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Taxis in Cancun are easy to obtain no matter where you are. They are lined up anywhere a tourist may be. Taxi prices are standard - there is no bartering necessary nor is it welcomed. The best thing to do is to ask the concierge or front desk in your hotel what the standard taxi rates are. Many times hotels even post the rates because they are standard througout. For example, at the Moon Palace, there is a standard rate to anywhere in the hotel zone - it doesn’t matter if you are going somewhere south in the zone or at the top of the zone, or how long it takes to get there - the rate is the same.
Taxis take both types of currency, but it is best to pay in local currency so you don’t have to worry whether you are getting correct change. Often if you pay in American dollars, your change will be in pesos. If you are good at math in your head, you could figure it out, but if you don’t care, you can always pay in pesos.
From the airport to anywhere: exclusive-taxis charge non-negotiable U.S. $40.00 or MX$400.00 (50.00 in the high season). Pay in any of the taxi stands inside the airport. You can take a collective taxi ("colectivo") for much less, you just have to travel with other passengers, and do a small milk run.
Calling ahead: if you are going to book a service before arriving to Cancun, be prepared to pay high prices and get stuck on shuttles that go from hotel to hotel. One service, however, that will pick you up from the airport (they will hold up a sign with your name on it) in a shuttle that privately takes you to your hotel is Cancun Valet. For U.S. $65 dollars, you can take a family of four, round trip to and from the airport.
From anywhere to airport: feel free to negotiate, but expect about MXP$200.00 pesos
Taxis will not issue receipts, except if you buy within the airport taxi stand.
Downtown Cancun: cheap. Make belive you are a local, don't let the taxi drivers screw you over.
It's better to rent a car or a scooter if you plan to move around a lot; it's cheaper than taxis. But seriously consider using the bus and van system if you are in the Yucatan/Cancun area as they are very frequent, cheap and friendly. Better than the rip-off costs of car rentals. Parking is a pain in the hotel zone. When you buy gas, keep in mind that Mexican gas stations tend to overcharge (or undeliver) gas, ie: they tinker with the meter and charge you 10% more liters than what's actually delivered. Also be sure to count out any cash you give to the attendant before handing it over. They tend to switch higher demonization bills with lower ones and then claim you did not pay enough.
As far as the price goes, keep in mind that the amount you are quoted on the phone or online can be significantly less than what you will pay by the time you've bought appropriate insurance and other unusual costs are added. A $25 quoted daily rental turned nearly into $100 daily. And you want that extra insurance because your own insurance is invalidated in Mexico, and police routinely arrest the various parties involved in a car accident until all legal matters are resolved. Make sure your Mexican car insurance includes the health option (not just for you, but any other party), will cover legal expenses and will send a lawyer to the accident site or jail.
Police also routinely stop tourists in rented cars on bogus charges (you didn't stop for the topas, even though you don't have to and nobody else does either) etc. just to extort cash from you. This is particularly common on the highway from Cancun to Tulum where there are numerous police checkpoints. They want you to "take care of this now instead of going to the station", which means giving them cash.
See Car rental advice including scams, insurance, inspecting your rental car and a listing of rental companies.
Cancun Car Hire rental cars booked online
Bicycles, roller skates: in the hotel zone, there are some strips were you won't have any problem, but around "Punta Cancun" (northeastern point of the hotel zone) you can forget about it. The same applies for kid-strollers.
Buses and vans: Probably the best deal if you're not loaded down with tons of kids and luggage. They're cheap, very frequent, very friendly and comfortable in Quintano Roo and Yucatan. Many experienced return travellers have moved to this option. If you're staying for at least a few days at each stop, a combination of taxis and buses/vans is probably your best option. No fuss, no muss, no rip-offs. And friendly.
Walking: sure, why not....