The Luxury Cars Circulating in Costa Rica

According to the guild of vehicle importers, the premium car and SUV segment accounts for about 15% of total sales.

Tuesday, October 10, 2017

Data from the Association of Importers of Vehicles and Machinery (Aivema), "... on imports and sales shows that the total number of premium cars and SUV's oscillates between 5% and 8% of the 36,000 new units that came into the country in 2017, but they represent 15% of sales. Prices, on average, are higher and there are differences of more than 100% between brands."

See also: "Vehicle Fleet in Costa Rica in Numbers"

Carlos Aguilar, executive director of the Association of Importers of Vehicles and Machinery (Aivema), told Nacion.com that "... the SUV segment has shown steady growth in the last five years. "In the premium SUV market there is a winning combination for consumers as it offers performance versatility in difficult terrain without sacrificing the distinction offered by luxury vehicles."

See also "Auto Parts in Central America: A $1 billion Market"

Figures from the "Central American Vehicle Park" report, by from the Business Intelligence Unit at CentralAmericaData, show that as of January 2017, 1.5 million vehicles were in circulation, of which more than half corresponded to automobiles. Of the total number of vehicles circulating in the country at that time, 61% corresponded to automobiles, 21% to motorcycles, 11% to light-duty vehicles and 3% to heavy load vehicles.

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