Blank Auto Bill Of Sale Form
Blank Auto Bill Of Sale Form – A vehicle purchase invoice is a form that records a transaction in which a payment is made in exchange for the ownership of a car or truck. The bill of sale comes with a title, which is signed by the seller at the time of sale. The model can be used for any type of vehicle, including passenger cars, trucks, SUVs, sports cars, and commercial vehicles.
When selling a vehicle, the seller must enter the following information about himself Myself, the vehicle, and the person making the purchase:
Blank Auto Bill Of Sale Form
The following table provides links for each state’s online vehicle registration renewal and associated fees.
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The seller gives the vehicle as a gift to the buyer. The value of the vehicle is: $[VEHICLE VALUE]
Federal law requires you to enter mileage after the transfer of ownership. Failure to complete this or providing false statements can result in fines and/or imprisonment.
I/We, [Name of Seller], declare that the odometer reading shown above is true and correct to the best of my knowledge and that it reflects the actual mileage of the vehicle described above unless any of the following checks are made:
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☐ – I certify that the odometer reading reflects to the best of my ability the total distance traveled beyond the mechanical limit.
In witness whereof, on [signed date], the buyer and the seller acknowledge that the vehicle is sold without any comments (“as”) and after the sale, the seller will not be responsible and waive the details in this invoice. sell.
[NOTE ONLY: BUYER’S NAME], [NOTE ONLY: SELLER’S NAME], prove to me by government issued photo identification that I am the person named above, before me to execute the above instrument and acknowledge that he/she/they. Did the same as his free act.
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To identify the exact vehicle being sold, the following information must be entered on the form:
After entering all the specific information about the vehicle, the contact information is as follows must be provided to both the buyer and the seller:
Select the type of transaction the party is involved in by checking one (1) of the three boxes as shown in the image below.
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Select the type of payment that the buyer will use to pay for the vehicle by selecting the corresponding check box. If the tax is included in the purchase price, check “Yes”, if not, check “No”. The seller can enter any additional terms and conditions in the box provided.
The form includes a disclosure statement, which is the part the federal government enforces to confirm that the number of miles listed on the first page (1) is correct. In the field provided, write the name (or names) of the seller (s), and tick in both (2) boxes if the statement applies. If text is not used, both boxes should be left unchecked.
Enter the date (mm/dd/yyyy) that the parties will sign the bill of sale. The form must be signed by both the seller and the buyer; However, the form includes additional buyer and seller signature fields, if applicable. All signatories must print their name to the right of their signature. The field for two (2) witnesses is optional. If the form is notarized, do not sign until instructed to do so by the Notary Public.
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If the buyer intends to register the vehicle, it is likely that they will need to put a signature on the document. The parties cannot sign until they are instructed to do so by the Notary. It is important to know that notarization can be optional depending on the state where the parties live. If not required, the notarization field can be left blank.
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The transaction is complete and the exchange has taken place. If the transaction involves a vehicle, the buyer must keep a copy of the original for registration purposes.
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DMV Offices (by state) – Sellers are required to sign a bill of sale to register the vehicle.
A bill of sale is a legal document that transfers ownership of property, usually a vehicle, to another person in exchange for cash or trade. In most states, a signed bill of sale is required to register a vehicle.
BUYER’S NAME: [NAME] WITH THE POSTAL ADDRESS OF [ADDRESS] (“BUYER”) AND AGREE TO PURCHASE THE PROPERTY FROM THE SELLER KNOWN AS:
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NAME OF THE SELLER: [NAME] whose mailing address is [ADDRESS] (“SELLER”) AND AGREE TO SELL THE PROPERTY UNDER THE FOLLOWING CONDITIONS:
☐ – Cash payment. SELLER ACCEPTS CASH PAYMENT IN THE AMOUNT OF $[PURCHASE PRICE] PAYABLE DATE: (check one)
All municipal, county, and state taxes associated with the purchase of the property, including sales tax, are ☐ included ☐ not included in the exchange.
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The undersigned seller confirms that the above information about the property is correct to the best of their knowledge. The undersigned purchaser acknowledges receipt of this bill of sale and understands that the property described above is being sold “as is, where is” without warranty of any kind, either express or implied.
Once you have decided that you want to buy or sell a particular vehicle, you will need to determine the terms of the contract. If the vehicle is sold for cash, the full amount is due at the time of sale. Financing must be done in advance with a local bank or credit union. If the vehicle is sold for cash and trade, both the vehicle and the terms of the transaction (which is common for vehicles purchased from a dealer) must be specified.
The buyer should obtain the Vehicle Identification Number (VIN) of the vehicle. This number is unique to each car, consisting of 17 characters. It is usually located on the driver’s side windshield or inside where the door meets the car. If you can’t find the VIN number, you can always find it on the title or registration number. By getting this number, you can see all the repairs that have been done during its existence including car accidents, water damage, and ownership history.
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Private Inspection – Remember that only damage that is reported to the insurance company is mentioned in the VIN search. Therefore, it is recommended that a third party engineer inspect the vehicle to ensure that it is in proper working order.
To complete the sale, the seller must provide the name and registration of the vehicle. If the vehicle title is missing, you can request a new license plate from the DMV office, which can take about 10 to 14 business days.
Bill of Sale – The legal contract between the buyer and seller detailing the transaction between the parties. The form should be signed by the seller only after the money has been transferred in person or by bank transfer.
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Odometer Disclosure Statement – According to federal law, buyers must check the odometer of all vehicles less than 10 years old and less than 16,000 pounds. The seller must acknowledge on the form, to the best of their knowledge, that the reading is correct and the mileage is not mistaken.
Photo ID – Due to the number of scams on Craigslist and newspapers, it is recommended to have a copy of the seller’s photo ID (such as a driver’s license). This is to ensure 100% that the person authorized to sell the property can legally sell the property. Buyers should ensure that the title and identity match appropriately.
Signing of Documents – Once all the necessary documents have been drawn up, the sale may be completed. The parties should meet at each other’s place with the buyer taking the money and the seller taking the vehicle. At this point, both parties should sign the deed of sale, and the title should be signed.
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Sales Tax – Find out the sales tax laws in your state, which will determine whether the buyer or seller is responsible for paying sales tax at the time of sale.
After the invoice is completed, the new owner will take possession and must register the vehicle within a certain period. To properly register a vehicle, the following documents and fees must be brought to the DMV office location:
Important: A bill of sale does not transfer ownership of the title. It only shows evidence that the transaction has taken place. The seller must sign the title to transfer ownership.
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As simple and straightforward as invoices can be, it is important to familiarize yourself with the language found in your documents.
“As” – The word “as” is a statement on the bill of sale that states that the item is being purchased.
Notary Public – An impartial third party public official who can certify
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