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Paperwork When Selling a Car in New Mexico
Steps to Selling Your Car
- Fill out a bill of sale if the certificate of title is either lost or all of the reassignment boxes have been filled out already. Regardless, it is good to have a bill of sale simply to note the agreed-upon price. Both parties must sign.
- Sign the title over to the buyer.
- Remove the license plates from the vehicle being sold.
- Provide an odometer disclosure statement, if necessary, or if the space is already filled out on the title.
Selling Without Paperwork
If the title is lost, the seller should apply for a new one before attempting to sell the car. Call the title information line at (888) 683-4636 for details.
Notice of Transfer and Release of Liability
You will have 30 days from the sale date of the vehicle to either register the removed plates on a new vehicle or drop them off at a Motor Vehicle Division office for termination.
Bill of Sale
A bill of sale is only needed in certain cases (see Steps to Selling Your Car above), although it's always good, regardless of the situation, to have one for your records. You can easily download a copy from our Bill of Sale page.
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