Jump to content
Chapala.com Webboard


  • Posts

  • Joined

  • Last visited

  • Days Won


Posts posted by tomgates

  1. Bought a couple cars thru S&S over the years, one used and one new. On the new one, Spencer and Karen were helpful in negotiating a low percentage fee for using a credit card to buy the car. This was important because of my desire not to exceed to US limit on money in a foreign bank account. 

  2. All the advise above is good. We were in Ajijic, 3 blocks from the plaza, for about 15 years. Early years were half and half with the US and later full time. We had private health insurance first than after 2010 Obamacare. That served us well on our trips back to the US. Routine stuff we paid out of pocket there because it was so cheap. You are 55 so keep your insurance. 

    We liked Ajijic because all our friends were nearby. Las Salvias is a good area, great views and also cooling breezes coming down from the mountains. Just above Ajijic village so close to there too. All the real estate offices handle rentals. This is a good time to come down as all the snowbirds have left. www.chapalamls.net is a good resource for sales or rentals.

    • Like 1
  3. 17.28 close today. I recall buying a new car in summer or fall 2015 and the rate was 16.80. This close today is the highest since then. 

    In real estate, the deeds are in pesos. When we bought in 2005 the exchange rate was 10:1. When we sold in 2020, the rate was 21:1. The Mexican authorities would say we more than doubled our money. Far from the truth.

  4. When we were doing a home remodel, I went to Schwab and asked them to increase my daily limit from $1000 to $3000. I would withdraw $21,000 from CI (3x$7000) and do the same at HSBC. At the 19 exchange rate, that was about $2200US. 

    This was in 2019 and there wasn't any of the exchange rate "suggestions" bs that is going on now. 

  • Create New...