The State of New Mexico may require a bond to obtain a title for a vehicle when the applicant is unable to provide a properly assigned Certificate of Title. A bond cannot be obtained on a vehicle with a lien unless you have a lien release.
First you will need to find the value of your vehicle. For bonding purposes, the NADA values below must be used:
Next, purchase a bond and gather the documents needed to submit to the Motor Vehicle Division (MVD).
The packet with all the required documents should be mailed to:
Motor Vehicle Division-Dealer Licensing Bureau
Attn: Surety Bonds
505 Marquette NW Suite 1501
Albuquerque, NM 87102
Inquiries can be emailed to Surety.Bond@state.nm.us
Contact your local DMV for any questions on the process to obtain a bonded title.
Along with your bond, we will provide the MVD-10070 form and the MVD-10861 form.
New Mexico information for certificate of title, bonds and liens: https://www.mvd.newmexico.gov/chapter-10-bonds-and-liens/
New Mexico MVD Tag and Title most popular forms: https://www.mvd.newmexico.gov/forms/most-popular-forms/
You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.
Visit EZSuretyBonds.com to browse hundreds of bonds by state, type, or industry.