I was looking on the web about automobiles in Ecuador. The price is very high. Is there a high tax on automobiles like in Iceland (105%) when I was there in the Navy in the 70’s?
Tags: automobiles, tax
Depends on what type, make and model of car you are speaking of. There are many different brands here you might not know about. Cars can be just about what they are priced in the USA, but luxury or large vehicles are quite high priced. There are fairly high taxes on vehicles. You can not import a car here duty free unless you are a returning Ecuadorian. You can import a car but it has to be current model year, 3 liters or under and valued at less than $20,000 but you will pay a hefty import fee along with customs etc. Can amount to over 60% on some vehicles.
For a good example of what prices are in Ecuador you can go to http://www.patiotuerca.com
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