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.
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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 |
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 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:
You can leave out the details required for vessel sales (overall vessel length, vessel beamwidth, and vessel transom depth).
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 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 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:
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:
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 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.
Form MVD-10009 is the official bill of sale for motor vehicles in the State of New Mexico.
Form MVD-10002 provided by New Mexico Motor Vehicle Division is designed to apply for a vehicle title and registration.
Form MVD-10187 (also known as Odometer Disclosure Statement) is used to show the mileage of a motor vehicle.
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.
If a motor vehicle (or boat) is received as a gift, you will need to fill out the Form MVD-10018.
Those who want to register their newly acquired vehicle have to submit the relevant package of documents to a local MVD office:
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.