Jun 24, 2006, 9:05 AM
Post #10 of 23
Well, Bbeitz, one does not have the choice of bringing in real estate so participating in a "fixed" comission real estate market is a choice. One can buy directly from a seller or use a real estate agent but, despite the manipulation of commission income, real estate agents are convenient for most people - especially newcomers not familiar with the local real estate market.
By the way, this is a problem generally centered in areas with large foreign enclaves. In much of Mexico, real estate is not bought and sold through real estate agents but by word of mouth.
As one who bought his 2004 Nissa XTrail in Guadalajara and paid the local premium plus IVA plus tenencia annually, I went a different route than Pete. In 2004, the XTrail was not sold in the U.S. but, I must admit that I wanted to buy a car down here for non-financial reasons. From a financial point of view, Pete is 100% right. It makes no sense to pay the price premium, IVA (included and "hidden"in the price) and tenencia fees here when one can get a much better deal in Texas. In addition, Pete is right about the fact that successful dealers in Mexico tend to be filthy rich and don´t really need our help at all. So, why did I buy a car here? Damn if I know. We never return to the U.S. unless we have to so prefer to shop here when possible even when it costs more (although we drew the line at paying $900USD for a digital camera here that costs $250USD in the states). We also like having a locally plated car and, I must say, we got several trumped up traffic tickets in our California plated car and have had no problem in the two years we have owned a Jalisco plated car. That could just be a coincidence.
The posts here regarding the need to have current U.S. registration on one´s U.S. plated car just keep popping up. If you FM-2 or FM-3 is current your expired registration is OK and you will not be hassled. People just don´t want to believe that but it is true. Better to have expired U.S. registration from your home state than drive around having people think you are some South Dakota hayseed who, like Dumb and Dumber, took a wrong turn somewhere in Nebraska and is driving around Mexico going, "Godawlmighty, they sho is a whole lot o´them illegals livin´here in Kansas!". It is also only time before South Dakota clamps down on this practice.
(This post was edited by Bubba on Jun 24, 2006, 9:11 AM)