Hybrid Electric Vehicle (HEV) Tax Exemption

Expired: 06/30/2009

HEVs with a U.S. Environmental Protection Agency estimated combined fuel economy rating of at least 27.5 miles per gallon are eligible for a one-time exemption from the motor vehicle excise tax at the time the when original certificate of title for the vehicle is issued. The tax exemption is available through June 30, 2009. (Reference New Mexico Statutes 7-14-6)

Jurisdiction: New Mexico

Type: State Hybrid Incentives

Technologies: HEVs, PHEVs

See all New Mexico Laws and Incentives.