10 Essential Things to Know Before Buying a Car in Bangladesh

In Bangladesh, an automobile is one of the most expensive purchases a person can make due to the high taxation levied on imported vehicles. As the leading car importer in Bangladesh, we have met the needs of thousands of customers Biswas Imports. Since 2005 Biswas has been serving with the greatest selection of vehicles imported directly from Japan, Germany, Britain , and the USA. Many people have been using our services. As the leading car importer in Bangladesh, we guide clients through the tedious process of purchasing a vehicle. While educating ourselves on the industry, we compiled this above guide on things to know before buying a car.

1. Establish Your Budget Realistically

Calculate your spending flexibility instead of falling for a specific model’s marketing. As your leading car importer in Bangladesh, we suggest including the following when budgeting for buying a car in Bangladesh:

• The purchase price of the car  
• Car import taxes and fees (100-300% of the original price)  
• Registration fee and documentation cost  
• Insurance premiums  
• Maintenance plans and expenses  
• Fuel consumption and costs  

Remember that the total cost of ownership extends far beyond the initial purchase price. As a leading car importer in Bangladesh, we recommend allocating no more than 20% of your annual income to your car expenses.

2. Identify Your Specific Needs  

One of the crucial things to consider when buying a car is how it will fit your lifestyle. Ask yourself:

• How many people do you intend to take with you?  
• What kind of driving do you do most? (Do you prefer city driving with heavy traffic, or do you use the highways? What about off-roading?)  
• Will family or work responsibilities require you to have storage space?  
• What are the prevailing weather conditions where you will be driving?  
• Is fuel economy a priority considering the prices in Bangladesh?  
• Do you prefer automatics or stick shifts?  

The right answer to these questions will help focus on cars that have features that are actually useful instead of being dazzled with fancy bells and whistles.  

3. Research Vehicle Reliability and Maintenance Costs

Once you have made your choice, look up reliability ratings for the makes and models. Car brands that have historically been more reliable under our conditions include Toyota, Honda, and Suzuki as they also have servicing networks.  

When buying a car, another thing to factor in is that some imported makes may have more expensive maintenance costs because the parts are not as readily available. Always check with Biswas Imports as we deal with authorized service networks and will help you evaluate the long term upkeep costs for various models.

4. Understand the Import Process and Regulations

As a car buyer in Bangladesh, what to know about a car before buying includes understanding import regulations. The Bangladesh government regularly updates import policies, taxes, and age restrictions on imported vehicles.

Currently, any cars over five years old cannot be imported. Additionally, taxes will also differ according to the car’s engine. Having an established car importer in Bangladesh such as Biswas Imports saves you from costly delays and ensures full compliance with regulations. They are knowledgeable and will assist you with all the paperwork which can be time-consuming.

5. Consider Resale Value

All cars lose value over time but some car brands do a better job than others relative to keeping their value. They fetch higher price brackets in places like Bangladesh Honda and Toyota due to their dependability. 

When deciding to buy a car, consider how long you plan to keep it and what its potential resale value might be. Factors affecting resale value include:

• Brand reputation
• Model popularity

• Fuel efficiency
• Condition and mileage
• Service history
• Color (neutral colors like white, silver, and black tend to sell better)

 

6. Inspect the Vehicle Thoroughly

What to look for when purchasing a car includes both mechanical condition and documentation. Whether buying new or reconditioned, inspect:

• Engine performance and sounds  
• Transmission operation  
• Electrical systems  
• Air conditioning efficiency  
• Tire condition  
• Body for rust or damage  
• Interior condition  
• Documentation completeness  

At our car showroom in Dhaka, we encourage and allow all potential customers to inspect the cars that we have on sale. Furthermore, we furnish them with all the supporting documents that outline the history of the vehicle.

7. Research Financing Options

How to prepare to buy a car includes considering different ways to finance the car if it is not a cash purchase. In Bangladesh, many banks provide auto loans with different interest rates and conditions. Biswas Imports will assist you with all the documentation needed to acquire a loan from the lender of your choice. Remember to compare the lender’s terms regarding.

1. Interest rates
2. Duration of the loan
3. Charges for paying off the loan early
4. Required insurance policies
5. Down payment
6. Loan Duration
7. Over the loan period
8. Repayment limit
9. Loan cancelation before term limit
10. Financial institutions willing to assist clients
11. Integrating clientele to banks
12. Loan aiding clubs

8. Consider Fuel Type and Efficiency

With fluctuating fuel prices in Bangladesh, the type of fuel your car uses is among the critical factors to consider when buying a car. Options include:

1. Petrol: which is used in new models and is more expensive
2. Diesel: Less costly for people who travel long distances but tends to be more expensive to maintain.
3. Hybrids: less difficult to drive but more expensive to repair
4. Electric: Expanding in Bangladesh, but, limited

Research how a vehicle consumes fuel other than trusts made by manufacturers and check if their claims are genuine.

9. Evaluate Safety Features

Things to look for when buying a car must include safety features. Modern vehicles offer varying levels of safety technology:

• Advanced airbags (front, side, curtain)
• Anti-lock Braking System (ABS)
• Electronic Stability Control (ESC)
• Reversing cameras / sensors
• ISOFIX child seat anchors
• Crumple zones/safety cell construction

Do not disregard any safety features, especially if family members will be traveling with you on a regular basis.

10. Plan for After-Sales Service

Before finalizing your purchase, research the availability of after-sales service and parts for your chosen model. When should I buy a car also depends on having access to reliable maintenance.

As the Best Car Importer in Bangladesh, Biswas Imports provides comprehensive after-sales support, including:

• Routine Checkup Packages
• Warranty Services
•  Original parts
• Roadside Emergency Help
• Customer Care facilities

Conclusion

Knowing things needed to buy a car in Bangladesh also need rules, finances, and maintenance costs. Here at Biswas Imports, we are proud to say that we try more than most other companies to give a seamless experience when purchasing a new car. 

Come down and check our advanced car showroom located in Dhaka where clients can access a huge collection of imported cars. They will be assisted on selection as well as the registration process and all the steps after.

Always remember that the right car for you satisfies your needs and expectations, providing reliability and value for your money. You should take your time and do thorough research before making a decision that you will appreciate for a long time.

For over 15 years, thousands of satisfied customers have trusted us with their automotive needs, and now you can too! So contact Biswas Imports today, Bangladesh’s most reliable car importer.