A New Mexico vehicle bill of sale form is a document that details the transfer of a car, truck, or RV between a buyer and seller. The bill of sale lists the purchase price, description of the vehicle, and the seller’s contact information.
New Mexico only requires a bill of sale for new vehicle sales or if the certificate of title is damaged, missing, or lost. The New Mexico MVD (Motor Vehicle Division) recommends having a bill of sale in case there are questions about vehicle ownership.
New Mexico Vehicle Registration
Vehicles must be titled within 30 days of purchase. If you purchased the vehicle out of state and reside in New Mexico, you have 90 days to complete the procedure.
New Mexico requires new owners to make a reservation before bringing in a car for first-time registration. After that, registration can be renewed by mail or online.
Where to Register Your Vehicle
Reservations and appointments can be made at the main MVD offices or certified convenience offices.
Documents Required by the MVD Office
When you come to your appointment, you will need these documents with you:
- Certificate of title, with the assignment of title, completed and signed
- Odometer statement if the odometer reading was not included in the title
- Application for Vehicle Title and Registration. This is available from the MVD
- Proof of insurance. New Mexico requires drivers to carry minimum liability insurance.
Other documents may be needed under certain circumstances:
- A bill of sale is required if the assignment of the title is incomplete or not signed on the back of the title.
- A release of a lien is necessary if the original certificate of title shows there is still a lien outstanding on the vehicle.
How To Write a Bill of Sale for a Car in New Mexico
If a bill of sale is needed or desired, New Mexico has one available, or you can download our free bill of sale form. Then follow these steps.
Step 1: Add in the Vehicle Information
Fill out the vehicle information, including the exact sale amount. Fill in the VIN precisely. Any alterations or erasures void the document, so avoid making errors.
Step 2: Include the Odometer Reading
Complete the odometer disclosure statement. Choose the correct checkbox or indicate if the mileage is more than mechanical limits (EL) or if there is an odometer discrepancy (NM).
Step 3: Identify the Seller
Enter the seller’s name and information. If there are multiple sellers, all names and information must be included. Private sales must be free of liens or other encumbrances.
Step 4: Get the Seller’s Signature
The seller must sign that all information is correct. If there are multiple sellers, all sellers must sign.
Step 5: Fill in the Buyer’s Information Section
Complete the buyer’s information.
Free New Mexico Vehicle Bill of Sale Template
Our free New Mexico vehicle bill of sale can be downloaded here. It is available in PDF and Word formats.
