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Dismantler license registration#
Dismantler license license#

finance companies, banks and other lending institutions making sales of repossessed vehicles or.persons making casual sales of their own vehicles (limited to four vehicles in a calendar year and all vehicles must be titled in the individual’s name).public officers while performing their duties as such officers.receivers, trustees, administrators, executors, guardians or other persons appointed by or acting under judgment, decree or order of any court.“Dealer” DefinedĪ dealer is any person who sells or solicits or advertises the sale of new or used motor vehicles, manufactured homes or trailers subject to registration in New Mexico (see Chapter 2 Section B and Section C).

Dismantler license license#

A person possessing three or more wrecked, dismantled or partially wrecked or dismantled vehicles who regularly sells or offers for sale used vehicle parts or vehicle scrap material within the period of one year shall be presumed to be conducting business as an auto recycler.Īpplication for license (§§ 66-4-1(B) and 66-4-1.1(C))Īpplication for a dealer, wholesaler, distributor, title service company or auto recycler license shall be made upon the form prescribed by the department and shall contain the name and address of the applicant and, when the applicant is a partnership, the name and address of each partner or, when the applicant is a corporation, the names of the principal officers of the corporation and the state in which incorporated and the place where the business is to be conducted and the nature of the business and such other information as may be required by the department.

Dismantling any vehicle (auto recycler) A person desiring to engage in the business of wrecking or dismantling vehicles for the purpose of reselling parts or scrap material shall apply to the department for an auto recycler license.An organization that is contracted as an MVD Partner, with access to Tapestry, is an agent of TRD-MVD and is not required to be licensed as a TSC. However (§66-1-4.17(E)), “title service company” does not include an agent of TRD-MVD.

Dismantler license registration#

A title service company (TSC)Any person who, for consideration, prepares or submits applications for the registration of or title to vehicles shall be presumed to be engaging in the business of a title service company.

Distributing of vehiclesAny person who distributes or sells new or used motor vehicles to dealers, and who is not a manufacturer, shall be presumed to be conducting the business of distributing vehicles.

Wholesaling of vehiclesAny person who sells or offers for sale vehicles of a type subject to registration to a vehicle dealer, or who is franchised by a manufacturer, distributor or vehicle dealer to sell or promote the sale of vehicles dealt in by such manufacturer, distributor or vehicle dealer, is presumed to be conducting the business of wholesaling.

However (§§ 66-1-4.4 and 66-1-4.3) “dealer” does not include a person making “casual sales” of not more than four per year of their own vehicles.

off-highway motor vehicles pursuant to the Off-Highway Motor Vehicle Act.

motorcycles over 55 cubic centimeters and.

recreational vehicles designed to be towed.

trailers, but not trailers sold as kits.

A dealer in motor vehicles of a type subject to registration, including:.

(§§ 66-4-1(A) and 66-4-1.1(A))Ī person, unless licensed to do so by the department (TRD-MVD), shall not carry on or conduct the active trade or business of:

Businesses that Must be Licensed by the Divisionĭealers, wholesalers and distributors of vehicles, title service companies and auto recyclers must be licensed. Dealer Titles with Wrong Title Section A. Vehicles in a Dealer’s Inventory – Dealer Plates Businesses that Must be Licensed by the Division