N.M. Stat. § 66-6-13
Reduced fees for portion of year; fee incentive for
registration by alternative means; temporary permits; drive-out
permit; fee.
A. Upon a showing satisfactory to the division that a vehicle has not been operated
on the highways of this state:
(1)
prior to April 1 of the year in which registration is sought, the registration
fee shall be three-fourths of the annual fee;
(2)
prior to July 1 of the year in which registration is sought, the registration
fee shall be one-half of the annual fee; and
(3)
prior to October 1 of the year in which registration is sought, the
registration fee shall be one-fourth of the annual fee.
B. Upon a showing satisfactory to the division that a nonresident who is the owner
of a foreign vehicle is engaged in seasonal agricultural employment in the state, the
division may issue a permit valid for thirty days upon payment of a temporary permit fee
of one-tenth of the annual registration fee. This fee shall be in lieu of all other fees or
taxes on the vehicle.
C. Upon a showing satisfactory to the division that an unlicensed vehicle has been
purchased by a nonresident for transportation out of the state, the division may issue a
two-day drive-out permit for a fee of five dollars ($5.00).
D. The provisions of Subsection A of this section shall not apply to house trailers,
and the registration fees for house trailers shall be as provided in Sections 66-6-3 and
66-6-10 NMSA 1978 regardless of date of registration.
E. After the initial registration of a vehicle, if an owner of a vehicle renews the
registration of the vehicle by internet or telephone, the registration fees shall be reduced
by five percent. The secretary may establish by rule requirements for or limitations on
renewal of registration by internet or telephone.
F. No later than January 31 of each year, the secretary shall determine the amount
of the total reduction in registration fees that resulted from renewals by internet or
telephone in the previous calendar year. The secretary may request approval from the
department of finance and administration to transfer an amount no greater than that
total reduction in registration fees determined by the secretary, by March 1 of each year
to the motor vehicle suspense fund from the balances in the department's nonreverting
other state funds. The amount transferred is appropriated to the department for the
purpose of distributing an amount of no more than the reduction in registration fees, as
determined by the secretary, to the state road fund, municipalities and counties
pursuant to Section 66-6-23.1 NMSA 1978.