Can I write my own Bill of Sale for a motor vehicle?

This is a legal requirement in some states and countries and failure to include this may result in fines and/or imprisonment. It is also important to include an odometer disclosure statement. The vehicle identification number (VIN).A bill of sale should at the very least include: The bill of sale documents everything that a buyer and seller would need to know during the transaction. What’s included in a motor vehicle Bill of Sale? For example, if a customer purchases a car from you and it breaks down after he or she drives away, you will not be liable for any repairs or damages. Indicating on the bill of sale that you have sold your personal property ‘as is’ protects you as a seller in the event that the buyer has any problems with the item after purchase. The bill of sale expressly states that the goods are ‘sold as seen,’ so there can be no future dispute about the condition of the goods. A bill of sale can be used by anyone selling or buying a vehicle that does not come with a warranty or guarantee. This will help to avoid any future disputes regarding the sale. You will need this document if you are purchasing a vehicle from a private individual and want to keep a record of the transaction for your own legal protection. Do I need a Bill of Sale to sell my vehicle? While the purchase and sale of used vehicles is arguably the most common use of a Bills of Sale, they can be used for any items of value such as equipment or appliances. Ten Best Free Business Letterhead TemplatesĪ motor vehicle Bill of Sale is a document that transfers ownership of a given vehicle from a seller to a buyer.

Simple auto bill of sale template