How to make a Vehicle Bill of Sale?
This is a standard vehicle bill of sale template in Word, that you can easily use as a document to legalize a vehicle transaction between a seller and a buyer.
For the buyer, the bill of sale documents the purchase price of the vehicle for sales tax purposes.
For the seller, a bill of sale provides proof that title to the vehicle has been transferred legally.
This bill of sale template contains the following elements:
- name, address, and signature of both the seller and the buyer;
- complete vehicle description, including the Vehicle Identification Number (VIN);
- purchase price of the vehicle;
- additional agreed term and condition; if any;
The above information is needed to prevent any disputes that may arise in the future after the change of ownership.
In some of the states in the US, a notary needs when you do to formalize the transaction. You should verify and be aware of the US state's policies when you plan to sell your car.
Download this Vehicle Bill of Sale Word template and after downloading you can craft and customize every detail of this Word template's appearance very quickly.