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| *Travel Tips>>>Panama Travel Tips |
Can I drive my car from the United States and sell it in Panama? |
Travel Info I want to drive down and fly back. I've heard this can be done, but was hopeful that someone has experience doing this and can give me a rundown of the procedure. Do I need to find a custom's broker in Panama? Any idea of duty fees? Any other helpful information is appreciated. The car is over 10 years old and worth less that $2000. Thanks! Travel Tips Duties on used items can be tricky. You will have to nationalize the car at the border. You might not be able to do this yourself since you have no tax id in Panama, so you'll need to contact an importer that you trust. Of course, the duty is probably like 10% or $200, the importe would probably want to charge you a couple of hundred bucks for all the paperwork, it would cost a couple of hundred bucks to register there, so you're probably down to a net $1,000 if you can sell it quickly, otherwise storage, insurance etc will start to cost you. It really sounds like a hassle. |
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