how are people making money selling us cars in mexico?
i live in texas where i see car after car on their way to mexico. how are these guys getting more for mid 90s cars in mexico than in the us?
Other - Cars & Transportation - 1 Answers
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Mexico have "protection laws" that allows only cars over 10 years old to be sold inland. (legally). In the other hand, Mexican car are subject to outrageous taxes since new, therefore making them more expensive than buying one from US. Also, because of the condition of Mexico roads, a used car from Mexico is beaten to death while a used car from the same age coming from US is generally in better shape. So buying a 97 car and import it to Mexico makes sense for somebody making business. A 98 car will be cheaper than a 97, because the added market represented by the neighbor country. In other words, even from stupidity, a good business can be made...
