New Mexico Motorcycle Bill of Sale

How to sell a motorcycle in New Mexico

A motorcycle bill of sale works the same way as a car bill of sale: it names the bike by year, make, model and VIN, states the price and the date, and both parties sign. Motorcycles are titled in every state, so the buyer will also need the signed title to register.

Seller steps

1. Confirm you hold clear title. If a lender is on the title, get the lien release before you list it.
2. Agree on the price and fill in the New Mexico motorcycle bill of sale above with the buyer. Record the VIN and the exact odometer reading.
3. Both parties sign and each keeps a copy. New Mexico does not require a notary.
4. Sign the title over to the buyer exactly as your name appears on it, and complete the odometer section on the title if the motorcycle has one.
5. File a notice of sale or release of liability with the New Mexico Motor Vehicle Division if New Mexico offers one, remove your plates if the state keeps plates with the seller, and cancel the insurance once the buyer has driven away.

Buyer steps

1. Bring the signed bill of sale (or New Mexico's MVD-10009), the signed title and your ID to the New Mexico Motor Vehicle Division.
2. Expect to pay sales or use tax on the price shown on the bill of sale, plus title and registration fees.
3. Register within New Mexico's deadline, commonly 10 to 30 days from the sale date, to avoid late penalties.

Before you sign

• The VIN is usually stamped on the steering head or the frame near the neck.
• Note any aftermarket parts in the description so there is no dispute later.
• Include the engine size; several states use it for registration class.
• Both parties sign and keep a copy.

Why a bill of sale matters for a motorcycle

• Motorcycles change hands often and informally; a signed bill of sale settles who owned the bike on which date.
• The DMV uses the price for sales tax.
• Documents the odometer reading, which is required for most bikes.
• An as-is clause protects the seller once the buyer rides off.

Selling a motorcycle? The $19 sell-your-vehicle kit adds a signed release of liability and a New Mexico checklist to the pack, so the handoff is finished the day you sign.