Free Trailer Bill of Sale Forms
Are you selling a trailer? Make sure you prepare a trailer bill of sale form, a legal document that details the transaction. Some of the important transaction details are the price, specific trailer information, date of sale, and the parties involved in the transaction, including the seller and buyer’s names and addresses.
What Is a Trailer Bill of Sale?
A trailer bill of sale is a legal document that serves as a contract between the seller and the buyer regarding the sale of a trailer. It is more formal than a receipt and contains important transaction details.
Among the essential information are the names of the buyer and seller, as well as their current addresses. It also contains the sale price and the details of the trailer, such as the make, model, color, and mileage, among others.
The document has to be signed by both parties.
How To Sell a Trailer
If you are selling a used trailer, the first thing you should do is clean it up to make sure it’s attractive to potential buyers. Once your trailer looks its best, take photos of the interior and exterior. You can use these images to advertise your item.
The next step is to decide on the price of the trailer. Research the prices of trailers since rates vary based on size, manufacturing date, and condition. Setting the right price is important if you want to dispose of your trailer immediately without underpricing your item. When that’s done, you can advertise the sale of your trailer.
There are many ways to advertise and several sites where you can post notices. Social media and online marketplaces are a few options. Once you’re done spreading the word, you can wait for interested buyers to contact you for more details and a physical inspection of your trailer.
When you receive a serious offer and agree on a sale price with a buyer, you can start drawing up your trailer bill of sale.
Where Is the VIN?
Every vehicle has a vehicle identification number. Similar to a person’s thumbprint, the code is a unique and important detail that needs to be included in the trailer bill of sale.
The VIN can be found in any of the following areas:
- Dashboard
- Front car frame
- Rear tire well
- Spare tire
- Driver-side door
You may also check the trailer’s title, vehicle registration, vehicle manual, or insurance documents.
How To Write a Trailer Bill of Sale
When you sell a trailer, you need a bill of sale that has all the information about the transaction. Here’s how you can produce your own bill of sale:
1. Download the trailer bill of sale form
The easiest way to start a trailer bill of sale form is to download a standard template online. A standard document will already have the usual information. All you need to do is customize it and fill it in with your information so it becomes relevant to your particular transaction.
2. Determine the date of sale
The first blank space in the document is the date of the transaction. The date will signify the completion of the transaction and the official day that the ownership of your trailer was transferred.
3. Write down the names of the parties
Under the section that states “Party” are spaces for the names of the seller and buyer. Fill out the spaces with the appropriate names and the corresponding mailing addresses. The seller’s address and that of the buyer must be current, so they should be able to receive communications and written notices through them.
4. Insert trailer price
The document also has a space where you can write the sale price of the trailer. The form has boxes that state whether the payment was made in cash or through check. Tick the appropriate box.
5. Input the trailer’s description
Another important part of the bill of sale is the description of the subject. The description includes:
- Make
- Model
- Year
- VIN
- Color
- Other description
The buyer and seller must agree on the details that are included in the description section.
6. Sign
Both parties must affix their signatures in the space provided, their full names in print, and the date of signing.