What Is a New Mexico Motor Vehicle Bill of Sale?
A New Mexico motor vehicle bill of sale is a legal document that shows a vehicle’s ownership was transferred from a buyer to a seller. The official form is Form MVD-10009, but the seller can write their own as long as it contains the key details. Essential information in a New Mexico bill of sale for a car includes:
- Buyer’s and seller’s names and addresses
- Buyer’s and seller’s signatures
- Vehicle’s year, make, and model
- Vehicle Identification Number (VIN)
- Sales price
- As-is statement (if applicable)
Do I Need a Bill of Sale for a Car in New Mexico?
A bill of sale for a car is not required in New Mexico. In most cases, it’s an optional document that assists with the titling and registration processes. Even if not required, it provides proof of purchase and helps the buyer determine the amount of sales tax they need to pay when completing registration.
A New Mexico vehicle bill of sale is only required when the Assignment of Title is not on the backside of the Title or there is not enough room to make an assignment (New Mexico Motor Vehicle Division). If the purchase price, odometer disclosure statement, or the assignment to the buyer is missing, you will need a vehicle bill of sale.
Does a New Mexico Vehicle Bill of Sale Need to Be Notarized?
A New Mexico vehicle bill of sale does not need to be notarized, but it can be helpful to get it notarized. A proper notary acknowledgment offers further proof that the transaction occurred and minimizes disputes over the sale’s details.
Sample New Mexico Vehicle Bill of Sale
View a free sample of a New Mexico vehicle bill of sale to understand what elements to include. Then, create your own using our guided questionnaire. Download a copy in PDF or Word format to store in your records.
