Revealing mistake: When Cruz, Miklo, and Paco take out the customer's car cruising they pass a Olds Cutlass and Chrysler Cordoba on the street that are newer than 1972. (00:11:00)
Revealing mistake: In prison where Magic Mike and Miklo are talking, Miklo leans over to whisper something to Magic. If you look at Miklo's shoulders, you can see his singlet tan that he must have gotten while shooting the scenes in the beginning, but that part was at least 5 years before.
Answer: No.