How To Get a Rebuilt Title in New Mexico
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When a car is severely damaged, it is sent to a scrap yard and dismantled unless there is an intention to rebuild it.
A rebuilt title indicates that a previously deemed total loss by the insurance company has been salvaged and repaired to a functional state.
To get a rebuilt title in New Mexico, you must:
- Apply for salvage title
- Repair the vehicle
- Submit the required documents
While it does not erase the fact that the vehicle was once deemed a total loss, a rebuilt title signifies that it has undergone a rigorous inspection by a licensed professional.
Let’s look at everything you need to know about how to get a rebuilt title in New Mexico.
Key Takeaways
- You need to get a rebuilt title to operate or sell a vehicle that was previously totaled.
- Apply for a salvage title within 20 days from when the vehicle was declared a total loss.
- Rebuilt vehicles require New Mexico-assigned VINs, which you can add next to the existing VIN.
Table of Contents
How To Get a Rebuilt Title in New Mexico
If you intend to sell or purchase a previously declared totaled vehicle, the state will require you to have a rebuilt title.
To get a rebuilt title in New Mexico, you must go through the following process:
1. Get a Salvage Title
After the insurance company has declared the car a total loss, the vehicle owner must apply for a salvage title within twenty days at New Mexico Motor Vehicle Division (DMV)
You will need to submit the following documents to the Motor Vehicle Division (MVD) in New Mexico:
- The original title of the car or Manufacturer's Certificate of Origin (MCO) with the word "SALVAGE" or "NON-REPAIRABLE" stamped diagonally across the front.
- A completed Salvage Vehicle or Vessel Notification form (MVD11103).
- Salvage title fee.
2. Repair the Car to Road Condition
Once you have obtained the salvage title for your vehicle, proceed with the restoration process.
Depending on your automotive skills, you can perform the repairs yourself or seek assistance from a qualified mechanic.
Assembled vehicles must meet the federal standards for highway use to ensure their compliance.
Also, keep all details of the restoration process, including receipts and information on parts replaced.
3. Go Through a VIN Inspection
Once you have successfully reconstructed your salvaged vehicle, the vehicle must undergo a vehicle identification number check through the National Crime Information Center database.
The preliminary VIN inspection confirms and records that the vehicle has no visible VINs and does not appear to be factory-manufactured.
Additionally, the inspectors will check that all the necessary equipment listed on the Vehicle Equipment Affirmation form (MVD-10053) is present and functioning correctly.
New Mexico-Assigned Number
The MVD will then assign a permanent identification number, a New Mexico Assigned Number, for the rebuilt vehicle.
The owner will need to have this number physically marked or engraved onto the vehicle, such as through machining, stamping, die-punching, or any other appropriate method.
Afterward, the owner must return for another visual inspection to ensure compliance with the assigned number and other requirements.
4. Submit the Necessary Documents for the Rebuilt Title
Generally, to initiate the application process for a salvaged title in New Mexico, specific documentation must be provided:
- The vehicle title or Manufacturer's Certificate of Origin (MCO) duly endorsed with the designation "SALVAGE" after accepting a partial settlement.
- A fully completed Salvage Vehicle or Vessel Notification (Form MVD11103).
- Affirmation Certifying Ownership form (MVD-10010) to prove you are the vehicle's rightful owner.
- The Vehicle Equipment Affirmation (Form MVD10053) was meticulously filled out.
- The Affidavit of VIN(s) of each inspected vehicle identification number associated with the factory chassis, cab, and engine.
- The Manufacturer's Certificate of Origin (MCO) or the vehicle's existing title.
- Invoices and bills of sale substantiating the purchase of each part utilized in the repair or reconstruction of the vehicle.
- Valid proof of insurance coverage.
- A weight certificate, which aids in determining the applicable registration fees.
- Payment for the relevant titling fees and excise taxes.
5. Undergo a Final Inspection
Rebuilt cars must come back for a final inspection. This inspection will be carried out by an MVD employee to visually confirm that the New Mexico Assigned Identification Number has been correctly marked.
This inspection is necessary before they issue a New Mexico rebuilt title and registration for the vehicle.
Rebuilt Title Cost in New Mexico
To get a rebuilt title in New Mexico, you'll need to consider several fees associated with the process including:
- Salvage Title Fee: $5
- Inspection Fee: $50
- Rebuilt Title Fee: $27
Insurance Coverage for a Rebuilt Car in New Mexico
You can get insurance coverage, but most insurance companies may decline to provide coverage for reconstructed salvage vehicles.
Such vehicles are often perceived as posing a heightened level of risk, prompting insurers to stay clear of them.
Learn how to get a rebuilt title in all 50 states with our helpful guides.
