10 Steps for Buying a Car in Spain – Guide for Expats

Advantages of Buying a Used Car vs. a New Car in Spain

When purchasing a car in Spain, one of the biggest decisions is whether to buy new or used. While new cars offer certain perks, the benefits of buying a used car often outweigh them, especially for expats seeking value and flexibility. As exclusive agents for Caser Insurance, 247 Expat Insurance can help you secure tailored car insurance for either option, ensuring peace of mind on the road.

1. Cost Savings

Used cars are significantly cheaper than new ones. While a new car in Spain costs €26,021 on average, you can find used cars for between €9,000–€14,000. For expats on a budget, a second-hand vehicle offers excellent value for money.

2. Sustainability

Purchasing a used car supports sustainable consumption by extending the vehicle’s life and reducing waste. Opting for a second-hand car minimizes the environmental impact associated with manufacturing new vehicles, aligning with eco-conscious practices.

3. Immediate Availability

New car deliveries often involve long wait times due to production delays and global supply chain bottlenecks. In contrast, used cars are readily available for purchase from dealerships or private sellers, allowing you to get on the road quickly.

4. Affordable Semi-New Options

In Spain, "semi-new" or de ocasión cars are an attractive middle ground. These vehicles have low mileage (under 15,000 km) and are often less than two years old. They offer near-new condition at a fraction of the price, making them a cost-effective yet reliable option.

5. Lower Insurance Premiums

Car insurance costs for used vehicles are typically lower, as premiums are influenced by the car’s value and registration year. With 247 Expat Insurance, you can access comprehensive or third-party coverage tailored to your budget and vehicle.

6. Avoiding Depreciation

New cars lose up to 30% of their value within the first year of ownership. By purchasing a used car, you avoid this initial depreciation, ensuring better resale value if you decide to sell the car later.

7. Transparency in Vehicle Condition

When buying a used car, especially from a private seller, you can request service records and inspect the vehicle’s actual condition. Unlike new cars, which may have unforeseen manufacturing issues, second-hand cars often come with full transparency about potential defects.

8. Warranty Protections

In Spain, sellers of second-hand cars are legally required to offer a six-month guarantee for mechanical faults. This ensures peace of mind and additional protection for buyers.

9. Reduced Maintenance Surprises

Many used cars already have minor wear and tear, meaning the cost of replacing parts is often predictable. For new cars, parts and maintenance can be more expensive, and unexpected issues may arise as the car settles in.

10. Flexible Financing Options

Dealerships often provide financing options for both new and used cars, allowing you to spread the cost over time. Private sellers may also negotiate payment terms, making it easier to align with your financial situation.

Conclusion

Whether you’re drawn to the affordability of a used car or the convenience of immediate availability, buying second-hand can be a smart choice in Spain. Once you’ve found your ideal car, 247 Expat Insurance, as exclusive agents for Caser Insurance, can provide you with tailored car insurance to suit your needs.

Contact us today for a personalised quote and hit the road with confidence.