In order to properly complete a New Mexico Certificate of Title when selling a vehicle, follow these instructions.
Seller / Registered Owner Title Transfer
As the seller, look at the front page of the title at the section called “1st LIENHOLDER (OR OWNER(S) IF NO LIEN”. If there is an individual person(s) shown here, proceed to step 1. below. If there is a lender shown here rather than an individual person(s), then that lender must sign in the block below the New Mexico state seal called “RELEASE OF LIEN”. This normally would have been done when the lender sent the title to you. You may also obtain from the lender a separate MVD “Release of Lien” form, or a notarized letter on the lender’s letterhead releasing the lien. Any one of these methods allows YOU to transfer the title.
With the above release taken care of, you will make the following entries on the bottom part of the front of the title. Some title forms will have this same block of information laid out the same way but at the top of the backside of the title.
- In either type of title, begin on the line that says “ASSIGNMENT OF TITLE FOR THE EXACT AMOUNT OF $”. Fill in the sales price on the line next to the dollar sign.
- The next line contains the date you are making the sale. It has the numerical day (1st, 2nd, 3rd ,etc.), followed by the spelled month (January, February, etc.), then the numerical year (2016, 2017,etc.)
- On the next line enter the name of the buyer (or buyers if more than one)
- On the line below the buyer(s) name fill in the buyer(s) address.
- The next section is where you show that any loans (by the lien holder) for the vehicle have been paid off. Write “NONE”
- The next item is “ODOMETER DISCLOSURE STATEMENT”. Enter your mileage on the line provided EXACTLY AS IT APPEARS ON YOUR ODOMETER. DO NOT INCLUDE “TENTHS”. If the odometer reflects the actual mileage, check off that box. If the odometer does not reflect the actual miles on the car, check the box that says“NOT ACTUAL MILEAGE – WARNING-ODOMETER DISCREPANCY”.
- Below the Odometer section on the left side PRINT your (the seller’s) name on the line (or lines) shown. MAKE SURE TO PRINT YOUR NAME (OR NAMES) EXACTLY as appears on the front of the title under “1st LIENHOLDER (OR OWNER(S) IF NO LIEN)” of if there is a lienholder use the names under “REGISTERED OWNER(S). DON’T USE SHORT NAMES OR NICKNAMES!). Where there are TWO owners or registered owners listed on the title, you must check to see if there is an “OR” , and “AND”, or an “AND/OR” between the names. If there is an “OR”, EITHER registered owner can sign and print their name using the instructions above. Otherwise, the signatures and printed names of of BOTH registered owners are required.
- Seller(s) signs in the box to the left of the printed name.
- In like manner there are two lines provided for the buyer(s) to sign and print.
- You must notify the New Mexico MVD of the sale of your vehicle within 30 days (But do this as soon as possible). You can do this online at https://eservices.mvd.newmexico.gov/eTapestry/_/ “Mark My Vehicle as sold”. You will need a New Mexico driver’s license, Vehicle Identification Number, license plate number, and Zip Code. OR, you can fill out a paper copy: “NOTICE OF VEHICLE SOLD”. The form is online at http://www.mvd.newmexico.gov/fill-print-go-forms.aspx . Note that you will need the Vehicle Identification Number (VIN), year, make, and model, license plate number, odometer reading and the buyer’s name and address to fill out this report. Mailing instructions are on the form. You can also take it to an MVD office, locations are at http://www.mvd.newmexico.gov/maps-locations.aspx (Right below where it says Thank you for your patience)
- Keep your license plates. Within 30 days either turn the plates in to an MVD office, or apply to have the plates assigned to another vehicle.
A title is a legal document. Follow these following rules:
- Do not erase anything or use “white-out”
- Do not cross out or scratch anything out
- Write neatly with good handwriting
- Only use BLACK or BLUE ink
- Use actual names…no nicknames!
- Don’t Make Mistakes!
- Any errors can void the document!
Replacement and Duplicate Titles in New Mexico
Please refer to our New Mexico replacement title instructions for duplicate titles if your title has been lost or damaged.
Where to Sign the New Mexico Title When Selling a Vehicle
Our New Mexico Service Areas:
We are currently paying cash for cars in Albuquerque and most of Bernalillo County.
- Sell My Car in Albuquerque, NM to get an offer for cash to buy your car, truck, van, or SUV. We buy junk vehicles, damaged cars and all kinds of different used automobiles.
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