Effective June 11, 2011, Mexico has implemented a new policy for the issuance of temporary vehicle permits.
The Changes are as follows:
- The fee for importation of a vehicle is $44.00 USD plus IVA; this fee is the same whether the permit is obtained at the border, consulates or online. http://www.banjercito.com.mx/site/siteBanjer/Bicentenario/iitv/instruccionesIITV_ing.html
- A guarantee deposit for the return of the vehicle to the US, regardless of the form of payment, we be applied to all vehicles. The amount of the guarantee will be determined by the year of the vehicle. The guarantee will be refunded upon cancellation of the permit at Banjercito offices, as long as it is prior to the expiration date of the permit. The refund will be made in the same form as the deposit was made.
- 2007 – Newer $400 USD
- 2001 – 2006 $300 USD
- 2000 – Older $200 USD
- If the vehicle is not returned to the US prior to the expiration date on the permit, or the permit is not canceled upon exiting Mexico, the guarantee deposit will be forfeited.
- Before Banjercito issues a permit, they will verify the VIN # to make sure the vehicle does not have any restrictions to be driven in the US or Canada, in which case the permit will not be allowed.
It is important that we remind our customers to cancel the permit at the border prior to returning to the US, to ensure that they receive their guarantee deposit back.
Our recommendation, as long as the customers have enough time (between 7-10 days), is that they process the temporary importation permit online. This will improve their experience and avoid the time spent at the border crossing. http://www.banjercito.com.mx/site/siteBanjer/Bicentenario/iitv/instruccionesIITV_ing.html