New Mexico Vehicle Bill of Sale Form

A New Mexico vehicle bill of sale is used to register the details of a vehicle purchase between state residents. When a person buys a vehicle without the title of ownership, the bill of sale is required to legalize the sale.

The New Mexico Motor Vehicle Division provides the official vehicle bill of sale, referred to as Form MVD-10009. The bill of sale template should include all relevant details about the vehicle, contact information of the seller and buyer, and the vehicle’s price. After this information is filled into the form, both the buyer and seller sign it and add the date of the sale to it.

New Mexico bill of sale forms – find out more about bills of sale related to different property types in the State of New Mexico.

New-Mexico-motor-vehicle-bill-of-sale-template

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Document Details

Document Name New Mexico Vehicle Bill of Sale Form
Other Names New Mexico Car Bill of Sale, New Mexico Automobile Bill of Sale
DMV New Mexico Motor Vehicle Division
Vehicle Registration Fee $27-62 (1-year registration) or $54-124 (1-year registration)
Bill of Sale Required? Yes
Avg. Time to Fill Out 7 minutes
# of Fillable Fields 41

How to Write a NM Vehicle Bill of Sale

A vehicle bill of sale is used during the vehicle ownership change due to sale or purchase. This form is usually required to prove the owner’s rights during the vehicle registration in the DMV. If you’re to use this document for your needs, feel free to look through this simple guide to avoid any errors.

Step 1. Provide the sale amount

In the first section, you need to identify the price that both parties agree on for the transaction to happen.

step 1 to filling out a new mexico vehicle bill of sale amount

Step 2. Enter the details of the vehicle

As this form is used both for watercraft and motor vehicle transactions, you need to fill out the corresponding fields:

  • Year
  • Make
  • Model
  • Body type
  • VIN
  • The license plate
  • State

You can leave out the details required for vessel sales (overall vessel length, vessel beamwidth, and vessel transom depth).

step 2 to filling out a new mexico vehicle bill of sale sample description

Step 3. Indicate the vehicle odometer reading

The seller is required to inform the purchaser regarding the actual state of odometer mileage of the vehicle. Indicate if the number provided is actual mileage, more than mechanical limits, or is not correct due to odometer discrepancy by selecting a corresponding checkbox.

step 3 to filling out a new mexico vehicle bill of sale form mileage

Step 4. Provide parties’ signatures

Both the seller and buyer must sign the document to indicate their awareness regarding the odometer reading. Provide the date of the signature and the printed name of the parties who sign the document.

step 4 to filling out a new mexico vehicle bill of sale sample signatures

Step 5. Enter the seller’s information (for dealers)

If the purchaser is getting their vehicle through the official dealer, the latter must provide the complete information, including:

  • Dealership Name
  • Dealer License Number
  • Lienholder Name (if any)
  • Lienholder Number
  • Address
  • City, State, Zip Code
  • File Date
  • Maturity Date

step 5 to filling out a new mexico vehicle bill of sale example dealer

Skip this step if the seller is a private party.

Step 6. Enter the seller’s information (for private sales)

If the purchase occurs between two private parties, the seller must fill out this section, providing their personal information, including:

  • Full name
  • Address
  • City, State, Zip Code

step 6 to filling out a new mexico vehicle bill of sale sample private seller

Step 7. Provide the seller’s signature

The signature from the seller is required to indicate that the transfer of the vehicle is warranted and that all provided information is accurate. Both sellers must sign the document if there is more than one seller or the vehicle is under joint ownership.

step 7 to filling out a new mexico vehicle bill of sale template sellers signs

Step 8. Identify the buyer’s details

In the last part, you need to provide the purchaser’s name who buys the vehicle and their address (street, city, state, and zip Code).
There are no strict rules on whether this form must be notarized in the state, so the form will be considered valid without the notary public’s signature.

step 8 to filling out a new mexico vehicle bill of sale sample buyer

Form MVD-10009
Form MVD-10002
Form MVD-10187
Form MVD-11020
Form MVD-10018

Form MVD-10009 is the official bill of sale for motor vehicles in the State of New Mexico.

Form MVD-10009

Form MVD-10002 provided by New Mexico Motor Vehicle Division is designed to apply for a vehicle title and registration.

Form MVD-10002

Form MVD-10187 (also known as Odometer Disclosure Statement) is used to show the mileage of a motor vehicle.

Form MVD-10187

A vehicle power of attorney can be used in situations when you need to assign another person to act on your behalf regarding the vehicle matters.

Form MVD-11020

If a motor vehicle (or boat) is received as a gift, you will need to fill out the Form MVD-10018.

Form MVD-10018
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Registering a Vehicle in New Mexico

Those who want to register their newly acquired vehicle have to submit the relevant package of documents to a local MVD office:

  • A certificate of title (the assignment of title section should be completed by the previous owner of the vehicle). The original form should be submitted, and no copies are accepted.
  • An Odometer Statement Disclosure (form 10187) (the document should be signed by both the buyer and the seller to certify the current mileage of the vehicle)
  • An accurately completed vehicle bill of sale
  • A completed Vehicle Title and Registration application (MVD form 10002)
  • Active proof of insurance (a copy of the insurance card)
  • Proof of identity
  • Receipts for the paid taxes and fees due for the vehicle’s registration

Fees for registered used motor vehicles in New Mexico are set depending on the vehicle type, starting from $27 and ending with $62 (for one year) or $54-124 for two years of registration.

The vehicle seller must complete a Notice of Vehicle Sold form (MVD-10048) under Section 66-3-101(A) of NMSA 1978. This form should be sent by mail to the Motor Vehicle Division of Santa Fe or online. The document notifies the relevant state agencies that the vehicle previously owned by the seller has been transferred to another person and is no longer in this resident’s possession. The Notice should include the VIN of the sold vehicle, its make, model, model year, license plate number, and the date of the sale. The vehicle’s odometer mileage is also recorded in the Notice at the moment of transfer. Inclusion of incorrect details into the Notice is regarded as perjury per the Motor Vehicle Code and is legally prosecuted as a fourth-degree felony.

seal of new mexico state

Other Vehicle Bill of Sale Forms by State

Published: Sep 17, 2020