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Guapo Gabacho


Sep 19, 2003, 2:26 PM

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Tag and tax for a new Mexican car

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I have read and heard how expensive it is to own and license a Mexican car and even though I have been told how to find out I always had doubt that the figures were right. I had read that a tag/tax could be as high as 10% of the original price the first year and declined 1% per annum. For those that may be interested, my dad just bought a Mexican Honda CR-V and here are the true figures from Veracruz.



Paid for the car at the agency $277,500 NP



Tag and tax:

IMP.S/Tenencia $2,308.00

Derechos ALTA 404.00

Derechos E.F. 202.00



TOTAL $2,914.00

Not as bad (the tag and tax) as anyone or I had predicted. While the car was overpriced, the tag/tax wasn’t as bad as he would have paid in many states. While shopping he noticed that if you buy a car or truck made in Mexico the sales prices are more in line with the US.


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