Get NM MVD-10813 1998

Yes, a New Mexico bill of sale is required. However, New Mexico requires that you use MVD Form 10009 as your bill of sale.

A bill of sale is like a receipt. It proves that ownership of a particular piece of property has changed hands. It also details the terms of the sale, including information about price, delivery, and condition. Bills of sale can help to prove the identity of a vehicle's true legal owner.

A bill of sale should at a minimum include information identifying the parties to the transaction (the buyer and seller), the total purchase price, and a specific description of the item that was sold. ... Bills of sale for motor vehicles should include an "Odometer Disclosure Statement."

A standard bill of sale is used when buying/selling a vehicle in a private sale. It contains information about the buyer, seller and vehicle and must be used in order to transfer ownership of the vehicle.

A vehicle bill of sale is not required in all states. ... Keep in mind, however, that a bill of sale does not prove ownership only a title transfer does that. A bill of sale is only a record that a sales transaction occurred between two parties.

When writing a bill of sale, be sure to include: The seller's name and address. The buyer's name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults [source: Cooper].

Remove the old license plate New Mexico is a Vehicle Plate to Owner state. ... File a Notice of Vehicle Sold form with MVD. Keep the VIN number of the vehicle you sell. Fill out Bill of Sale form and file with MVD. Sign over Certificate of Title and Odometer Disclosure statement keep copies of both.

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The combined fee for registration and titling ranges from $27 to $62 per year depending on the value and age of the car. The actual titling charge is $5 if you qualify to get the title only. You must however, pay an excise tax on any car that is being titled. That amounts to three percent of the sale price.

New Mexico Sales Tax on Car Purchases: New Mexico collects a 3% state sales tax rate on the purchase of all vehicles. The maximum tax that can be charged is 400 dollars. In addition to taxes, car purchases in New Mexico may be subject to other fees like registration, title, and plate fees.

You must pay the title fee and the excise tax on the vehicle, but no plate will be issued. Once the vehicle is operable, you can go to the MVD with your proof of insurance and register the vehicle. For complete information on registering a vehicle, go to: How to Register a New Vehicle or How to Register a Used Vehicle.

The registration fee for passenger vehicles is based on the weight and model year of the vehicle. Registration fees range from $27.00 to $62.00 for a one (1) year registration or $54.00 to $124.00 for a two (2) year registration.

In New Mexico, the titling of a car and the registration process are done at the same time. You can get a title for a car without registration, in cases where you wanted to restore a car and do not plan to drive it for a long time, for instance.

For others, who aren't new residents, you can apply in person at the local NM DMV office or by mail. The process involves filling out the Application For Duplicate Certificate of Title (Form MVD-10901).

The registration fee for passenger vehicles is based on the weight and model year of the vehicle. Registration fees range from $27.00 to $62.00 for a one (1) year registration or $54.00 to $124.00 for a two (2) year registration.