Free New Mexico Odometer Disclosure Bill of Sale
New Mexico pairs its low 4% excise with a standard federal mileage duty: the written disclosure of 49 U.S.C. § 32705 rides on the certificate of title for model year 2011-and-newer vehicles (each covered to its 20th model year; 2010-and-older, 16,000-lb-plus GVWR, and pre-retail vehicles are exempt). The odometer reading is disclosed on the certificate of title and submitted to the Motor Vehicle Division along with payment of the 4% motor vehicle excise tax.
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Odometer disclosure is a federal requirement under 49 CFR §580, not just a best practice — and falsifying mileage is a federal crime. Our guide explains exactly what each field requires, when the 10-year exemption applies, and what to do if the odometer has rolled over. Read: Odometer Disclosure Statement: What It Is & What to Write →
New Mexico Odometer Disclosure Bill of Sale — What You Need to Know
Primary Form
Standard bill of sale
Agency
NM MVD
New Mexico Motor Vehicle Division
Primary ID Field
VIN
Sales Tax
0.04%
Title Required
Yes
Inspection
Not required
New Mexico Odometer Disclosure Sale — Step-by-Step Checklist
- Locate the odometer disclosure section on the New Mexico certificate of title.
- Record the exact mileage at the time of transfer.
- Tick exactly one certification box: actual mileage, exceeds mechanical limits (a rolled-over five-digit odometer), or not actual mileage (a known discrepancy).
- The disclosure section closes with both parties' dated signatures.
- A bill of sale with vehicle, parties, date, and price supports the 4% motor vehicle excise tax calculation.
- The buyer submits the completed title and bill of sale to the NM MVD office and pays the excise tax to obtain a new title.
- File copies of the full paper trail — five years is the minimum retention.
Common Pitfalls
- An 'as-is' clause in the bill of sale does not waive the seller's federal odometer disclosure obligation — TIMA applies to all eligible transfers.
- Choosing 'not actual mileage' when the odometer has rolled over is incorrect; use 'exceeds mechanical limits' for a genuine rollover.
- An unfinished odometer section on a covered vehicle is itself the federal violation — five-figure fines apply.
- New Mexico's 4% excise tax is calculated on the actual purchase price; understating the sale price to lower the tax bill can constitute separate tax fraud.
- Even trivial actual harm triples: the civil floor of $1,500 guarantees the fraud claim is worth bringing.
New Mexico Odometer Disclosure Bill of Sale — FAQs
Where does the odometer disclosure appear on a New Mexico title?
Directly on the New Mexico title — its printed disclosure fields take both parties' entries and signatures ahead of the MVD (or MVD Express) transfer visit.
What is the tax rate on a vehicle purchase in New Mexico?
New Mexico imposes a 4% motor vehicle excise tax on the purchase price. The buyer pays this at the MVD office when submitting the title for transfer.
Is a 2001 model-year vehicle exempt from odometer disclosure?
Yes — everything model year 2010 and older is federally exempt, so a 2001 vehicle requires no disclosure at all.
What penalties apply if a seller falsifies the odometer reading in New Mexico?
The criminal ceiling is $10,000 and three years per federal violation; the civil route triples the buyer's damages with $1,500 as the minimum recovery.