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Bill of Sale \u2013 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.
A New Mexico bill of sale can be written in plain English, without legal jargon or archaic terms.
Paperwork for New Mexico Car Buyers This certificate must be filled with all the required information. Obtain a bill of sale from the seller if the certificate of the title is missing, damaged or lost. This document is not necessary, but you need it to show proof of vehicle purchase and ownership.
Bill of Sale \u2013 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.
In short, you need a bill of sale in order to obtain a title. Think of the two documents as complementary. While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyer's legal ownership. It's the final step in the process and proves that the buyer is the legal owner.
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A New Mexico bill of sale can be written in plain English, without legal jargon or archaic terms.
Bill of Sale \u2013 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.
Selling a Car: Remove the old license plate \u2013 New Mexico is a \u201cVehicle Plate to Owner\u201d 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 \u2013 keep copies of both.
Is a Bill of Sale required for selling a car in New Mexico? For most private vehicle sales in New Mexico, a bill of sale is not required. However, if the purchase price or odometer statement are missing from the title, then a bill of sale (form MVD-10009) is required.
As the seller of a vehicle in NM, you need to: Assign the vehicle's title over to the buyer using the Assignment of Title section on the vehicle's title certificate (If an Assignment of Title section is not available, you need to provide a bill of sale (Form MVD 10009) Sign the vehicle's title.

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