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alkrohn

Apr 19, 2010, 12:38 PM

Post #1 of 15 (7583 views)

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Can you buy a car in MX

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Could we buy a new car in Mexico and bring it home with us to the states when we are done with our travels?

A



Rolly


Apr 19, 2010, 1:00 PM

Post #2 of 15 (7573 views)

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Re: [alkrohn] Can you buy a car in MX

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Yes, but...

You can drive the car in the USA for 12 months before you have to return it México. It is almost impossible to import the car -- get a registration and plates in the USA, so you can't sell it or keep it in the USA for more than a year.

Rolly Pirate


Rolly


Apr 19, 2010, 2:13 PM

Post #3 of 15 (7548 views)

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Re: [Rolly] Can you buy a car in MX

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I see from another of your posts that you are thinking about a long trip around the country. I think you would be better off to drive your USA car. Buying and registering a car with only a tourist visa is likely to be a long hassle and not worth the effort or cost. The car will cost more than a similar car purchased in the USA. All and all, I'd say buying in México for a vacation is not a good plan.

Rolly Pirate


mexijo

Apr 21, 2010, 2:50 AM

Post #4 of 15 (7427 views)

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Re: [Rolly] Can you buy a car in MX

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Should that not be by now possible - NAFTA and all?


Rolly


Apr 21, 2010, 7:54 AM

Post #5 of 15 (7396 views)

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Re: [mexijo] Can you buy a car in MX

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The issue in registering a car of foreign origin is compliance with USA safety and emissions regulations. If the car is not on the USA's approved list, then the procedure for meeting these requirements is mind-boggling and wallet-emptying. Almost without exception, cars sold in México do not meet USA standards.

Rolly Pirate


gpkgto

Apr 21, 2010, 8:37 AM

Post #6 of 15 (7376 views)

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Re: [alkrohn] Can you buy a car in MX

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Besides what Rolly said, I think all cars cost more in Mexico.


joaquinx


Apr 21, 2010, 9:25 AM

Post #7 of 15 (7367 views)

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Re: [gpkgto] Can you buy a car in MX

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Some cost more and some don't. Remember that cars sold in Mexico don't have all the pollution equipment that the US cars have. The real separator is the ~15% IVA. If the car is not on the DOT list of importable cars, you can't import it. If you can't import it, you can't register it and get state plates.
_______
My desire to be well-informed is currently at odds with my desire to remain sane.


Casa

Apr 21, 2010, 10:32 AM

Post #8 of 15 (7348 views)

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Re: [joaquinx] Can you buy a car in MX

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Actually about 22.5% of the cost of a new car (depending on the model) in Mexico is tax. (IVA, ISAN, and Tenencia).


Just curious, which cars cost less in Mexico than in the US?


alkrohn

Apr 21, 2010, 10:36 AM

Post #9 of 15 (7341 views)

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Re: [alkrohn] Can you buy a car in MX

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Thanks for all of the feedback!

Anne


joaquinx


Apr 21, 2010, 10:45 AM

Post #10 of 15 (7336 views)

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Re: [Casa] Can you buy a car in MX

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I bought a VW Crossfox for 160,000 which included IVA and ISAN, but I also looked at some of the other VW prices. Currently the Jetta sells for 179,000 to 265,000 including IVA and ISAN. In the US the range is 17,700 usd to 22,800 usd which is 216,500 pesos to 278,900 pesos which I don't believe includes tax as that depends on the state. My guess would be somewhere between 3 and 5 percent.

I am NOT saying that all cars are cheaper in Mexico. Just some.
_______
My desire to be well-informed is currently at odds with my desire to remain sane.

(This post was edited by joaquinx on Apr 21, 2010, 10:45 AM)


Casa

Apr 21, 2010, 11:17 AM

Post #11 of 15 (7324 views)

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Re: [joaquinx] Can you buy a car in MX

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Thanks for the info. I asked because I am in the market for a new car. My research has found that although some models seem to be priced lower in Mexico than when comparing the factory installed base equipment there is a substantial difference between the US and Mexican Models. AC, cruise control, Airbags, Electric locks and windows, CD/MP3 compatible, etc are all standard on US models, not the case on Mexican models.

I have seen some “for export” VW models that resemble base equipment in the US but they were much more expensive than in the US.

I am curious about the negotiation process when buying a new car in Mexico. Were you able to negotiate a lower than sticker price or was the pricing firm?

Thanks


Reefhound


Apr 21, 2010, 11:27 AM

Post #12 of 15 (7320 views)

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Re: [Casa] Can you buy a car in MX

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His US pricing on the Jetta is MSRP and you can usually get at least 10% off that.


joaquinx


Apr 21, 2010, 11:28 AM

Post #13 of 15 (7318 views)

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Re: [Casa] Can you buy a car in MX

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Quote
I am curious about the negotiation process when buying a new car in Mexico. Were you able to negotiate a lower than sticker price or was the pricing firm?


I wasn't in a position to negotiate as I couldn't get credit in Mexico. What I got was a 70% down payment and three monthly payments of 16,000 with no interest.

As a side note: financing in Mexico is costly. A typical interest rate is somewhere between 13 to 17 percent. Ouch!
_______
My desire to be well-informed is currently at odds with my desire to remain sane.


Peter


Apr 21, 2010, 7:22 PM

Post #14 of 15 (7263 views)

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Re: [joaquinx] Can you buy a car in MX

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I am curious about purchasing a car in Mexico when your bank is in the US. Assuming one was buying a new car and had sufficient money in a US acccount, by what means do you purchase? By check or e-transfer?


joaquinx


Apr 21, 2010, 7:27 PM

Post #15 of 15 (7259 views)

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Re: [Peter] Can you buy a car in MX

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No check. You can etransfer the funds to the dealers account. I transferred money from my US bank to my account in a Mexican bank. There I transferred the down payment to the dealers account. Armed with the receipt from the bank, I presented that to the dealer and picked up the car.
_______
My desire to be well-informed is currently at odds with my desire to remain sane.
 
 
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