The Economic Impact of the Social Crisis

National Crisis, Emergencies, and Natural Disasters in Chile; including the experiences of Chile Forum Members have shared in current and in past crisis, as they have assisted each other and Chile. Things will always go wrong. It is how you deal with it that counts, and that starts with information. When things go wrong, this is the place to come to exchange information about what is going on in Chile.
Forum rules
Moderation of this forum will be very strict compared to other sections of the Chile Forum. “Spamming”, “Trolling”, promotion of “fake news”, “conspiracy theories” or otherwise interfering with the dissemination of accurate information in this dedicated “Crisis Forum” will result in deletion of posts, and repeat offenders will have their accounts banned.
User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Wed Nov 20, 2019 7:03 pm

macal.cl and the back of the newspapers.

but you have to do your homework. title searches, leans, etc.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Wed Nov 20, 2019 8:12 pm

sorry, corrected that domain
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Wed Nov 20, 2019 8:23 pm

macal has a car auction set for tomorrow. I am actually curious to see what sort of crowd they get, and do the prices drop. I am not interested in buying anything right now, but just for information about how things are going. these are cash buyers.

For instance their toyota hilux fleet vehicles typically have minimum bids starting about 4-5 million, and typically sell for 8 to 12 million pesos. they are good canaries in the cole mine, because they are pretty much all alike, highly sought after, and they regularly have fleets of them (mining, rental, etc) go up for auction throughout the year.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 9:25 am

so, I was looking through the local paper this morning and there seems to be a lot of legal notices for debt collection in the courts. I normally don't pay much attention to those, as a lot can happen between the notice and an actual auction. just struct me as relatively high number of them, by banco estado, for relatively small amounts, against people that their address seems to be in poor to middle class nieghborhood in puerto montt.

now, i need to caution, those might not mean anything at all; beyond the bank is batch publishing a bunch of debt notices all at once. I have seen some debt claims go around around the courts for decade before an auction finally happens.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 12:32 pm

oh, shit watching hilux, 2017, 50,000 km, going for 5,900,000 each at the auction.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 12:34 pm

Mitsubishi katana 4x4, also 5,900,000 2017 with 64,000 km

those are the lowest price i have ever seen for pickups.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 12:37 pm

6,700,000 on a Nissan

that is like a solid 40% under normal on all trucks so far
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 12:38 pm

dmax, 2017, also 6,200,000
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 12:41 pm

another block of 5 hiluxes, 7,400,000 each.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

Britkid
Rank: Chile Forum Citizen
Posts: 1973
Joined: Wed Dec 05, 2012 6:59 pm
Location: Talagante area, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by Britkid » Thu Nov 21, 2019 12:42 pm

Interesting. Thanks for posting this. Just had a look on www.autosusados.cl and Hilux 2017 are on there for 10,900,000 and up. Perhaps you could justify 9,000,000 as a sale price allowing for it being a well used, high mileage company vehicle.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 12:42 pm

I have never seen a hilux go for under 8 million, even when they were complete crap.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 20108
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: The Economic Impact of the Social Crisis

Post by admin » Thu Nov 21, 2019 12:43 pm

Britkid wrote:
Thu Nov 21, 2019 12:42 pm
Interesting. Thanks for posting this. Just had a look on www.autosusados.cl and Hilux 2017 are on there for 10,900,000 and up. Perhaps you could justify 9,000,000 as a sale price allowing for it being a well used, high mileage company vehicle.
yea, because the dealers often buy them at auction, and resell.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

Post Reply