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Drivers Buckle Up: Vehicle Registration and Weight-Distance Taxes Expected To Increase

Starting July 1, vehicle registration and weight-distance taxes will increase to support state transportation projects.

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Ruben Reyes
Author: Ruben Reyes
Less than 1 min.read
Starting July 1, vehicle registration will be raised by 25%/Photo from: Radmila Merkulova, Adobe Stock (Photo for illustration purposes only)

Rising prices continue to strain household budgets, and motorists will soon pay more for their vehicle registration.

Beginning Wednesday, July 1, passenger vehicle registration fees will increase by 25 percent to help fund more than $1 billion in transportation projects. Separate registration fees for electric and hybrid vehicles will take effect Jan. 1.

In addition to the registration increase, according to the New Mexico Department of Transportation, weight-distance taxes will rise by 35 percent effective July 1.

The registration fee increase applies to passenger vehicles and does not affect off-highway vehicles, trucks, recreational vehicles, motorcycles or buses. Current annual registration fees for passenger vehicles range from $21 to $56. With the increase, those fees will rise to approximately $26 to $70 per year.

Either of these vehicle registration charges has changed since 2004. As a result of this increase, an estimated $70 billion will go to the State Road Fund, allowing investment in road maintenance. More than half of New Mexico’s roads require maintenance, costing drivers more than $1,000 a year in repairs and wasted fuel.

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Ruben Reyes
Ruben Reyes
For more than 25 years, I have proudly served New Mexico students and families through the New Mexico Educational Assistance Foundation, helping them plan, prepare, and pay for college. My work has taken me across the state, where I’ve led hands-on FAFSA workshops, connected with diverse communities, and guided students toward their educational goals. Though my background began in technology, my passion has always been people. Working alongside the financial aid community has deepened my commitment to public service and my belief that education is the key to prosperity. As an active member of the Albuquerque Hispano Chamber of Commerce Education Committee for over 13 years, I continue to advocate for access to higher education and opportunity for all New Mexicans. I feel fortunate every day to do meaningful work that strengthens our communities and supports the next generation’s success.

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