Buying a Vehicle in Mexico as a Foreigner
When it comes to buying a vehicle in the Riviera Maya, there’s plenty of advice out there. However, it’s important to tread carefully. Stories abound about tourists buying cars or registering vehicles in ways that may not be secure, potentially putting your investment at risk.
Here’s the scoop: Vehicles should ideally be registered by foreigners holding a residence visa. Before diving into the vehicle market, it’s wise to obtain a Temporary or Permanent Visa. You’ll need to provide a CURP number, which you get through having a Resident Visa.
Some dealers may offer tourists a generic RFC to seal the deal, but it’s better to complete your immigration process first and receive a valid CURP. This can be obtained through INM Instituto Nacional de Migración, either in person or online, or by Registro Civil. INM issues the CURP in Playa del Carmen.
If you’re eyeing a used car, ensure the seller can provide the original factura (receipt). Without it, registering the car could be a hassle. Tax receipts for previous years should also be available. If not, you’ll need to visit the licensing center to sort it out.
Here’s what you need to prepare before purchasing and registering a vehicle:
- Check if the vehicle is reported stolen on the government website.
- Get a reliable mechanic to inspect the car.
- Ensure you have the original invoice of the vehicle with previous owners’ names and signatures.
- Verify VIN and registration match.
- Request proof that the seller has the authority to sell the vehicle.
- Collect tax receipts from previous years.
- Bring your passport, residence visa, proof of address, and CURP.
- Purchase mandatory liability insurance, including a bail bond and legal representation.
- Consider the annual vehicle registration tax and plate change every three years.
- Buying a new car from a dealer may be less complicated and offer warranty benefits.
When finalizing the purchase, the seller should accompany you to the Registration office to transfer ownership. The office in Playa del Carmen is conveniently located. By following these steps, you can ensure a smooth and secure vehicle purchase experience in the Riviera Maya.
Source: Mexlaw.com