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 Orange
State:
California
County:
Orange
Control #:
CA-00431-C
Format:
Word;
Rich Text
Instant download
Description
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FAQ
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.
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.
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.
Can I create my own California vehicle bill of sale? Yes, you can create your own bill of sale using a template or an online form. However, it's essential you include all required information and that both parties sign the document.
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.