On June 11, 2011 the Mexican Government signed into law some very important changes which will affect those of us who travel into Mexico via vehicle. I’m sure it will also affect those who live in Mexico and have US or Canadian plated vehicles. This involves cars and trucks, RV’s are not affected. Your 10 year permit is still valid.
As before cars and trucks will need to apply for a permit at the Banjercito office. Before the permit is issued:
~your vehicle will be checked to see if it is stolen
~your vehicle will also be checked to be sure that it has no problem of any kind ( this is suppose to take only 5 minutes ????)
~you will pay the permit fee, similar to last years’ price
~you now have to pay a deposit that will be reimbursed when you leave Mexico.
The deposit can be paid by either VI or MC ( AX not accepted). When you return your vehicle permit at the end of your visit, the deposit will be reimbursed to your credit card the next day. If you pay by cash when you enter Mexico, your deposit will be reimbursed in dollars at the Banjercito office when you turn in your vehicle permit.
The vehicle permit will be issued for the same amount of time that your Mexican tourist card, FMT is good for, usually 180 days. Of course if you have an FM3 etc, the time will be different as per your Visa.
The deposit cost is as follows:
~a vehicle which is 2007 or newer is $400.00USD
~a vehicle which is 2006 to 2001 is $300.00USD
~ a vehicle which is 2000 and under is $200.00USD
Please be sure to pass this important information on to all your friends who drive to Mexico, whether an RVer or not. Personally we will pay by US cash as by using a VISA credit card you often lose in the bank exchange rate.
Tags: insurance, Mexico, US/Mexico border