Fill Out Legal New Mexico Gifts Forms For Free

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.

The total amount you will pay for a vehicle title transfer in New Mexico depends on the age and value of your vehicle. The combined fees of the vehicle registration and vehicle titling fees range from $27 to $62 per year. If you qualify to only obtain the vehicle's title, this fee is $5.

Any applicant for a vehicle title who claims that the vehicle was received by gift must submit a notarized Affidavit of Gift of Motor Vehicle or Boat (MVD-10018) in which both donor and recipient affirm under oath and under penalty of perjury that the vehicle was in fact transferred as a gift.

Transferring Titles To A Family Member In New Mexico You must submit an Affidavit of Gift of Motor Vehicle or Boat form. Enter the sale price as zero. From there the process is the same for titling and registration. The gift is considered a sale in that sense, and there is no excises tax to be paid.

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.

The New Mexico Name Change Process. It is best to begin your name change by notifying the SSA. You will need to fill out the SS-5 form and decide if you want to file in-person or by mail. Filing is free, but you must show/include your current passport or driver's license and a certified marriage certificate.