The New Mexico vehicle bill of sale is a legal document that includes the most important details about the vehicle sale and purchase.
It should include information about the seller and the buyer, a vehicle description, the purchase price, and other details relevant to the vehicle sale and purchase.
This type of document is also known as:
Other Names for New Mexico Vehicle Bill of Sale
New Mexico car bill of sale
Motor vehicle bill of sale
DMV bill of sale
Vehicle bill of sale document
Other Types of New Mexico Vehicle Bill of Sale
The seller and buyer can use other types of bills of sale when transferring motor vehicles other than cars.
New Mexico Boat Bill of Sale Requirements & Forms
The New Mexico boat bill of sale is a document that can be used for the titling and registration of a boat in this state.
Motorboats under 10 feet in length don’t have to be titled. However, all the boats operating in New Mexico must be registered. The boat bill of sale is useful since it documents the length of the boat and other information required for the boat titling and registration.
New Mexico Motorcycle Bill of Sale Requirements & Forms
The New Mexico motorcycle bill of sale is a legal document that records the motorcycle ownership transfer between the seller and the buyer.
It can be used in cases where the certificate of title is missing or doesn’t contain the necessary information required for the motorcycle titling or registration.
New Mexico Trailer Bill of Sale Requirements & Forms
The New Mexico trailer bill of sale should include information about the buyer and seller, the trailer description, the purchase price, the date of sale, and other important details.
Freight trailers and travel trailers for personal use that weigh 6,000 pounds or less can be registered permanently. All other types of trailers can be registered on an annual or biannual basis.
To register a trailer, you must submit an application to the New Mexico MVD.
Legal Requirements for New Mexico Vehicle Bill of Sale
The vehicle bill of sale form must fulfill the following requirements to be valid in New Mexico.
Is the printable vehicle bill of sale required for the sale or purchase of the vehicle? The printable vehicle bill of sale is required for the sale or purchase of the vehicle in New Mexico only if the certificate of title doesn’t include the purchase price or odometer reading.
Does the state offer a vehicle bill of sale template? Yes, New Mexico provides a bill of sale template that the parties can use for the vehicle transfers.
Is notarization required? No, notarization is not required for the New Mexico vehicle bill of sale document.
Where and How to Register Your Vehicle in New Mexico
When registering a vehicle in New Mexico, you should submit:
Vehicle Registration Mandatory Documents
Valid driver’s license
Bill of Sale
Odometer Disclosure Statement (Form MVD-10187)
Certificate of Title
Manufacturer’s Certificate of Origin (for new vehicles)
Proof of Insurance with Minimum coverage of:
$25,000 for bodily injury to or death of one person
$50,000 for bodily injury to or death of two or more persons
$10,000 for property damage in any one accident
Proof of registration fee payment
New Mexico Vehicle Bill of Sale FAQ
To draft a bill of sale for a car in New Mexico, you should provide the following details:
Information about the seller and buyer, such as their full names and mailing addresses
Vehicle description (vehicle’s make, model, year of production, vehicle identification number, color, and odometer reading)
Method of purchase price payment
Vehicle sale date
Signatures of the seller and buyer
You need a bill of sale to register a car in New Mexico if the certificate of title doesn’t include the odometer reading or the purchase price.
No, you cannot register a car with a bill of sale and no title in New Mexico.
No, you don’t need to notarize a bill of sale for a car in New Mexico.