Create a Bill of Sale for a Motor Vehicle

Create a Bill of Sale for a Motor Vehicle

Create a Bill of Sale for a Motor Vehicle : Multi-thousand tips to make your life easier.

One of the documents you will need when selling your motor vehicle is the bill of sale. This document proves that the buyer has acquired the vehicle from you, and on what date and at what price. It helps protect both buyer and seller from problems that may arise when transferring the title to the new owner, or for any other legal need the new owner may have.

The bill of sale usually includes details such as the make, model, and year of the car. It will also include details that identify the vehicle, such as its vehicle identification number (VIN), engine serial number, color, accessories, and the like.

The bill of sale can be in different formats and wordings, as long as it is clear that both seller and buyer have agreed on a certain price, and as long as the vehicle being sold is properly identified in the document.

Heading

The first thing that should appear on a motor vehicle bill of sale is the heading. It should be centered, in bold, and usually in all capital letters. The text can say “Bill of Sale” or “Deed of Sale,” whichever is appropriate in your locality or region.

BILL OF SALE

The contract agreement

Next, include a line indicating that the seller is transferring all rights to the buyer.

I/We do solemnly swear that on (DATE), I/we, (SELLER’s NAME), of legal age, and residing at (SELLER’s ADDRESS), sold, transferred, and conveyed all rights, title, and interest for the motor vehicle described below to (BUYER’s NAME), of legal age, and with postal address at (BUYER’s ADDRESS), for the sum of (PRICE). I/We further swear that I/we am/are the owner(s) of the said motor vehicle, and have full rights and power to assign the same. I/We further certify that the said vehicle is free from any liens, charges, demands, or encumbrances that prevent me/us from selling the same.

Then, create a table or chart that includes the following information:

• Model
• Year
• Vehicle identification number (VIN)
• Odometer count
• Body type
• Color
• Any additional information

Then include the date when the contract was agreed upon, and both parties’ signatures.

Dated this (DATE) day of (MONTH), (YEAR).

We declare under penalty of perjury that all information herein has been examined by me/us and, to the best of our knowledge and belief, is true and correct.

In the bill of sale, the seller and buyer can also stipulate other conditions or circumstances. This is usually important so that the buyer does not demand anything else after the vehicle has been sold. For instance, you can include wording that says:

(THE BUYER) has inspected the motor vehicle and has agreed that it is sold in “as is” condition, and that there is no other warranty or guarantee, express or implied.

The bill of sale, being a contract, is also usually notarized, as it will become public record. This serves as proof that the seller has transferred ownership to the buyer, and that the buyer will no longer seek anything that is not included in the sale. This usually applies to pre-owned vehicles, though, as dealers of brand-new vehicles are mandated by law to provide warranty and service for the vehicles they sell.