Aug. 22, 2024

Paperwork Needed to Sell or Buy a Car in New Mexico

1. Vehicle Title 

The title must be signed over to the new owner. Ensure that all liens are cleared. 

Title Transfer Information 

 

2. Bill of Sale 

Provide a bill of sale to the buyer, including details such as the VIN, sale price, and date of sale. 

Bill of Sale Form 

 

3. Odometer Disclosure Statement 

If the vehicle is less than 10 years old, an odometer disclosure statement is required. 

Odometer Disclosure Information 

 

4. Release of Liability 

Complete and submit a release of liability form to the MVD to notify them of the sale. 

Release of Liability Form

 

5. Maintenance Records (optional)

Providing maintenance records can help the buyer feel more confident about the purchase. 

 

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