New Mexico certificate of title bonds.
From $100.
Also known as the New Mexico bonded title bond.
When you can’t prove ownership of a vehicle, New Mexico lets you get a bonded title — file a surety bond under NMSA 1978 § 66-3-24 (MVD form MVD-10070) and the Motor Vehicle Division issues the title. We write it from $100; no credit check up to $100,000, and the amount is twice the vehicle’s value.
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How much does a New Mexico certificate of title bond cost?
0.9% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Apply to bonded title in one sitting.
No underwriting queue for the standard title bond — enter your amount, pay, and take the executed bond to the MVD. Here is the whole thing:
Apply online
Your details, the vehicle, and the bond amount (twice the vehicle’s value) — that is the application.
Approved instantly
No waiting for most applicants — the executed bond is generated as soon as you pay.
File with the MVD
Take the executed bond (MVD-10070), your value documentation, and a VIN inspection (MVD-10861) to the Motor Vehicle Division to get your bonded title. Wet-ink originals mailed whenever the office insists.
Getting a bonded title in New Mexico, step by step.
New Mexico Taxation and Revenue Department, Motor Vehicle Division (Dealer Licensing Bureau reviews the bond by mail; an MVD office issues the title) handles it. The bond amount is 2 times the vehicle's value, using NADA values (average trade-in for used cars and trucks). The bond lasts 3 consecutive years from the bond's effective date.
Get the VIN inspected
Have a certified VIN inspector complete the Affidavit of VIN Inspection (MVD-10861). The VIN must match on the application, the inspection and the bond.
Buy the bond for twice the value
Buy a General Surety, Indemnity or Certificate of Title Bond in your name for 2 times the vehicle's value from a company authorized in New Mexico. It must run 3 years and list the VIN, make, model and year.
Fill out Form MVD-10070
Complete the Application for General Surety, Indemnity or Certificate of Title Bond (MVD-10070), listing any known owners or lienholders. Add any bill of sale or crossed-out title, a tax release for a mobile home, and a copy of your NM license or ID (or 2 proofs of NM residency).
Mail the packet to Dealer Licensing
Mail the original documents and the bond to Motor Vehicle Division - Dealer Licensing Bureau, Attn: Surety Bonds, 505 Marquette NW Suite 1501, Albuquerque, NM 87102. Questions go to Surety.Bond@state.nm.us.
Wait for the bureau's review
The bureau checks the bond, state records and the national title database, and gives any owner or lienholder it finds 30 days to claim an interest. Review takes at least 30 days, and if someone responds you will need their release.
Take the approval to an MVD office
Bring the approval letter or email and your documents to an MVD office. You pay the excise tax and fees there and receive the title, plus registration if needed.
Who qualifies
- It is for vehicles with no title or other ownership documents needed to title them.
- It cannot replace a lien process (tow, mechanic, storage, landowner or abandoned vehicle) when one is available.
- Vehicles branded junk, non-repairable or destroyed will not be titled in New Mexico, and chassis-only or road-unfit vehicles get a REBUILT brand.
- If the state where the vehicle was last titled requires a safety inspection, you must provide one from that state.
- Only original documents are accepted; papers with erasures, alterations or whiteout are rejected.
State fees
- Motor vehicle excise tax if you title within 90 days of approvalpaid to New Mexico MVD
- 4% of the vehicle's value
- Motor vehicle excise tax if you title after 90 dayspaid to New Mexico MVD
- 4.5% of the vehicle's value
These are the state’s fees. The bond premium is separate and shown in the price card.
After the bond
The Dealer Licensing Bureau notifies you by letter or email when it approves the bond, listing the documents to bring, the excise tax rate and which office to visit. Take that approval to an MVD office within 90 days to keep the lower 4% excise tax and get your title.
Checked on 22 October 2026 against NM MVD Vehicle Procedures Manual, Chapter 10: Bonds and Liens (Section F, revised Nov. 16, 2018), NM MVD: Form MVD-10070 Application for General Surety, Indemnity or Certificate of Title Bond (Rev. 04/19) and NM MVD Vehicles Manual 10G: General Surety Bond Checklist. Rules and fees change; the agency’s own page has the final word.
What it is and who needs it.
What the bonded title actually does
When you buy or inherit a vehicle and the paperwork is missing, lost, or defective, New Mexico lets you establish ownership with a bonded title under NMSA 1978 § 66-3-24. You post a surety bond, the Motor Vehicle Division issues a certificate of title in your name, and the bond protects anyone who later proves a superior claim to the vehicle.
The bond amount is two times the vehicle’s value as determined by the NADA guide or, where NADA has no value, a written appraisal. You apply on form MVD-10070 and the MVD also requires a VIN inspection (Affidavit of VIN, MVD-10861) by a certified inspector.
If someone with a better claim comes forward and is harmed, they can recover against the bond — and if the surety pays, you repay the surety. The bond runs a three-year term, after which a clean title issues if no valid claim was made.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The carrier issues this bond for a single three-year term; the term cannot be changed at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the MVD. Take the executed bond (MVD-10070), your value documentation, and a VIN inspection (MVD-10861) to the Motor Vehicle Division to get your bonded title. Wet-ink originals mailed whenever the office insists.
What sets the price
The premium is 0.9% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your bond amount (twice the vehicle’s value) — the executed title bond is generated instantly, ready to take to the MVD.
Start the application →Common questions.
Other New Mexico bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Bonded title, issued today.
Premiums from $100. Enter your amount and take it to the MVD the same day.