How much is sales tax travel trailer in New Mexico?

In New Mexico, the sales tax on travel trailers varies by location due to local gross receipts taxes. The statewide gross receipts tax rate is 5.125%, but local municipalities can add their own taxes, making the total rate anywhere from approximately 5.125% to over 8% depending on the area. It's essential to check with the specific locality where the purchase is made for the exact rate. Additionally, some exemptions may apply for certain types of trailers or transactions.