If you're planning to buy a car in Lanzarote, there are some important steps you should take to ensure you get the best deal possible.
In this post, we'll guide you through the process of buying a car in Lanzarote, from researching your options to signing on the dotted line.
The first step in buying a car in Lanzarote is to research your options. Start by looking at the different types of cars available on the island and determining which one will best suit your needs.
Consider factors like size, fuel efficiency, and reliability when making your decision.
Next, research different car dealerships in Lanzarote to find the best deals. Check out their websites and read customer reviews to get a sense of their reputation.
You can also visit them in person to get a better idea of what they offer.
Buying privately on the island is also (very much) the done thing as well. Ask a friend if they know anyone who might be selling or check out the Facebook Marketplace under the Auto section.
Often you will find people might need to sell if they are leaving the island. Most cases this means that they are looking for a quicker sale and you can negociate a better deal.
In a case where you are buying privately, we would suggest bringing a reputable mechanic along to look over the vehicle on your behalf.
Obviously it is better if the car has passed its ITV (equivalent to the M.O.T in the UK or NCT in Republic of Ireland)
Before you start shopping for a car, you need to consider your budget. Determine how much you can afford to spend on a car, taking into account not just the purchase price but also ongoing expenses like insurance, maintenance, and fuel costs.
Because everything needs to be imported to the island, the array of motor parts for some higher end vehicles or even standard motorcars shoudl be born in mind.
Finding the right balance between reliability and the style of car you wish to purchase may mean a slight trade off. What we mean by this is, consider purchasing a car that has parts more easily sourced and most probably instock.
It is probably worth chatting with a local mechanic to garner an idea of service costs for different motors as part of your research.
If you plan to finance your car, research different financing options to find the best interest rates and terms. Some car dealerships in Lanzarote offer financing, so be sure to ask about this option.
You might be surprise how well a previously owned car holds it's value here on the island of Lanzarote also!
Once you've narrowed down your options, take a test drive to get a feel for the car. This will give you a better sense of how it handles, how comfortable it is to drive, and whether it's the right fit for you.
When test driving a car, pay attention to its features and how they work. Make sure everything is functioning properly and that you're comfortable with the car's controls.
Note also that in Lanzarote, even though it is a small island, there are times when a car needs more 'grunt' or torque for steeper climbs over mountain roads.
Higher horsepower, is something that we would recommend having at your disposal in your new motor!
Step 4: Negotiate the price
When you've found a car you like, it's time to negotiate the price. Research the average price for the make and model you're interested in to ensure you're getting a fair deal. Be prepared to walk away if the price isn't right.
Keep in mind that the additional costs involved, such as taxes and registration fees. Factor these into your budget when negotiating the final price.
Step 5: Sign on the Dotted Line
Once you've agreed on a price, it's time to sign on the dotted line. Make sure you read the contract carefully and understand all the terms before signing. If there's anything you don't understand, ask for clarification.
Before taking possession of the car, make sure you have all the necessary paperwork, including the title, registration, and insurance. This will ensure that the car is legally yours and that you're covered in case of an accident.
If you buy from a dealer they will help you re-register ownership. If you are buying privately, here is how to register/transfer ownership into your name.
Buying a car in Lanzarote can be a great way to explore the island and get around on your own terms.
By researching your options, considering your budget, taking a test drive, negotiating the price, and signing on the dotted line, you can ensure that you get the best deal possible on your new car.
There is generally not as much 'car snobbery' on the island. Cars tend to be used more ruggedly between beach trips and some of the 'touch parking' that is more common here!