Free Car Bill of Sale Forms
How do you sell a previously used car while protecting and recording the transaction? If you’re trying to sell a used car, you’ll need to use a car bill of sale form.
Essentially, this is a legal document that contains all the relevant details of the sale. It is also a contract that shows the agreement between the buyer and seller regarding the transfer of ownership.
What Is a Car Bill of Sale?
A car or motor vehicle bill of sale is a legal document that serves as a contract between a seller and buyer regarding the sale of a vehicle. It can also be used to transfer the ownership of different vehicles that aren’t cars, such as trucks and motorcycles.
In some cases, it can even document the sale of a trailer, although some states require a separate trailer bill of sale.
While a car bill of sale is not strictly required in car purchases, it is an important receipt that can protect both parties from possible legal impediments. After both parties have signed the bill of sale, the buyer must keep an original copy so that they can register their vehicle at the local Department of Motor Vehicles (DMV).
How To Write a Car Bill of Sale
Writing a car bill of sale doesn’t have to be complicated, so here are the main steps to remember when drafting this document.
1. Download a car bill of sale form
For utmost convenience, download a car bill of sale form. A template will contain the usual provisions with blank spaces that the buyer and seller can fill out. Make sure to download the bill of sale form for your state.
2. Fill out the important details in the car bill of sale form
The downloaded form will have spaces for specific information. The first article is labeled parties. This is where you identify the seller and buyer with their names and current mailing addresses.
Other essential information include:
- Date of transaction
- Selling price
- Warranty information (especially if the car is sold “as-is”)
3. Provide a description of the vehicle
The description will include the make, model, and year the vehicle was manufactured. In addition, you must mention the vehicle identification number, mileage, and license plate number.
4. Sign the document
The seller and buyer must read and agree on the completed form. Their signatures at the bottom indicate their concurrence with the terms and conditions.
5. Keep a copy of the form
The seller and buyer must keep a record of the car bill of sale.
1. Gather relevant documents together
Prepare the necessary documents: car title, vehicle history report, and bill of sale. If the car has not been fully paid, check with your lender on how to go about the sale.
2. Clean the car
If you want to fetch a good asking price, you must clean the car inside and out. Try to fix dents and other physical defects. Take photos of the car so you can advertise it.
3. Determine the appropriate asking price
Research the model of your car and learn how much it usually goes for. Consider also its age and condition.
4. Advertise
Advertise and wait for interested buyers to contact you. Some of the more popular sites to sell your vehicles are Autotrader, Craigslist, and eBay Motors.
5. Make a deal
Once you have a serious buyer, you can finalize the deal and create a car bill of sale to make the transaction official.