that does not live in Jamaica. Because if anything happens you need to be assured that you will have at least some of your money back.

So, those were all of the main tips on how to buy a car in Jamaica. Now you got the core information about the process of choosing, applying for the loan and buying this amazing vehicle that you have chosen. We truly hope that these tips were useful to you. If you follow them you will easily buy the car of your dreams in Jamaica. Good luck!

Author: Brandon Park