Cheers for that will give it a go. Regarding overpriced, we just came back from the junkyard, excuse me second hand car lot and indeed prices here in Spain are much higher than for similar cars in Belgium. Say a 2003 Mondeo 200k Km goes here for 3000€ in Belgium you get them @ 2004 vintage with 150k km for 1500€ !
And for that 3000€ they are all in terrible shape.
So I guess we will be buying a car in Belgium or Germany, much more paperwork, but to get more car for way less money it probably is worth it. Actually looking at it closely, you can double your money buying in Germany driving around for a year and selling here in Spain hehe. Free transport + bonus pocket money.
3000 € German 2007 Ford Mondeo is worth at least 6000 € here in Spain.
Geo Arbitrage, gotta love it! Need to write a post on that.
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Agree about buying in Germany. Had a few cars there. Paperwork all seemed simple enough and you know if the car is tested it's done properly.
Problem here in Portugal is the matriculation of foreign plates to Portuguese. Can cost more than the car is worth and the Portuguese police go looking for foreign plates that have been here longer than six months.