New Mexico Bonded Title / Certificate of Title Bonds
New Mexico Certificate of Title Surety Bond Information
A Title Surety Bond (also known as a Bonded Title, Certificate of Title Bond, Defective Title Bond, Lost Vehicle Title Bond or DMV Bond) allows a vehicle owner to claim ownership and register the vehicle with the state when a title has been lost, stolen or is missing. New Mexico Title Bonds are issued for a 3 year term and bond amounts must equal 2 times the appraised value of the vehicle. The value of your vehicle must be determined using the current NADA Antique Car Guide, NADA Used Car Guide or a certified appraiser’s valuation. You will need to request your bond in an amount equal to 2 times this valuation.
How Much Does a Certificate of Title Bond Cost in New Mexico?
Bonds up to $6,500
Bonds over $6,500 up to $25,000
1.5% of the Bond Amount
Bonds over $25,000