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INSIDECOSTARICA.COM | COSTA RICA  NEWS |     Thursday 14 July 2011

Car Prices in Costa Rica The Highest in Central America

Buying a car in Costa Rica can be more expensive, up to us$8.000 or more than in Panama. The same is found in the prices of major appliances. A comparative study of the Ministerio de Economia (Ministry of Economy) revealed that Costa Rica is the most expensive in the region when buying appliances and vehicles.

Cars in Costa Rica are like gold.

According to the date, a new Toyota Yaris, on average costs us$15.700 in Panama, us$18.100 in Nicaragua and Guatemala, but in Costa Rica us$23.600.

In the case of a similar vehicle offered by Nissan, the Tiida, it is some us$8.000 cheaper in Panama.

The president of the Cámara Costarricense Automotriz, José Carballo, said the main difference in the price is, you guessed it, taxes.

The Economy ministry also found that a gas stove costing ¢143.000 colones in Costa Rica, can be purchased for ¢97.000 colones (at the current exchange rate) in Panama.

The price for the same appliance is even cheaper in Nicaragua, where the same gas stove can be purchased for ¢120.000 colones (at the current exchange rate).



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