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Aldervale
Junior Nomad
Posts: 95
Registered: 12-22-2013
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Exchange rate purchasing power
Howdy
Is there any real logic to waiting till me get into MX toward savings ?
We usual purchase food etc after we are travelling...
What about the big stuff like some new off road tires ?
Despite the different currency valuation I suspect the actual cost of big ticket items is much the same....
And then also Tires would need to have the DOT stamp we see in El Norte.
? Si o no ?
Aldervale
PS Anyone seen BFG At K 02 's for sale SOB ? 
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Sandlefoot
Nomad
Posts: 220
Registered: 10-31-2011
Location: La Paz
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Mood: Home
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The exchange rate does give a dollar holder greater buying power. The cost of most products here has remained the same. A taco is still 16 to 18
peso's. Gas went down the first of the year.
You can buy the same tires here that you can buy in the states. Tires here have traditionally been more than in the states, so you may need to be
informed as to the cost in the states to make a deal here that is good for you.
Have a great trip!
All is well in La Paz
[Edited on 1-2-2016 by Sandlefoot]
" Don't find fault, find a remedy; anyone can complain." Henry Ford
If you are not living on the edge...you are taking up to much space!
Just because it may not be a good idea does not mean it will not be fun!!!
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BigWooo
Senior Nomad
Posts: 579
Registered: 1-2-2007
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I've been buying my BFG AT tires in Cd. Constitucion at Frenomex. They are an "authorized" BFG dealer. I called BFG to confirm. Last set I bought,
mounted and balanced, was about $45.00 a tire less expensive than in the U.S.
If you want to buy tires in BC or BCS, check the tire mfgr website, or call the company to see which shops are authorized to sell whatever type of
tire you want to buy in BC or BCS, then call the shop for a price comparison to U.S. prices.
[Edited on 1-2-2016 by BigWooo]
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Aldervale
Junior Nomad
Posts: 95
Registered: 12-22-2013
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Sandlefoot and Bigwoo
Many thanks....I have actually considered driving down from Oregon to the Costco near the border and buying off road tires there......
but then I would need to find a place to store my new road tires during our time in MX and etc. and etc.
I will probably keep it simple and stupid....buy them at home and drive 1100 miles of asphalt to condition them.
Aldervale
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
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Mood: must be 5 O'clock somewhere in Baja
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Get your pesos at bank ATM's located at banks, supermarkets (Commercial Mexicana has a great selection) and at COSTCO's in TJ or Ensenada.
A word of advice - BBVA Bancomer currently has the highest ATM use fees
Check with your ATM card issuer regarding reimbursement of ATM fees, and don't forget to tell them (and your credit card issuer) that you will be in
Mexico
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AKgringo
Elite Nomad
Posts: 6025
Registered: 9-20-2014
Location: Anchorage, AK (no mas!)
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Mood: Retireded
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Aldervale, Do a chalk line test on those new tires before you hit the road to see if you have the right PSI. I run oversize tires on a light weight
vehicle, and tires shops ALWAYS over inflate them, even when I ask them not to.
I have not bought many auto parts and supplies SOB, but everything I saw in the stores seemed to be more expensive than in the US. I am surprised to
hear about BFGs at a discount!
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Don't expect to pay less for any imported goods in Mexico. The price will reflect added import duty as well as the necessary adjustment for stores
here to fill their inventory with goods which they themselves must buy with dollars.
"YOU CAN'T LITTER ALUMINUM"
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weebray
Super Nomad
Posts: 1094
Registered: 7-19-2010
Location: La Paz
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Mood: lleno
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Quote: Originally posted by bajaguy  | Get your pesos at bank ATM's located at banks, supermarkets (Commercial Mexicana has a great selection) and at COSTCO's in TJ or Ensenada.
