Buying or selling a vehicle? Make sure you have a copy of a bill of sale signed by both parties at the time of the sale. This will help prevent any problems that may arise later on. The bill of sale combined with a registration certificate may be enough to prove ownership, if a valid title isn’t available. Local requirements will vary, so be sure to check with your local department of motor vehicles.Ī bill of sale document lines out the details of a transaction between a buyer and seller of the vehicle. The seller’s bill of sale form will show the date the vehicle was sold and the buying party’s information. The buyer’s form will show specific information about the vehicle.A description of the vehicle, including vehicle identification number (VIN).The county and state in which the sale occurred.Having a bill of sale helps sellers with reporting taxes and provides “as-is” protection if no warranty is agreed upon.įor buyers, a bill of sale can help determine the Vehicle Registration Fee in some states. While a bill of sale provides a legal proof of the sale agreement, it generally does not prove ownership of the vehicle.
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