2012 Ecuador Inflation Closed at 4.16% Annual

villas-in-ecuador

As reported by the INEC (Instituto Nacional de Estadistica y Censos) in Ecuador in 2012 the annual inflation was 4.16% compared to 5.41% from 2011. A noticeable decrease.

To get notified of similar Ecuador financial news as soon as it breaks fill in the blanks below:

First Name
* Email
* = Required Field

Minimum Wage Increase for 2013

pigs-ecuador

The President of Ecuador announced this week the new minimum wage in Ecuador would be raised for 2013 from $292 USD per month to $318 USD per month due to inflation and production figures.

To get notified of similar Ecuador financial news as soon as it breaks fill in the blanks below:

First Name
* Email
* = Required Field

7 Steps to find the hottest used car deals in Ecuador

“This country never ceases to amaze me.”

I thought when I saw a 2009 model of a vehicle just $1000 less than the 2012 version as I used-car-shopped earlier this week.

Due to the high import tariffs and restrictions on vehicles, cars are not only more expensive than they are in the US, they also retain their value. used car buyers sacramento ensure customer satisfaction by offering a wide range of  services.

It’s true.

It’s not uncommon for folks to buy a used car, use it for a year or two and sell it for about what they paid for it (especially if they got a bit of a deal).

Based on the advice of several locals and my own experience in Ecuador, here’s what I did to find the best deal on the car purchase made this week.

1. Establish what make, model and year you are looking for and browse a few of the most popular websites in Ecuador to determine market value of the car in Ecuador. The most popular sites in Ecuador to find used cars for sale (and where I found the best deals) are:

PatioTuerca.com – Website dedicated to the sale of cars nationwide in Ecuador. Vendors must pay to advertise.
PatiodeAutos.com – Website dedicated to the sale of cars nationwide in Ecuador. Vendors must pay to advertise.
MercadoLibre.com.ec – The eBay of Ecuador.

2. Go to Quito. Here you’ll find the largest selection and the highland people in Ecuador are renowned locally for taking better care of their cars (and belongings in general) than the coastal people in Ecuador. Plus, it helps that the car hasn’t been eroded by the salty, ocean air.

3. Skip the used car lots, better use Scrap My Car Ottawa and similar services, they always have tings to offer. I went to about 10 and they were an enormous waste of time if you are looking for something very specific. Chances are they won’t have it, or if they do, the deal isn’t that great or the car is not in very good condition.

4. Visit the car fairs. In Ecuador, these fairs are open to not only dealers but the public too. The most popular ones are in POMASQUI near Quito on the road to the Mitad del Mundo and GUAMANI exiting the south of Quito on the Panamericana on Saturdays and Sundays from 9a-5p.

5. Check the El Comercio Quito paper on Sundays. The other days will have very thin car listings at best.

6. If a deal still hasn’t been found continue searching on the net on the sites mentioned above and always be sure to ask “Cual es lo ultimo?” (What’s your best price?) All the cars I found in Ecuador were negotiable by about $200-1500 off their asking price on cash purchases.

7. Remember it’s a common practice in Ecuador to fiddle with or set back the mileage on a car. Focus on things like the wear on the tires and brakes or have a mechanic check the car to determine true mileage.

Using the above strategy I helped find, and pull the trigger on a 2011 Chevrolet Aveo with AC in ‘like new’ condition with under 30,000 km for $11,000 after a friend and I had determined the average market value of the same car with AC in Ecuador to be $11500-13000.

That’s how you find a used car deal in Ecuador.

Now, to find a deal on a home? Fill in the blanks below to learn more:

First Name
* Email
* = Required Field

37 Absolute ‘Must dos’ in Ecuador for 2013

lake ecuador
A lake just south of Quito near the Ilinizas National Park.

It’s the end of the year.

You’re probably making your New Year’s resolutions and planning what you’d like ot do, be and have in 2013.

I know sometimes it can be hard to find the time, but you never know how long you’ll live, and I’d make a case that Ecuador is one of those few countries in the world that is really worth seeing.

So stop putting it off.

Hard to find such variety in a country the size of Nevada.

Below is my personal Ecuador bucket list for 2013.

Things I just got to do.

1. Watch the Tungurahua Volcano erupt at night from the look out over Banos. Tours can be arranged in one of the many agencies in Baños. Cost $20 per person.

2. Visit the gold mine in Zaruma where resident Spaniards found a 2 and ½ pound piece of gold and gifted it to King Felipe II several hundred years ago, causing the king such joy he decided to lower the taxes for everyone living in Ecuador. The mine is called “El Sexmo” and is now open to tourists with guided tours from actual nearby miners. Free.

3. Observe the amazing Pink river dolphins as they frollic in the unique flooded rainforest of Cuyabeño in northern Ecuador. Tours can be arranged once on the ground out of Quito or Lago Agrio. Canoe Tours start from $40 per person.

4. Scuba dive in the crystalline waters of Galapagos off Floreana Island with hammerheads and whale sharks. 2 Dives start from around $130. Best arranged once on the ground in Santa Cruz Island near the port in Puerto Ayora with local dive shops.

