Understanding the Costs of Keeping a Car on the Road in Spain
Are you considering buying a car in Spain but are uncertain about the associated costs of keeping it on the road? In this guide, we'll delve into the expenses related to taxes, insurance, and the ITV (Inspección Técnica de Vehículos), akin to the MOT in some countries.
15th Oct 2023
ITV: Ensuring Vehicle Safety and Compliance
The ITV, akin to the MOT in other countries, is a vital aspect of vehicle ownership in Spain. The frequency of these tests is determined by the age of your car. For instance, a 2005 Citroen Xsara Picasso, as in the case discussed, requires an annual ITV. The comprehensive test includes checks on brakes, lights, suspension, and even seat belts. The cost typically ranges around 43 to 44 euros.
An interesting aspect of the ITV is that you can perform the test up to a month in advance, although it will still be valid until the same date next year. This flexibility helps accommodate personal schedules and travel plans.
Road Tax: An Annual Obligation
Owning a vehicle in Spain mandates an annual road tax payment, determined by your car's size and engine specifications. The tax period is fixed between March and May. In the instance mentioned, the car owner had to pay 143 euros for the year. It's noteworthy that this tax is non-transferable, meaning if you sell your car after the tax period but before May, you remain liable for the tax.
Additionally, a newer tax related to CO2 emissions has been introduced. The amount varies based on emissions, ensuring an environmentally friendly approach by encouraging lower emissions.
Insurance: Protecting Your Vehicle
Insurance is a critical part of owning a car, ensuring you are financially protected in case of accidents or other unforeseen events. In Spain, insurance costs vary based on factors like the car model, driving history, and insurance provider. For the specific case mentioned, the annual insurance cost was 430 euros.
Conclusion: The Price of Freedom
While the costs associated with owning a car in Spain may seem considerable, many consider it a small price to pay for the freedom and convenience that a personal vehicle provides. Whether for daily commutes, travel, or exploring the country, having a car can significantly enhance one's lifestyle.
In summary, the expenses for keeping a car on the road in Spain include the ITV test, road tax, CO2 emissions tax (if applicable), and insurance. These costs are an essential part of car ownership in Spain, ensuring safety, compliance, and financial protection.
If you're contemplating buying or selling a car in Spain, stay tuned for more informative videos or articles that guide you through the process. Owning a car in Spain can indeed be a fulfilling experience, offering the freedom to explore and travel at your own pace.