Owning a Car in Puerto Vallarta
We have owned many cars during our years in Puerto Vallarta, and agree there are pros and cons to auto ownership. We recommend you first become an official resident before buying or owning a car in Puerto Vallarta. You will have your own CURP (Unique Population Registry Code) number so you won’t need to rely on a generic one that a car dealership might provide for you. Doing such has been proven to be risky. To get your CURP, you need to have your Resident Visa. The CURP comes in handy for many things and makes life easier for those of us foreigners living in Puerto Vallarta.
Buying from a dealer in Puerto Vallarta will make the process much smoother; they do all the footwork for you, there won’t be liens on the car, you’ll get a warranty, and for a small fee, they take care of your registration. If you buy a car off craigslist or Mano a Mano, you need to be certain it’s not a stolen car. There’s a site you can do this: http://repuve.gob.mx/quieres_conocer.html
If this is your first vehicle purchase, you will need to find a reliable mechanic. Car-owning friends will be happy to recommend one. Have the mechanic do a thorough inspection. It’s incredibly inexpensive, probably far under $50 USD and buys piece of mind.
It’s very important to have the original factura from the previous owners, with names and signatures. A factura is more than a receipt and will contain additional information. It might sound crazy but check the VIN and registration carefully to make sure they match. Make sure the seller has the authority to make the sale; ask for proof. Tenencia was a tax that no longer exists but still must be brought up to date for an older car or you’ll end up paying it at registration, which can be costly, so ask for all tenencia receipts. You and the seller will go to the Registration Office together for the transfer of ownership. Don’t forget to bring your original passport, a photocopy of the passport, and your residence visa. You must also have proof of your address, which is easy enough with an electric or water bill; your rental contract or deed to your home. You’ll need cash for the registration and if there are no liens and all past tenencia have been paid, you should bring as least $2000 pesos. Make sure you have all the above and your CURP… or you’ll taking Uber home.
Auto insurance is mandatory in all of Mexico, so find someone in Puerto Vallarta who can recommend an agent or company. Comprehensive is best, but you must have liability. It’s really smart to have a policy that provides bail bond and legal representation, if you get in an accident of any kind. In an accident where people are injured, it is highly likely you will be detained and we suggest insuring oneself in the unfortunate case this might occur.
Que es cómo es.
Timothy Real Estate Group is a locally-owned and operated real estate brokerage with a strategic location in the Romantic Zone of Puerto Vallarta in the Colonia Emiliano Zapata. Because the Puerto Vallarta area has varying neighborhood personalities, we practice localized real estate. We believe neighborhood knowledge is a top factor in solid sales, and we know our communities well.
We enable our clients to realize their vision for the future. We understand and plan for their concerns and are dedicated to transforming those concerns to peace of mind and joy.
Our philosophy of transparency, integrity, and professionalism imbues our culture with a tangible sense of purpose and results in the length and depth of the quality relationships we enjoy. We believe buying or selling a home is first and foremost about people. Of course we have the latest technology, marketing tools, statistics and research, but a successful real estate transaction really comes down to people. Connecting the right buyers to sellers or investors our professional agents structure solid transactions with successful solid outcomes. We believe in collaboration by connecting people in ways that bring satisfaction and success.
When you combine extensive local knowledge and our long standing reputation for honesty and sound judgment, you have an unbeatable resource at your disposal. You have a constant leader in Puerto Vallarta real estate