New Mexico Purchase Order for Vehicle
Description
How to fill out Purchase Order For Vehicle?
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FAQ
Is a New Mexico Bill of Sale Required to Register a Motor Vehicle? Yes. A New Mexico bill of sale is required. New Mexico requires that you use MVD Form 10009 as your bill of sale.
A New Mexico bill of sale can be written in plain English, without legal jargon or archaic terms. It is important to include the required elements above. If you're a party listed in the New Mexico bill of sale, make sure that you have more than one copy of the completed documents for your records.
Bill of Sale Only required when Assignment of Title or Dealer Assignment is not on the back of the Title. All information on the Bill of Sale must be filled in, and have signatures of both the seller and the buyer.
O If your car breaks down during the 15-day/500-mile warranty period, you have to return the vehicle to the dealership you bought it from before you make any attempts to repair the vehicle and give the dealership the opportunity to fix the problem.
If you are less than 31 days late in renewing your vehicle registration, you must pay a $10.00 penalty, along with the cost of your registration renewal fee. If you are 31 days or more late in renewing your vehicle registration, you must pay a penalty equal to 75% of the registration fee.
Yes. A New Mexico bill of sale is required. New Mexico requires that you use MVD Form 10009 as your bill of sale.
Does a bill of sale have to be notarized in New Mexico? No. A bill of sale for a private party vehicle transfer does not need to be notarized in New Mexico.
You will need a notarized New Mexico Powers of Attorney (MVD-10037; or notarized generic POA) signed by all owners listed on the title. If you have a lien on the vehicle you will need a lien release. You will need to fill out the Application for Duplicate Certificate of Title form which can be found at your MVD.
Regardless, NM residents need to register it with the MVD within 30 days of purchase.
The registration fee for passenger vehicles is based on the weight and year model 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.