5. Snorkel with the worlds smallest penguin, gigantic manta rays, big marine iguanas and (friendly) reef sharks off las Tintoreras on the picturesque snow-white sands and turqoise waters off Isabela Island in the Galapagos. Day tours to Isabela arranged in Santa Cruz start around $65/person.

6. Eat two buckets of the locally-famous garlic crab at one of the best crabhouses (Manny’s Crangrejal) in Guayaquil, a city known for its numerous crabhouses. Near San Marino Mall any taxi will know where it is. $12.

7. Hunt for fossils along the banks of the Nangaritza River, the only river that connects the Amazon to the Pacific Ocean, high in the Condor Mountain Ridge (Cordillera del Condor). For more try lindoecuadortours.com $25-50 /person.

8. Deep-sea fish for Marlin and Whale-watch in August off the calm shores of Salinas. Trips can be arranged in one of the several agencies along the boardwalk. Cost: Whalewatching from $20 per person, deep sea fishing price varies depending on amount of people.

9. Bike on a rented bicycle from the city of Puerto Ayora in the Galapagos to the deserted, idyllic beach of El Garrapatero while passing through over a dozen micro-climates and witnessing the giant Galapagos tortoises grazing in their natural habitat. Cost: $5.

10. Visit a chocolate farm near Guayaquil and learn the whole process of how to make chocolate from harvest to belly. Get more info here.

11. Hummingbird watch and observe thousands of butterflies in the cloud rainforests of Mindo. Tours can be arranged once in Mindo. Start from $20/person.

12. Climb Cotopaxi, one of the worlds highest active volcanoes at 19347ft / 5897m with a guide arranged in Quito, I’ve been told even beginners can do it!

13. Explore the massive, underground lava tunnels on Santa Cruz Island in the Galapagos. Free.

14. Trout fish in one of the surreal apline lakes in the barren Cajas National Park near Cuenca. Tours can be arranged with Terra Diversa in Cuenca.

15. Go way off the beaten path and discover the Lost City (Ciudad Perdida) of Ecuador’s Amazon. Extreme adventure available through local guides only out of Nangaritza. Cost: Highly negotiable.

16. Pamper myself with a the natural mud bath in the mud pools in the dry rainforest of Machalilla National Park and spend the night playing volleyball with the local indigenous and later sleeping in one of their tiki huts. From maxiportbees.com.au hire a motorcycle taxi and pay a few bucks from them to take you to the indigenous community of Aguas Blancas in the park. Cost: $10 for the day tour to the mud baths and $10/person for the night.

17. View the thousands of Orchid species growing wild along the well-kept trails of the Podocarpus National Park easily reached in a $4 taxi ride from the town of Zamora. Free entrance to park.

18. Hike the 10km trek from El Tambo to Ingapirca, ancient Incan ruins and effectively Ecuador’s own “Machu Picchu”. You can also take a train, taxi or bus which can be arranged out of Canar. Ruins Entrance fee $6.

19. Get certified as a glider plane pilot in Ibarra through a one month course with a local flight instructor. They say if you can fly a plane without an engine you can fly a plane with one. Course starts around $1300. 2013 prices yet to be released. For more info write me here.

20. Visit the worlds only birds that live in a cave, in the only cave they live in at the CUEVA DE LOS TAYOS. Tours arranged out of Macas. Prices vary.

21. Tailgate, then enter a game in Quitos rowdy Atahaulpa Stadium as the National Soccer team attempts to qualify for the next World Cup in Brazil. The cheap seats start around $10.

22. Learn to kite surf with an instructor against the strangly barren cliff landscapes of Santa Marianita near Manta. Classes can be arranged on site. Prices vary.

23. Party with fun locals along the infamous Plaza Foch in Quito during Quitos Festival Week “Fiestas de Quito” the first week of December. Free if you can find a sugar-momma/pappa to buy you drinks. If you are in a group, then you might as well rent a party bus at www.limofind.com.

24. Take a tour of a Banana plantation in Machala and learn all the ins and outs of the interesting business with CristyViajes. Tours start around $20 per person.

25. Fish for Pirana in Laguna Pañacocha, a beautiful black wáter lake backed by cloud forests. To get there, hire a local canoe where the Rio Panacayu meets the Rio Napo, to get there you’ll need to take a Nuevo Rocafuerte Canoe hired in the town of Coca. Price varies depending on season.

26. Bike the wonderful 7 hour (60km) downhill ride from the high Andes to the mouth of the Amazon in Puyo and witness the furious waterfall of Baños “Pilon de Diablo”. Bike can easily be rented in Banos. Cost: $5

27. Soak in the odd street water-wars during Carnaval in February in Cuenca where everyone goes around throwing water balloons and soaking random strangers with water guns. Free.

28. Hike the Quillotoa Volcano and witness the majestic, stunning turquoise-colored lake in the volcano’s crater. Can be done solo by taking a bus from Latacunga and getting off near the base. Cost: $4 bus fare from Latacunga.

