This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
California Automobile Bill Of Sale With Lien In Contra Costa
State:
California
County:
Contra Costa
Control #:
CA-00431-C
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Selling your car while it is under a lien is possible. There are several ways to do this, including going to a dealership or going through a private buyer. Do your research to determine which will give you the best deal for your car.
The Bottom Line. Liens won't automatically hurt your credit. Consensual liens are harmless, so long as they're repaid. Others, such as mechanic's or judgement liens, can negatively impact your financial situation.
How Do I Get a Bill of Sale? Pick one up at your local DMV office by requesting a printed copy of the form. Visit the California DMV's website and download a bill of sale. You can then print it out and complete it with the buyer of the vehicle, this will be counted as a valid California vehicle bill of sale.
What Documents Will I Need To register the vehicle? Vehicles valued at $4,000 or less: You will need a REG 168A. A bill of sale from the lien holder to the new buyer. Vehicles valued at $4,001 or more: You will need a REG 168. A bill of sale from the lien holder to the new buyer.
This is a civil matter. There is no debtor's prison in the US. Any sale of the car remains subject to the liens and the remedy for the buyer is to sue you. You will not be arrested for a civil claim.
If applicable. If you do not have the title. That's okay simply complete a regge 227.MoreIf applicable. If you do not have the title. That's okay simply complete a regge 227.
If you're the seller New owner's name and address. Seller's name and address. Seller's signature. Date of transfer or sale. Odometer reading. Vehicle license, make, model, and vehicle ID or vessel hull number.
How to sell your car in California Collect your documentation. Clean your vehicle. Get an inspection. Fill out official transfer forms. Disclose odometer reading. Get a smog check. Forms needed for special circumstances. Take pictures.