Caravan Tax
The Caravan Tax is a fee for transporting an unregistered vehicle into or through New Mexico for sale or for delivery to a purchaser. If the vehicle has current, valid registration and license plates, you do not need to pay the Caravan Tax.
The tax rate is:
All carriers transporting vehicles into or through the state of New Mexico must pay the Caravan Tax except:
- Those who tow their own vehicles for their own use in the state, provided the vehicles have current registration and license plates.
Pay the Caravan Tax by purchasing a permit at the point of entry to the State of New Mexico or from any law enforcement officer. After refunds, 74.65% of the net receipts are distributed to the State Road Fund.
The balance is distributed as follows: 17.75% to counties in proportion to total registration fees, a portion of which is then transferred to incorporated municipalities. An additional 7.6% goes to counties, based on the proportion of public road-miles maintained, for deposit in County Road Funds.
Contact Information
To contact the Department
Links
Statutory Reference: Look for
Section 66-3-302 NMSA 1978 in the New Mexico State Statutes.