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TO COMPLETE THE NOTICE OF VEHICLE SOLD BY MAIL: Please complete and print the Notice of Vehicle Sold Form. Mail the completed form to: Motor Vehicle Division. Attn: Sold Unit. P.O. Box 1028. Santa Fe, NM 87504-1028.
Used Car Title Transfers Titling a used vehicle requires the same documentation as it does for titling a new vehicle with a few exceptions: Gift Transfers ? If you received your vehicle as a gift, then you will need the original affidavit of the transaction containing notarized signatures from both parties.
Contact information for the buyer, including name, address, and phone number. A detailed description of the item being sold, such as the serial number, make, model, color, description, features, faults, and any other important identifying information. The agreed-on price and payment details. Method of payment.
FAQ: About the New Mexico Bill of Sale Date of purchase. Contact information of buyer and seller. Purchase amount. Description of the sold item. Guarantee that the asset is cleared of any liens or claims. Ongoing terms, such as warranties. Signatures of buyer and seller. Signature of a notary public.
Take the current title with the 'Assignment of Title' and 'Odometer Disclosure Statement' completed and signed to the MVD. You must pay the title fee and the excise tax on the vehicle, but no license plate will be issued. Once you do get insurance on the vehicle, you can register the vehicle.
Seller / Registered Owner Title Transfer In either type of title, begin on the line that says ?ASSIGNMENT OF TITLE FOR THE EXACT AMOUNT OF $?. ... The next line contains the date you are making the sale. ... On the next line enter the name of the buyer (or buyers if more than one)
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.
In order to complete the sale of your New Mexico vehicle, you must transfer your title by entering the name of the buyer/purchaser in the buyer/purchaser field. Please PRINT and SIGN your name in the seller/owner field EXACTLY as it appears at the top of the title.