New Mexico Taxes - buying out of state

[ziaptrn]

Could anyone enlighten me on the best procedure and tax rate situation for buying an RV out of state and then registering it in New Mexico?

I'm finding conflicting information on the internet concerning Gross Receipts taxes, vehicle taxes, etc.

Many thanks!

John

[ziaptrn]

Could anyone enlighten me on the best procedure and tax rate situation for buying an RV out of state and then registering it in New Mexico?

I'm finding conflicting information on the internet concerning Gross Receipts taxes, vehicle taxes, etc.

Many thanks!

John

[GaryKD]

Consider contacting the local agency you would go to to title/tag the RV and pay your tax. In my county in Florida it is the Countay Tax Collector who handles this transaction. These folks do this all day long and can tell you everything you need to know.

[Toby]

John

If your concern is to avoid sales tax, It would be impossible to do this. You have to register in NM and they would want their money. OTOH, if you are just concerned about the procedure, Take your papers to the tax collector and they will handle it from there. You could form a Corp in Monatana with a lawyer and possible avoid the sales tax. But whatever state you register in, is where you pay the taxes if there are any sales tax. s/Toby

[ziaptrn]

Thanks for the responses. I did exactly as you guys suggested.

The intent is not to avoid taxes, but to clarify the rate and the process.

One website quoted the rate as 3% but another dealer said 5%, and I wanted to make sure. The correct rate is 3%, BTW.

Wrinkle #2: New Mexico requires that the VIN# be inspected by one of their own "certified inspectors" - so I found out that I can't just take the paperwork in, but must take the coach to the MVD. That is unless I hire one of their certified inspectors to come to the coach.

The state was very helpful and answered all of my questions. I didn't even wait on hold very long. (What's with THAT ????)

:-)

John

[JRP]

zia,

although my domicile is still Ca till the end of the year, I'm a part time NM resident and when I licensed the pickup truck which I leave garaged at my NM ranch, the Deming NM MVD said their tax rate was 5% of the vehicle purchase price or current book value for transfers. since I had documentation showing I paid more than 5% tax when I initially bought that truck in Ca, I was exempt from any additional NM tax when they registered it. They did require a NM MVD rep to verify the VIN in person, and they took the orig Ca title and re-issued me a NM title. all in all a pretty simple friendly process.
For a new RV bought from an out of state dealer, you should be issued a temp registration by the dealer, giving you 30 days to get it registered in NM. When you get it to the NM MVD you will fill out a NM MVD application for title, show the bill of sale, show proof of insurance, sign an odometer reading certification, pay the 5% tax and you're on your way.

Jim