How Much To Legalize A Car In Mexico?

The truth is that you wouldn’t be able to legalize all vehicles that are brought into the country. That’s why we’ve outlined some of the procedures and the costs about how much to legalize a car in Mexico, which will make it easier for you to determine whether this is the most appropriate choice and what kind of question you need to be asking.

Which Cars can be legalized?

If you have a query on how much to legalize a car in Mexico, it depends on the vehicle. Right now, you can only legalize cars that are 10 years of age and which were made in countries part of the NAFTA. To determine whether you fit that criterion, you have to check the VIN, and if it starts with 1,2,3,4 or 5 – you are eligible. There are talks of expanding this particular option later on. There are restrictions and different options for pickups and other vehicles. This is usually going to apply to regular cars. The process usually takes between two and three weeks.

What kinds of papers are required?

For everything to go smoothly, you will need the original title, so go ahead and sign it to the buyer. You may also be asked to submit the certificate of origin, even though that’s unlikely. You have to have a Mexican resident with you who is willing to buy the car from you and sell it back unless you are a citizen on your own. If you have an FM3 form, you can do this. The buyer, as well as you, would have to provide ID. Make sure to see whether any tax implications must be considered.

Do I need to take the car out of the country?

Not really. Local customs agencies can obtain all the necessary paperwork on your behalf.

What is the total cost?

Now, the costs to import should include all of the possible charges. The major one is the 16% sales tax, which is based on the vehicle's value and the broker's fee, amongst a few minor government fees. You need to confirm with your broker that this is, in fact, that total cost and that there are no possibilities for extra and more significant costs so that you can adequately prepare the necessary amount of money.

An approximate estimate would put the whole cost of legalization somewhere about 15,000 pesos. This would cover things like fees, permits, and the customs agency's services, among other things. Add on another thousand pesos for the license plates and the purchase tax due at the DMV. The cost of insurance must also be considered. The experts at A1 Auto Transport can help you determine which course of action is most prudent, given your unique circumstances.