New Mexico Bill of Sale PDF
New Mexico at a glance: Notarization Required: No · Title Transfer Deadline: 30 days from sale · Motor Vehicle Excise Tax: 4%
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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.
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 |
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.
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.