If you are planning to sell or transfer ownership of a vehicle in New Mexico, you may need to complete the New Mexico Bill of Sale Form MVD-10009. Here is a step-by-step guide to help you fill out the form correctly:
Step 1: Fill in Your Information as the Seller
In the form’s first section, you should provide your name, address, and driver’s license number. Make sure to double-check the accuracy of your details before filling them in.
Step 2: Fill in the Buyer’s Information
The next section of the form is for the buyer’s information. Provide the buyer’s name, address, and driver’s license number. Again, ensure that the details are accurate.
Step 3: Fill in the Vehicle Information
The form requires you to provide details about the vehicle you’re selling, including its make, model, year, VIN (Vehicle Identification Number), and odometer reading at the time of sale. If the vehicle is over 10 years old, the odometer reading is not required.
Step 4: Indicate the Sale Price
In the next section of the form, you’ll need to list the sale price of the vehicle in both numeric and written form.
Step 5: Sign and Date the Form
The final section of the form requires both you and the buyer to sign and date it. It’s crucial to have your signatures notarized or witnessed by a third party.
Step 6: Provide a Copy to the Buyer and Keep one for Yourself
Once you’ve completed the form, give the original copy to the buyer and retain a copy for yourself.
Remember that the New Mexico bill of sale form MVD-10009 is not a legal title transfer document. Both you and the buyer must also complete a New Mexico Vehicle Title Application (MVD-10002) to transfer the vehicle’s title into the buyer’s name.