Instantaneous response to – are cars cheap in Cyprus?

No, cars are generally not considered cheap in Cyprus.

More detailed answer question

While the cost of cars in Cyprus may vary depending on the make and model, in general, they are not considered to be cheap. According to the World Bank, the average price of a new car in Cyprus is higher than in many other European countries, including Spain and Portugal. In addition, the country’s tax system can make owning and maintaining a car more expensive than in other places.

One reason for the high prices is Cyprus’ geographical position. As a small island, vehicles must be imported, which can add to the cost. Another factor is the country’s tax system, which includes a registration tax and an annual road tax. These taxes can be significant, particularly for larger or more expensive cars. The European Automobile Manufacturers Association notes that the taxes in Cyprus “contribute to the overall capital intensity of the automotive sector and to limiting market competition.”

Despite the higher cost of cars, they remain a popular mode of transportation in Cyprus. The country has a network of highways and roads, and owning a car can provide greater flexibility and convenience than relying solely on public transportation.

In summarizing the cost of cars in Cyprus, it can be said that “Car ownership in Cyprus is expensive, not just because of the actual cost of the vehicle but because of the high annual road tax, insurance, and the registration fees that are levied by the government” (Cyprus Property Sale). Below is a table comparing the cost of a new Volkswagen Golf in different European countries to give an idea of the price differences in Cyprus compared to its neighbors.

Country Price (EUR)
Cyprus 25,900
Portugal 23,670
Spain 23,500
Greece 21,310
Turkey 20,500
Romania 18,355
Bulgaria 16,000

In conclusion, while you may be able to find a good deal on a used car in Cyprus, in general, cars are not considered cheap in the country due to factors such as import costs and taxes. However, owning a car can still provide many benefits for those living on the island.

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I found further information on the Internet

25% of our users found rental cars in Cyprus for $25 or less Book your rental car in Cyprus at least 2 days before your trip in order to get a below-average price Off-airport rental car locations in Cyprus are around 38% cheaper than airport locations on average Economy rental cars in Cyprus are around 34% cheaper than other car types, on averageCompact: $20/dayEconomy: $15/dayIntermediate: $34/dayStandard: $38/day

Answer to your inquiry in video form

Rico provides advice on buying a good and cheap car in Cyprus. Finding the car is said to be the hardest part. Rico recommends checking the condition of the car due to the hot weather and bad roads in Cyprus, and using Bazaraki’s mechanic service to inspect it. Luxury or exotic cars are not recommended because they have few spare parts on the island. He suggests buying a car 2005 or newer, priced between 3,000 to 6,000 euros, and checking out Facebook Marketplace, Bazaraki, and direct contacts. Test drives, asking questions about the car, and inspection by a professional are important before buying. Buyers are also advised to negotiate, trust their gut, and obtain necessary documents and insurance.

People also ask

Subsequently, Are cars more expensive in Cyprus?
Response to this: Buying a car in Cyprus
New and used cars are more expensive to buy in Cyprus than the UK. It may be more cost-effective to purchase a car on the island, however, if excise taxes add up when shipping yours over. It’s worth noting that cars tend to retain their value more in Cyprus than they do in the UK.

Why are cars so expensive in Cyprus?
The answer is: This is largely due to less car manufacturing during lockdowns, a global shortage of semiconductor chips – a vital electrical component – and now rising energy costs.”

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Herein, What is the most common car in Cyprus? The answer is: Toyota
The number of registrations of saloon cars in the first quarter of 2023 totalled 7,049. The most popular car brand was Toyota, with 1,338 registrations, followed by Mazda (772) and Nissan (628). BMW came fourth with 532 registrations, followed by Mercedes with 442.

Can a non resident buy a car in Cyprus?
The answer is: Foreign citizens have the right to buy a car as personal property in Cyprus. If you are a citizen of a country outside the European Union, the car may be purchased after obtaining a residence permit (pink slip), a residence permit in Cyprus, F-visa or passport stamped with multivisa.

Regarding this, Is Cyprus a good place to rent a car?
Cyprus is like a second home to many of our staff at Rhino, with our very own CEO and family living on the island. Between all the staff here at Rhino, we have visited the sunshine island more times than anywhere else so when it comes to car rental in Cyprus, we really are the experts.

In this way, What is the best way to travel in Cyprus? Best rates found by KAYAK users in the past 48 hours. Renting a car in Cyprus is the best way of seeing the island’s stunning views, including the mountains and coast. As public transport is scarce in Cyprus, the quickest and easiest way to travel is by car.

In respect to this, How much does a car seat cost in Cyprus?
The reply will be: It is advised that, upon arrival in Cyprus, parents travel with a car seat for their children or rent one at the car rental desk for an additional cost of around 5 € ($6). All children must be placed in a suitable child seat in the rear of the car.

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Keeping this in view, How much does fuel cost in Cyprus?
As a response to this: Luckily, Cyprus is a pretty small country and you aren’t likely going to be driving incredibly long distances during your holiday meaning you won’t need to fill up your tank all that often. When you do, fuel prices in Cyprus cost about €1.40 per litre.

One may also ask, What is the best car rental in Cyprus?
Notable examples of it include the Paphos Archaeological Park with its Roman villas of Theseus and Dionysus, the Tomb of the Kings, and a well-preserved Greek amphitheater. The most popular rental car in Cyprus is the Kia Picanto, closely followed by the Suzuki Alto and the Chevrolet Spark.

In respect to this, What is the best way to travel in Cyprus?
Answer will be: Best rates found by KAYAK users in the past 48 hours. Renting a car in Cyprus is the best way of seeing the island’s stunning views, including the mountains and coast. As public transport is scarce in Cyprus, the quickest and easiest way to travel is by car.

Simply so, Can I drive to North Cyprus if I rent a car?
The answer is: If you decide to use cheap car rentals in Paphos , which is on the south coast of Cyprus, you are not legally or contractually permitted to drive to North Cyprus. It may be an expensive error because your auto insurance is invalid there, and you will be required to purchase extra insurance upon arrival at the border.

Consequently, How much does a car seat cost in Cyprus?
It is advised that, upon arrival in Cyprus, parents travel with a car seat for their children or rent one at the car rental desk for an additional cost of around 5 € ($6). All children must be placed in a suitable child seat in the rear of the car.

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