As March draws to a close, vehicle owners in the State of Mexico are racing against the clock to take advantage of a 100% subsidy on the vehicle ownership tax, known as tenencia. The deadline to apply for this significant financial relief is today, March 31, 2025. Missing this deadline could lead to unnecessary expenses for many drivers, making it crucial to understand the details and requirements associated with this benefit.
The Mexican government has expanded the scope of the tenencia subsidy this year, allowing more residents of the State of Mexico to benefit. According to Óscar Flores Jiménez, the Secretary of Finance, this fiscal support now applies to vehicles valued up to 550,000 pesos (excluding VAT) and motorcycles costing no more than 115,000 pesos. "This program aims to alleviate the economic burden on citizens and encourage timely compliance with vehicle tax obligations," he stated.
To qualify for the 100% subsidy on the tenencia, vehicle and motorcycle owners must meet several criteria before the cutoff date. These include being a resident of the State of Mexico, possessing valid license plates, ensuring that the vehicle's value does not exceed the specified limits, and having paid the tenencia for the year 2024. Additionally, applicants must pay the 2025 registration fee, known as refrendo, which costs 917 pesos for cars and 677 pesos for motorcycles.
After today, vehicle owners can still pay their tenencia, but they will no longer be eligible for the government’s subsidy, which could lead to a significant financial disadvantage for those who miss the deadline. It’s essential for residents to act quickly to avoid incurring the full cost of the tenencia.
Meanwhile, in Veracruz, the situation is similar but with slightly different terms. March 31, 2025, also marks the last day for vehicle owners in this state to benefit from a 7% discount on their tenencia payments. This discount, which took effect on February 28, 2025, applies to payments made directly at the Hacienda offices. Additionally, there is a remarkable 99% discount available on surcharges and updates related to previous debts.
To qualify for the discount in Veracruz, vehicle owners must be current on their annual vehicle verification payments. The discount only applies to the 2025 tenencia payment. The Veracruz government modified a decree to provide a 100% tax incentive on vehicle ownership or use for the fiscal years 2025 to 2030, demonstrating a commitment to easing the financial pressures on residents.
For those looking to pay their tenencia in Veracruz, several requirements must be met. Vehicle owners need to provide their vehicle's license plate number, the last five digits of the vehicle's serial number, a valid photo ID (such as a voter ID, driver's license, passport, or professional ID), proof of residency in Veracruz (like a utility bill), and the original invoice or digital tax receipt (CFDI) in favor of the taxpayer.
Payments can be made in person at Hacienda offices, where the 7% discount will be applied, or online through the OVH website. To pay online, users must enter their license plate number and the last five digits of their vehicle's serial number, review their outstanding balance, and select their payment method, which can be via bank transfer or deposit.
Both the State of Mexico and Veracruz are making efforts to support vehicle owners and alleviate financial burdens through these tax incentives. However, the urgency of meeting these deadlines cannot be overstated. Vehicle owners in both states must act swiftly to ensure they do not miss out on these valuable savings.
The tenencia is an annual tax that vehicle owners are required to pay to their respective states, and staying current on this payment is crucial to avoid larger debts in the future. As the clock ticks down to these deadlines, residents are encouraged to take advantage of the subsidies and discounts available, ensuring their vehicles remain compliant without straining their finances.
In summary, March 31, 2025, is a pivotal date for vehicle owners in both the State of Mexico and Veracruz. With substantial financial benefits on the line, it is essential for residents to be informed about the requirements and act promptly to secure these subsidies and discounts. As the government aims to ease the economic burden on its citizens, timely action could lead to significant savings for many.
