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New Mexico · Article Updated May 26, 2026

Leased Vehicles Under the New Mexico Lemon Law

How New Mexico's Motor Vehicle Quality Assurance Act covers leased vehicles — eligibility, the refund mechanics for a lease, and the role of the lessor.

Leased vehicles are covered under the Motor Vehicle Quality Assurance Act when leased for personal, family, or household use. A lessee has the same path to a refund or replacement as a buyer.

How leases qualify

Refund mechanics for a lease

A lease “refund” under § 57-16A-3 generally returns:

  • Lease payments made to date.
  • Capitalized-cost reduction / down payment.
  • Collateral charges — taxes and fees paid.
  • Minus a reasonable allowance for use (pre-first-report only).

The manufacturer also satisfies the remaining lease obligation to the lessor so you walk away clean.

The lessor’s role

The leasing company (lessor) holds title, but the manufacturer’s warranty obligation runs to the lessee. You typically don’t need the lessor to drive the claim — but keep the lessor informed, since the lease must be unwound as part of the resolution.

Early termination and the tight window

Because New Mexico’s Rights Period is short and the SOL is 18 months, lessees should act quickly — a defect that recurs over the first year of a 36-month lease must still satisfy the presumption within the one-year window and be filed within 18 months.

UPA and Magnuson-Moss for lessees

Lessees have the same UPA and Magnuson-Moss overlays, including mandatory fees and (UPA) treble on willful conduct.

Bottom line

New Mexico’s lemon law covers personal-use leases, returning lease payments, down payment, and collateral charges minus limited use — and unwinding the lease with the lessor. Move quickly against the one-year Rights Period and 18-month SOL. Get a free case review.

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