29. Experience the naughty, packed, full-moon-style New Year’s Eve party in Montanita. Free if you sleep on the beach in a tent (doable), just don’t bring valuables.

30. Mingle with sexy locals dressed to the tilt during the 2 hour river-boat cruise on the all-you-can-drink boat ‘Morgans’ which leaves every night from the boardwalk (Malecon) of Guayaquil. Can be arranged out of my B&B in Guayaquil. $15 per person includes all you can drink.

31. Follow the rarely-visited path of the world-famous indigenous Shuar who were the ones that originated the practice of shrinking the heads of their conquered enemies. Tours now available with local guides through Macas or Zamora. Prices vary.

32. Learn to kayak in the lazy to fierce Andean rivers around the city of Ibarra with Natural Adventures. Prices vary.

33. Devour delicious seafood at the locally-famous “Parque de Mariscos” along the beach in Manta heading towards the airport. Specifically I want to eat a ‘Cazuela’ Soup, an amazing nut-based fish soup truly unique to Ecuador. Cost: $6.

34. Have a 10 minute long conversation in Spanish with a local after a month long Spanish crash course at the highly recommended Galapagos Spanish School in Quito. Cost: one-on-one classes with real teachers start around $6/hr.

35. Dance salsa to afro-latino beats on the white-sand beaches at moonlight in a beach bar near Esmeraldas after eating the local delicacy of Shrimp cooked in spiced coconut milk (encocado de camaron). I’m sure I’ll feel like I’m in the Caribbean. Cost: $5-6.

36. Visit the perplexing, friendly afro-ecuadorian community of Chota in the middle of the Andes near Otavalo and have a local Shaman (witch doctor) cleanse away my worries. Cost: $5 bus fare from Quito.

To discover the 37th absolute must do in Ecuador in 2013 fill in the blanks below:

First Name
* Email
* = Required Field

How to Fly to Ecuador Dirt Cheap in 2013

fly cheap to ecuador

People often complain about how expensive it is to fly to Ecuador.

But it’s true when compared to closer destinations like Costa Rica or Mexico.

Flights from the US/Canada to Ecuador can often cost $1000 or more.

For some it’s a deal-breaker.

But it doesn’t have to be.

I’m spoiled.

I often get to Ecuador from the US for under $180 and now you can too.

Here’s how… But first, remember I said “cheap” not necessarily “comfortable”.

To start, you have to get from where you live in the US to Miami or New York City.

I buy two separate flights. One to Miami/NYC and another to South America.

Or I do it even cheaper and hitchhike, AMTRAK or take the Greyhound bus to Miami.

Then once you’re in Miami (or New York) buy a one way flight from Miami to Armenia, Colombia on my favorite budget airline (that doesn’t yet fly to Ecuador) Spirit Airlines.

Armenia in western Colombia is the closest city to Ecuador they fly.

If you buy at least a month in advance you can get a flight often less than $150, for instance, now I’m seeing flights in late January and early February on the Spirit website for around $135 to Armenia from Miami with taxes and everything included.

In fact, you’ll find Colombia to actually be a nice place to visit.

Plus, Colombia is a place that doesn’t require a roundtrip ticket to enter. Whereas Ecuador officially does require the return although most the time they don’t enforce it yet sometimes the airlines will not let you on the plane to Ecuador without the return passage.

I know, it’s confusing but it is what it is.

Colombia is far removed from the bloody 80’s, 90’s and Escobar years. I should know, I lived there for a year recently and learned of this strategy because I wanted to visit some old friends and get from the US to Ecuador cheap.

A really nice area to visit near Armenia is the “Coffee Triangle” or “Eje Cafetero”.

Once in Armenia take the 2 ½ hour bus ($4-5) to Cali, another interesting town and a famous salsa dance Mecca.

Once in Cali hop a little crop-duster-type plane to Tulcan on the Ecuadorian border with one of the several tiny Colombian airlines that aren’t well advertised on the net like Satena. I’ve caught flights as low as $65.

Or to it even cheaper hop one of the frequent daily buses (15 hours, $20-30) from Cali to Tulcan.

It’s a scenic ride and one beautiful stop along the way is Popayan, a pearly-white colonial town in the southern hills of Colombia.

Then from Ipiales, Colombia cross the border to Tulcan (Ecuador), get your passport stamped and hop one last bus 4-5 hours ($5) to Quito.

That’s it! You made it!

If you’ve been keeping track, if you fly to Colombia and bus it the rest of the way you can get from Miami, USA to Ecuador one way for around $175 in 2013.

Especially great for people who are coming to Ecuador one way!

OR if you are over 65 and have an Ecuadorian Cedula meaning you are an Ecuador resident OR Ecuadorian citizen, you can buy national or international flights for HALF PRICE, any time of the year with the Ecuadorian airlines of Aerogal, LAN or TAME. Preferably buy in person at the airports or by over phone to get the senior discount.

To discover some of my other creative strategies to get to Ecuador cheap please fill in the blanks below, thanks:

First Name
* Email
* = Required Field