New Mexico Sales Tax on Trade-Ins New Mexico: Sales Tax Handbook

New Mexico:

Are Trade-Ins subject to sales tax?

While New Mexico's sales tax generally applies to most transactions, certain items have special treatment in many states when it comes to sales taxes. This page describes the taxability of trade-ins in New Mexico. To learn more, see a full list of taxable and tax-exempt items in New Mexico.


General Trade-Ins
EXEMPT
In the state of New Mexico, exclusion not allowed in any way on trade-in of a manufactured home.



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Source: http://www.salestaxhandbook.com/new-mexico/sales-tax-taxability/trade-ins