Other Facts About Titling and Registering Your Boat
Every motorboat 10 feet in length or longer that is operating on New Mexico waters and owned by a person who lives in the state must be titled.
- You must apply for a title within 30 days of the purchase or transfer.
- If a vessel requires titling, the Certificate of Number will not be issued or renewed unless the boat is titled.
- The fee for the title also includes any excise tax due on the vessel.
Every Certificate of Number, except those issued to dealers and manufacturers, expires on December 31 of the third calendar year of its registration. The boat’s registration number will remain assigned to that boat for the life of the boat, except when a boat is transferred out of state, destroyed, or abandoned.
The Certificate of Number is renewed every three years. Renewals must be received by MVD within 60 days after the old certificate’s expiration date. MVD does not notify owners of their validation decal expiration automatically.
If ownership of the vessel changes, the new owner must file an application and receive a new Certificate of Number before the vessel can be operated.
If a numbered vessel is destroyed, abandoned, or sold, the owner must notify MVD within 15 days.
If you change your address, you must provide the MVD with the new address, the current Certificate of Number, and the proper fee. You will receive a new Certificate of Number that shows your new address, but the boat’s registration number will not change.
Larger recreational vessels owned by U.S. citizens may (at the option of the owner) be documented by the USCG. Call the USCG at 1-800-799-8362 for more information.
|Registration and Associated Fees|
|Class Motorboat||Length||Three-Year Cost|
|A||Less than 16 ft.||$28.50|
|1||16 ft. to less than 26 ft.||$36.00|
|2||26 ft. to less than 40 ft.||$43.50|
|3||40 ft. to less than 65 ft.||$51.00|
|65 ft. or over||$66.00|
|Fee for original, duplicate, corrected, or transfer of title||$10.00|
|Fee for duplicate registration||$5.00|
|Excise Tax: Applicable to boats
that must be registered. Excise tax is five percent (5%)
of sales price less trade-in. Credit is given for tax paid
to another state.
Gross Receipt Tax: Applicable to motorboats under 10 feet.