Stay Safe With a DMV Bill Of Sale Form.
You will likely need a DMV Bill Of Sale Form whenever you buy a vehicle from, or sell to another person. This form serves as a record of necessary information, including the date of sale, price, vehicle information, and names/addresses for both the seller and the buyer. However the bill of sale form is NOT an official document proving ownership. But rather a record of the transaction between parties.
What Is a Bill Of Sale Form?
A DMV bill of sale form is a document recording a transaction between two parties. For the seller, a bill of sale shows the date the vehicle was sold and information about the buyer. However, for the buyer it gives specific information about the vehicle that can be checked against a VIN Lookup.
A motor vehicle bill of sale does not prove ownership — only a title transfer does that.
Most DMV bill of sale forms include:
- Vehicle type (e.g, motor vehicle, boat, or other motorcycle, including mopeds and scooters).
- Specific vehicle information:
- Odometer reading.
- Vehicle identification number (VIN).
- Buyer’s and seller’s:
- Name and address.
- Purchase price and date.
Do You Need a DMV Bill of Sale?
Regardless of your state’s legal requirement, the bill of sale is an important record of the transaction and benefits both the buyer and seller.
If You Are the Buyer
Sellers are usually responsible for providing the bill of sale; however, buyers are advised to bring one to the table, too―just in case.
A motor vehicle bill of sale not only serves as a record of the sale, but the details provided within (such as purchase price, VIN, and odometer reading) may make for a more seamless registration process for your newly purchased vehicle.
If You Are the Seller
Some states require the seller have a signed, dated, and sometimes even notarized bill of sale as part of the title transfer paperwork; however, other states don’t.
Whether the law requires it or not, a completed bill of sale is an essential addition to your records―especially if you’re the seller. Your bill of sale proves you sold and are therefore no longer responsible for the vehicle, should the new owner incur a traffic violation or get into an accident.
Whether you are the seller or the buyer of the vehicle, you should never walk away from the transaction without a copy of the bill of sale.
Completing The Sale With a Title Transfer
A vehicle bill of sale does not prove ownership or complete the sale. But to ensure you have proof of ownership and to protect yourself from any future liability.
Motor vehicle bill of sale forms is delivered in PDF format and is view able on any computer. As a result, all you need is “Adobe Reader” or “Acrobat eBook Reader” which is available free and already on most computers. If you do not have it installed on your computer, Please Click here to get the software. They are both Free.
DMV Bill of Sale Forms
A DMV bill of sale is an important part of any vehicle sale; however, it is not the only thing you’ll need to consider.
- No sale is final until you complete a title transfer. Without this step finalized, the seller may be liable for fines and violationsassociated with the car.
- As a buyer, BE SMART. Don’t get saddled with a lemon. Order a vehicle history report to know for certain you’re buying a gem.
Depending on the state you live in, your state’s motor vehicle department may require you to obtain a motor vehicle bill of sale (see list below) OR it may be optional. Regardless of it being required or not, a bill of sale can be an important part of any vehicle transaction for both the buyer and the seller.
States Requiring Approved Bill of Sale
Many states require a state-specific DMV bill of sale form. In this case, you must fill out the bill of sale form offered by the motor vehicle agency in your state. The list below lists states that require and provide a specific type of bill of sale form when you buy or sell a vehicle: