TIP Permit Required
To get a required TIP permit for your car or truck to be on mainland Mexico, you have to pay the Mexican Treasury department (Hacienda) by credit card (VI, MC) or debit card with a VI or MC logo. You need the title or registration for your car or RV (title only for motorcycles) and are supposed to have a notarized letter of permission to take your vehicle into Mexico if it is financed (if you can’t get one, you’ll probably get your Mexican car permit — I have never been asked for one — but don’t blame me if you run into a Hacienda official who is a sticker for rules and refuses to give you a Mexico driving car permit for not having it). Actually, I have never thought it was a Mexican government rule. I think it was something made up by the US companies selling Mexican insurance to make the lien-holders feel safer.
The car permit fee (it changes & varies with the peso/dollar exchange rate) is about $50. Motorhome permits costs about $60. If you are worried about the exact figure to the penny, you probably shouldn’t be going to Mexico. Motorhome permits are good for 10-years.
You must pay a deposit on your vehicle by cash or credit card (MC, VI only – though oddly enough, they say they accept debit cards if they have the MC, VI logo). The deposits for your car, RV, pickup truck or motorcycle permit vary by the year model of your vehicle.
For 2007 and newer vehicles, deposit is $400. 2001-2006 – $300. 2000 and older – $200. This is charged to your credit card immediately. If you cancel the permit on time you get your deposit back. It is refunded to your credit card two to three business days after you cancel your permit. Cash deposits are returned when you cancel the permit. These figures (so far) don’t change each year, so you don’t drop down in rank each year. A 2001 vehicle will pay $400 this year just like last year.
If you return your vehicle permit even half an hour late, you lose your deposit, though you can still cancel the permit. If the permit is issued at 9:00 AM on day 1, it expires at 9:00 AM on day 180. Be sure to check the expiration date of your permit, in case they figured the number of days on your permit differently. It happens.