A vehicle bill of sales is an important legal document, which shows a change in the possession of a vehicle transferred from the seller to the buyer. There are many vehicle bills of sales templates available for you so that you can come up with the best sales bill possible. Check them out now!
It is very important that you fill in all the necessary details of both the buyer and the seller of the vehicle. These details include- the legal names of both, address and contact details. Both the parties have to sign on the bill to make it legal for the sale to take place.
This step includes details of the vehicle and basic information about it. The official title of the vehicle, up-to-date registration certificate of the vehicle, its identification number, make, model and year of purchase and the bill of sale should be the most important documents to be present while you are making a sale or buying the vehicle.
Mention the price agreed upon mutually by both the parties. Also, mention the method of payment(cash, debit/credit card, cheque, etc), any warranties, returns or purchased items for the vehicle specifically, value of the vehicle when bought and what price are you selling it for, etc. all come under the information on how you are going to make the sale.
Firstly, you should introduce yourself as the seller, describe your item to the tiniest details possible, so that your buyer knows your item in and out totally. Include any specifications that the buyer needs to know before he/she buys your vehicle. If you do not mention so, then he/she might have a lawsuit against you for hiding information about a sale. And finally, include the declaration, like any other legal document needs. Leave a place for signatures of both the parties in your sale bill. Include any statements if needed by the law and the seal of the notary.
It is very important to read and re-read the bill of sale form before you sell your vehicle to the buyer. Give it to the buyer as well for review and see if you need to change any details before both of you sign it. After proofreading it thoroughly, the buyer and the seller should sign the bill of sale and fill in the rest of the information needed.
Making legal documents from scratch to sell your vehicles can be tough. With the help of this sample vehicle bill of sale template, you can make it effortlessly. Details like the seller information (like phone number, name, address), the vehicle information (year, make, model, color, vehicle identification number), the buyer information (phone number, address, name, etc.), the selling price and signatures of both the parties have to be present in the form.
The above template is a motor vehicle bill of sale. In this bill, there are details like the name of the buyer and the seller, the amount of sale, address of both the buyer and seller, details about the vehicle, method of payment, etc. This bill of sale is given when a person is selling his/her vehicle and transferring the ownership to the buyer.
The bill of sale is nothing but a kind of an invoice that shows what was sold, by whom and who bought it for what price. The information of the buyer (name, address and contact details), the seller’s information (name, address, contact details), brief vehicle description, selling price and signatures of both the buyer and seller are important details to be filled in the bill as this shows who owns the vehicle after the sale.
A sample bill of sale form like the one above will give you an idea about how the bill of sale for vehicles would be. It is a declaration that you are selling your vehicle to the buyer. It is very important to have the details of the buyer in the form without fail, as it shows the proof of who you have sold the vehicle to.
In a vehicle bill of sale, a declaration form of the seller saying he/she has transferred all the rights on the vehicle to the buyer is supposed to be signed by both the parties. The details of both of them, vehicle description and the purchase dates should be mentioned without fail.
If you want to sell your automobile, use the above automobile bill of sale template. The buyer might ask you questions about the vehicle and you must know about it in details. You should also give him/her valid reasons as to why you want to sell your vehicle. You should also sign a bill that says that there are no internal damages to the vehicle.
Certification is a very important part of the vehicle selling process. This shows that you take full responsibility if anything happens to the vehicle before your buyer actually buys it from you. It shows that you agree that there are no internal or external damages to the vehicle whatsoever and that if there are, you will bear the costs to get it repaired.
In vehicle bill of sales, there are two copies of the bill- one for the buyer and one for the seller. Both consist of the same details. These details are- the buyer’s information, the seller’s details, description of vehicle (make, year of purchasing, cylinders, specs, etc.) whether it is bought or is a gift and finally, a declaration saying that you are selling it to the buyer on what grounds and the signature of the both of yours.
In a formal vehicle bill of sale, description of the vehicle, terms and conditions, seller details, buyer details, signatures of both and date of purchase should be mentioned. As this is a legal bill of sale, make sure you do not make any mistakes in filling the form because it might affect you selling your vehicle.
This simple auto bill of sale can be used to gather necessary information when you sell your vehicle. But just by filling a form, you cannot sell your vehicle. The buyer should submit a complete report of sales and a report liability that says that you are no longer own the vehicle. The seller should take the form to any vehicle licensing and pay all the fees and taxes, so he/she can finally transfer the vehicle on their name.
A printable motor vehicle bill of sale is one which can be printed and edited by the buyer and seller. They would have to fill it in writing, as this is one of the biggest proof to show the sale without any fraud. All the details should be filled in correctly and then signed by both the parties.