A word of advice - BBVA Bancomer currently has the highest ATM use fees
Check with your ATM card issuer regarding reimbursement of ATM fees, and don't forget to tell them (and your credit card issuer) that you will be in
Mexico |
I would add that if you had a Charles Schwab debit card you would pay no foreign transaction or atm fees at all. We get an exchange rate close to
market at Santander Bank. There are other "fee free" options. As has been pointed out the cost of living has been lowered significantly in the past
year. In January of 2015 we paid $543 for 8000 pesos, last week we paid $462 for 8000 pesos. Rents, medical costs and most locally produced items
have not increased at that rate. Even the cost of basic construction materials including labor costs has been static. The only major changes have
been made by the big box and grocery stores on imported items. A local market now gets 129 pesos for a pound of imported butter. This is up from
about 70 pesos less than a year ago.
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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Today's rate
Looks like 17.29 pesos to a dollar
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Aldervale
Junior Nomad
Posts: 95
Registered: 12-22-2013
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Yep on the air pressures.....I am a reserve Deputy on a North Oregon beach which allows car travel......LOTS of cars travel along with trucks which
launch dories directly into the Pacific.
It can be a constant parade of woe and despair as folks drive their shiny new vehicles onto the sand beach and often into the surf which mysteriously
"wasn't there before Officer...honest !"
Some of them remember to wash the Buick on the way back to suburbia.....
Aldervale
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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At the ATMs I use here, the machine fee is 35Ps for withdrawing 7000.
When times get so bad that I have to be concerned about this, I'll start collecting aluminum cans.
As Terry mentioned above....Bancomer has a fee of 85Ps for the same transaction. The fees are on the screen for your approval before the transaction
can proceed.
"YOU CAN'T LITTER ALUMINUM"
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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17,000? Really, Frank? You must mean at the window.
"YOU CAN'T LITTER ALUMINUM"
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
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Mood: mellow
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We pay most of our stuff here by credit card, get the current exchange rate (which has been over 17) and get the 11/2% percent credit for using it.
Only way to go.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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You absolutely need to notify your Credit/Debit card issuer that you will be out of the country, in Mexico. Past experience for me has been that the
transactions will not be approved without prior notification.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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And....try through your bank to get an extra card in case the ATM eats one.
"YOU CAN'T LITTER ALUMINUM"
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
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Mood: mellow
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| Quote: Originally posted by Bajahowodd | | You absolutely need to notify your Credit/Debit card issuer that you will be out of the country, in Mexico. Past experience for me has been that the
transactions will not be approved without prior notification. |
Got to get the right card. We have the B of A travel card and never an issue being out of the country. Several other cards work the same way.
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bajatrailrider
Super Nomad
Posts: 2432
Registered: 1-24-2015
Location: Mexico
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Mood: Happy
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Tires in the Ensanada area,much more money then U.S even with Exchange.The BFGs off road tires,I got at 4Wheel in Calif 102$ In Mex 209$ dollars.Also
high tax rate in Mexico.The trick is Buy the tires at 4Wheel,dont let them mount them.They will charge 50$ apiece.Carry them out to Walmart 14$ to
mount and Bal.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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I hope you mean WalMart USA. Mexico won't allow unmounted tires through the border.
I know the race teams aren't held to this, but Joe Citizen is. Been this way for a long time.
"YOU CAN'T LITTER ALUMINUM"
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durrelllrobert
Elite Nomad
Posts: 7393
Registered: 11-22-2007
Location: Punta Banda BC
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Mood: thriving in Baja
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BFGs are not manufactured in Mexico and as mentioned above the local distributors have to buy them with US$ (so much for the exchange rate) and then
pay import duty on each one (about 13.79% of value) plus the IVA which is 16% of the out the door pricenation wide in Mexico.
In Oregon and California you only pay the local sales tax but in CA you also have to pay the mandatory tire disposal fee of $1.75 per tire. You will
also pay more for mounting/ balancing in the states (and as DENNIS metioned they must be mounted to bring into Mexico) and most "sale" prices require
you to purchase an extended warrantee even if you don't want it.
You need to weigh all of this to make your decision.
Bob Durrell
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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Didn't think they had a sales tax in Oregon. Is that something new???
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