Chapter 12, Section B:
"Dealer" Defined

Revised December 7, 2011



Definition (66-1-4.4)

General definition:

"Dealer" generally means any person who sells or solicits or advertises the sale of new or used motor vehicles, manufactured homes or trailers subject to registration (see Chapter 2, Section B and Section C) in New Mexico.

Exceptions:

"Dealer" does not include:

  1. receivers, trustees, administrators, executors, guardians or other persons appointed by or acting under judgment, decree or order of any court;
     
  2. public officers while performing their duties as such officers;
     
  3. persons making casual sales of their own vehicles (limited to four vehicles in a calendar year; all vehicles must be titled in the individual's name);
     
  4. finance companies, banks and other lending institutions making sales of repossessed vehicles; or
     
  5. licensed brokers under the Manufactured Housing Act [60-14-1 NMSA 1978] who, for a fee, commission or other valuable consideration, engage in brokerage activities related to the sale, exchange or lease purchase of pre-owned manufactured homes on a site installed for a consumer.