NM · BILL-SALE · Updated June 2026 · Free
New Mexico Bill of Sale
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New Mexico at a glance: Notarization Required: No · Title Transfer Deadline: 30 days from sale · Motor Vehicle Excise Tax: 4%
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Overview
Bills of Sale in New Mexico
New Mexico requires a bill of sale for motor vehicle private sales. New Mexico charges a 4% motor vehicle excise tax on vehicle purchases. The buyer must transfer the title at the New Mexico MVD within 30 days.
New Mexico does not require notarization for vehicle bills of sale.
Key Facts
New Mexico Bill of Sale — Quick Reference
| Requirement | New Mexico Rule |
|---|---|
| Notarization Required | No |
| Title Transfer Deadline | 30 days from sale |
| Motor Vehicle Excise Tax | 4% |
| Odometer Disclosure | Required |
| Governing Law | N.M. Stat. Ann. § 66-3-13 |
Legal Requirements
New Mexico Legal Requirements
- Seller signs over the title.
- Bill of sale documents the transaction.
- Buyer pays 4% excise tax at MVD.
- Title transferred within 30 days.
- Odometer disclosure required.
Governing Laws
New Mexico Governing Laws
Read the full text of these laws at Cornell Law School's New Mexico legal resources or your state legislature's official website.
Questions & Answers
New Mexico Bill of Sale — Frequently Asked Questions
How much is the motor vehicle excise tax in New Mexico?
New Mexico charges a 4% motor vehicle excise tax on the purchase price of a vehicle.
Does New Mexico require a notarized bill of sale?
No. New Mexico does not require notarization for vehicle bills of sale.
How long does the buyer have to transfer the title in New Mexico?
30 days from the date of sale.