Starting January 1, 2025, vehicle owners in Mexico City will have the opportunity to enjoy significant savings on their vehicle tax, with the government offering a 100% discount on the tenencia vehicular under specific conditions. This initiative is part of the government’s broader effort to support families and uphold sustainable financial policies.
The vehicle tax, known as "tenencia," traditionally serves as an annual fee for vehicle ownership, contributing to public transportation improvements and road maintenance. According to the Secretary of Administration and Finance (SAF), vehicles valued under $250,000 pesos, including VAT after depreciation, are eligible for complete exemption from the tax if owners meet all necessary requirements.
To qualify for this generous offer, vehicle owners must adhere to several criteria: First, they must pay the 2025 refrendo (a licensing fee), which is set at $731 pesos. Secondly, participants must have no outstanding vehicle tax debts from previous years. Lastly, they need to possess or renew their current vehicle registration (Tarjeta de Circulación) ensuring it is valid at the time of application.
The promotional period for this tax discount will be from January 1 to March 31, 2025, providing vehicle owners with ample time to secure these benefits. The SAF emphasized this incentive is accessible to both individuals and nonprofit entities having fulfilled the stipulated requirements.
"The 100% discount on the vehicle tax aims to relieve economic burdens for citizens, promoting healthier fiscal practices," stated the SAF. Following the implementation of this program, vehicle owners can pay their fees through various channels including the official SAF website, which allows them to generate payment lines for the tax online.
For added convenience, payments can also be made via the mobile app “Tesorería CDMX,” and at over 8,800 authorized payment points including kiosks, banks, convenience stores, and departmental shops. This range of options ensures the process is accessible, enabling citizens to meet their obligations efficiently without incurring extra costs.
Historical analysis reveals the tenencia vehicular tax originated back in 1962 as a means to fund significant national events, like the 1968 Olympic Games. Since then, it has evolved to become a key revenue stream for local governments. The tax is typically calculated at approximately 3% of the vehicle's value, and it contributes to enhancing public services, road safety, and urban transport systems.
Importantly, the SAF's initiative is not just about tax relief; it's aimed at reinforcing sustainable economic practices among ordinary citizens. Many see this measure as part of the local government's commitment to improve financial conditions and support socioeconomic stability during challenging economic times.
Vehicle owners are encouraged to act swiftly to avail themselves of this advantageous offer. For individuals who have fallen behind on past payments, engaging immediately with the SAF is recommended to settle any outstanding debts prior to seeking the discount. This strategic approach may facilitate access to this exceptional offer by removing previous financial hurdles.
Further easing the payment process, the SAF also announced plans to allow vehicle payments using participating credit cards, offering interest-free installment options. This change aids many families, enabling easier financial management among those who might have difficulty paying larger sums at once.
Beyond the vehicle tax incentives, the government is actively promoting others such as discounts on property tax and public service fees, reinforcing its commitment to making life more affordable for CDMX residents. According to the latest updates, vehicle owners should expect additional announcements from local authorities about similar initiatives throughout the year, enhancing financial accessibility for all.
With the first quarter of 2025 just around the corner, vehicle owners should prioritize fulfilling these requirements for the tenencia discount. Keeping detailed records and meeting deadlines will be key to taking advantage of this unique fiscal benefit, which reflects larger governmental objectives to support the citizenry through sustainably managed municipal finances.
All indications point to the 2025 vehicle tax discount program as not only beneficial for individual vehicle owners but also as part of a larger vision aimed at maintaining well-maintained public infrastructure and ensuring continued improvements to the city’s transport services. Vehicle owners are hence urged to take note of the deadlines and payment methods available to secure their tax breaks efficiently.