Puerto Vallarta News

Puerto Vallarta News

Importing and Buying Used Cars in Mexico is Big Business

In spite of continually changing auto import laws, red tape as long as the border itself, and limited designated times for processing car imports at the border, thousands of used cars and trucks still make it across the US – Mexico border each day where American used car sales makes for big business.

Due to tougher regulations and more scrutiny of paperwork with Mexico’s tax administration (SAT) implemented this year on imported “junk cars” or “chatarras”, imports have declined nearly 38% compared to 2013, a trend that Mexico’s auto dealers welcome.

From January to August of 2014 used car . . .

Read Full Story

Related Posts

Tren Interoceánico

Interoceanic Train crash rattles investors in Mexico

After a deadly derailment, the Interoceanic Train crash is cooling corporate interest and raising questions...
Mexico housing prices

Mexico housing prices rise as World Cup pressure builds

Home prices jumped up to 10% in a year, and World Cup projects plus tourism...
San Miguel rural investment

San Miguel rural investment shifts to communities in 2026

Mayor Mauricio Trejo says San Miguel will steer up to 400M pesos and about 70%...
playa del carmen sargassum

Out-of-season sargassum patch dumped 25 tons in Playa del Carmen

An out-of-season sargassum patch dumped about 25 tons in Playa del Carmen, prompting a ZOFEMAT...