C.R.S. § 42-6-130

The liens or mortgages filed for record or noted on a certificate of title to a motor or off-highway vehicle, as provided in section 42-6-121 , take priority in the same order that they were filed with the authorized agent; except that the priority of a purchase-money security interest, as defined in section 4-9-103 , C.R.S., is determined in accordance with sections 4-9-317 (e) and 4-9-324 (a), C.R.S.