Buying and owning a car in Europe as a non-European

Mr Gus · Jul 27, 2023

Joct said:
I don't think either of us will convince the other. I'll admit I am in the minority because I would rather drive half a day on back roads and travel quarter of the distance, rather than a full day on a motorway. My older 911 Carrera has all the sound deadening and carpets removed and the other 911 GT3 comes from the factory with reduced sound deadening. Both have quite hard suspension and low ride height. That's why I don't drive full days. You are right, it's just too tough.

Plus, very difficult to find manual transmission cars these days. New 911s are too big and don't interest me.

I think your best bet would be to setup a Bulgarian company and register the car there. You might be limited in choices in the Bulgarian car market but you can always buy the car in Germany on export plates and drive it to Bulgaria.

The solution I personally did was setup a foundation in the Netherlands, not sure how it works with insurance for foreigners but since I am Dutch myself that wasn't an issue. You can setup the Foundation online and will cost anywhere between 500-1000 euros, also plenty of storage option in the Netherlands and a professional car market.

Joct · Jul 27, 2023

EliasIT said:
Usually you have to register the car where you live, otherwise I would buy the car in Germany after getting an address there and keep it that way. They are the cheapest with cars in Europe, but it is not legal!

Yes would prefer to keep things legal. Don't need to give insurers another reason to not pay if it ever comes to that.

Mr Gus said:
I think your best bet would be to setup a Bulgarian company and register the car there. You might be limited in choices in the Bulgarian car market but you can always buy the car in Germany on export plates and drive it to Bulgaria.

The solution I personally did was setup a foundation in the Netherlands, not sure how it works with insurance for foreigners but since I am Dutch myself that wasn't an issue. You can setup the Foundation online and will cost anywhere between 500-1000 euros, also plenty of storage option in the Netherlands and a professional car market.

Have read the German market is the best for buying and so the export plates (accepting the higher insurance) and then deal with the importing later might be the best option. Thanks.

EliasIT · Jul 31, 2023

Joct said:
Have read the German market is the best for buying and so the export plates (accepting the higher insurance) and then deal with the importing later might be the best option. Thanks.

You want to research if it makes sense in your case.

Buying and owning a car in Europe as a non-European

Mr Gus

Active Member

Joct

EliasIT

Corporate Services

Buying and owning a car in Europe as a non-European

Mr Gus

Active Member

Joct

EliasIT

Corporate Services

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Privacy & Transparency