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New Mexico Increases Vehicle Registration and Weight-Distance Taxes for Road Funding

KVIA••Gabrielle Lopez
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Starting in July, New Mexico has raised vehicle registration fees by 25% and weight-distance taxes by 35% as part of an initiative to enhance road infrastructure. The new registration fees will range from $26 to $70 annually, impacting passenger vehicles, while off-highway vehicles and larger trucks are subject to the weight-distance tax. This change is expected to generate approximately $70 million for the State Road Fund, addressing the urgent need for road maintenance, which currently costs drivers over $1,000 annually in repairs and fuel. The last fee increase occurred in 2004, making this adjustment significant for residents.

Key Details: • Vehicle registration fees increased by 25%, now ranging from $26 to $70. • Weight-distance tax up by 35% for vehicles over 26,000 pounds. • Estimated $70 million will be allocated to the State Road Fund. • Drivers can save 5% on registration fees by renewing online. • This is the first fee increase since 2004.

new-mexico transportation vehicle-registration tax-increase road-funding

People & Organizations

New MexicoNew Mexico Department of TransportationMotor Vehicle Division New Mexico

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