Analysis

Synopsis:

 House Bill 60 (HB 60) amends Motor Vehicles to limit the locations where a motor vehicle may be sold and prohibiting the sale of a motor vehicle by a non-owner who is not a motor vehicle dealer.

Analysis:

 House Bill 60 (HB 60) amends Motor Vehicles to limit the locations where a motor vehicle may be sold and prohibiting the sale of a motor vehicle by a non-owner who is not a motor vehicle dealer.

SECTION 1.  Amends Motor Vehicles Section 66-3-126 NMSA 1978 (being Laws 1987, Chapter 250, Section 2) to delete Place of Sale — Advertising from the title. The new title reads as follows:
66-3-126. CASUAL SALES--[PLACE OF SALE—REGISTRATION--PENALTY.--

Subsection A is deleted, and Section 1 is relettered. Subsection A and B are inserted as follows:
A. Unless a person is a motor vehicle dealer, a person shall not sell more than four motor vehicles registered to the person or to another person in a calendar year. 
B. Unless a person is a motor vehicle dealer, before the person attempts to sell a used motor vehicle, the person shall possess the title to the used motor vehicle and the motor vehicle shall be registered in the person's name.

SECTION 2. Amends Motor Vehicles Section 66-4-2.2 NMSA 1978 (being Laws 2007, Chapter 319, Section 41)  OFF-SITE SALES.
Subsection A is inserted and the Section is relettered. The inserted text reads as follows:

A. Except as otherwise provided in this section, a New Mexico licensed dealer shall not sell a vehicle or offer or display a motor vehicle for sale at a location other than the licensed dealer's established place of business, as defined in Section 66-1-4.5 NMSA 1978; provided that for purposes of this subsection, a vehicle shall not be deemed offered or displayed for sale at a location other than the licensed dealer's established place of business if the vehicle is in use for a purpose other than to sell or offer or display the vehicle for sale and the vehicle is at the off-site location for fewer than 12 hours.

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