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New Mexico

New Mexico Motor Vehicle Division
Bill of sale for NM
Title transfer form
MVD-10002
Days to transfer title
30 days
Bill of sale
Required
Notarization
Not required
Sales tax
3% Motor Vehicle Excise Tax.
Highlights
  • Bill of sale required.
  • Lower 3% excise tax (vs. typical state sales tax).

Services

Title Transfer
Transfer ownership to a buyer after a private sale.
Registration Renewal
Annual or biennial vehicle registration renewal.
Duplicate Title
Replace a lost, stolen, or damaged title.
Lien Release
Record a paid-off loan and remove the lienholder.
Out-of-State Registration
Register a vehicle titled in another state after moving.
Salvage / Rebuilt Title
Process for vehicles declared total loss.
Personalized Plates
Apply for custom or vanity license plates.
Dealer License
Become a licensed retail or wholesale dealer.

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Not legal advice. Verify every requirement directly with the New Mexico Motor Vehicle Division before filing.