N.M. Stat. Ann. § 30-16-39
A person who rents or leases a vehicle or other personal property and obtains or retains possession of it by means of any false or fraudulent representation, fraudulent concealment, false pretense, trick, artifice or device, including a false representation as to the person's name, residence, employment or operator's license, is guilty of a:
History: 1953 Comp., § 40A-16-39, enacted by Laws 1972, ch. 23, § 1; 1979, ch. 251, § 1; 2006, ch. 29, § 14.
The 2006 amendment, effective July 1, 2006, provided in Subsection A that if the value of the vehicle is $250 or less, the crime is a petty misdemeanor; provided in Subsection B that if the value of the vehicles is more than $250 but less than $500, the crime is a misdemeanor; provided in Subsection C that if the value of the vehicle is more than $500 but less than $2,500, the crime is a fourth degree felony; provided in Subsection D that if the value of the vehicle is more than $2,500 but less than $20,000, the crime is a third degree felony; and provided in Subsection E that if the value of the vehicle is more than $20,000, the crime is a second degree felony.
Am. Jur. 2d, A.L.R. and C.J.S. references. — State regulation of motor vehicle rental ("you-drive") business, 60 A.L.R.4th 784.