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AUTO INSURANCE QUOTE IN ENGLISH
2. Temporary Importation
When traveling inland, further than the 62.5 miles, you will need a “Temporary Importation Vehicle Permit”. In order to get one you will need your vehicle’s registration or title; the valid United States or Canadian driver’s license and proof of citizenship (passport, birth certificate or resident alien card)
Visit the nearest BANJERCITO branch (this is a bank that will handle your importation needs). They are always located at the border ports of entry; fill out all the forms, such as Application form, a promissory agreement for vehicle return, and FM-M card (formerly known as FM-T, this is a tourist card form). After filling all the forms you will have to pay a vehicle security deposit by credit card or through a bond.
When driving back to the U.S. you have to stop by BANJERCITO to return your temporary importation permit and your FM-M (if this is not for multiple entries, if so, then you have to return it when it expires) and to receive back your vehicle security deposit.
The vehicle deposit is based on the vehicle year model, it goes from $200-$400 USD if the year model is from 2000 or earlier, from 2001 to 2006 and 2007 and later.
All deposits are base on the exchange rate of the day.
Vehicle
Year Model
|
Amount to be paid in Mexican pesos
based on applicable exchange rate
|
2007 and later
|
$400 USD
|
2001-2006
|
$300 USD
|
2000 and earlier
|
$200 USD
|
Check the BANJERCITO webpage for further information, you can pre-process your temporary vehicle importation there as well: www.banjercito.com.mx