Sounds fair! Duty tax on own products and we impose duty tax on their’s

FAQ´s: Importing cars in to México.

What is the cost of importing a car in to Mexico?

We will answer this with 2 examples and after explain what each tax or fee is: 

2016 Toyota Corolla 4dr Sedan Automatic L priced at 20,025 (all amounts in USD). 

ISAN: 1,002.00 

IVA: 3,364.00 

PREV: 11.90 

CNT: 3.23 

Broker honorary fee: 453.51

Trading Company 500.63 

Total importing cost: 5,335.27

The duties and taxes you need to pay are explained below:

New models

ISAN Tax applies, it is calculated based on the value of the car according to the Libro azul (Blue book). Plus a fee that is set depending on make and model.

IVA 16% tax applies as well on the value according to the Libro azul (Blue book).

DTA fee. The right to process something through customs fee.

CNT and PREV fee which is currently set at 267 MXN. 

For older cars (8-9 years older that the current year)

IGI is more of a fee than a tax but it is based on the value of the car again according to the Blue book.

IVA 16%

DTA The right to process something through customs fee.

CNT and PREV fee which is currently set at 267 MXN.

REPUVE: A register in Mexico which helps identify through the serial number if a car has been stolen or has any other issues.

 

 

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