Mexicans Limited To Importing Cars From 1998, I Sold My Taurus Too SoonS

Growing up in Texas, it wasn't unusual to see caravans of used cars of a certain "vintage" being towed or driven to Mexico to be sold to consumers on the other side of the border. Especially popular were Chrysler minivans of the early 1990s. That's all going to change now that Mexico has limited imports to cars that are not older than 10 years, but also not younger than ten years. That's right: 1998 is your golden year. This was done under pressure from the Mexican Association of Automobile Distributors (MAAD), which was upset over losing new car sales. The most popular purchase is, not surprisingly, the 1998 Ford F-150.

Houston area dealers with 1998 vehicles, especially trucks, have seen a sudden windfall from the regulatory change. One dealer claims that the prices of such vehicles have increased by more than 10%. I guess I could have gotten a bit more for my old 1998 Taurus. [Houston Chronicle]