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.
Auto Bill Of Sale Illinois With Notary Section
State:
Illinois
Control #:
IL-00431-C
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Illinois Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note?
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FAQ
Any vehicle bill of sale template or document you create should include the following information: The seller's name and contact information. The buyer's name and contact information. The vehicle make, model, year, color, VIN, and odometer reading. The date of the sale. The purchase price. Signatures of both parties.
How to Sell a Car in Illinois in 6 Steps Step 1: Get your car ready for selling. ... Step 2: Post the car for sale in various places. ... Step 3: Agree to a vehicle inspection if asked. ... Step 4: Get your vehicle documents in order. ... Step 5: Accept payment and hand over the signed title. ... Step 6: Mail the Notice of Sale form.
A bill of sale should include the name, address, and driver's license numbers of both the buyer and the seller, along with the signatures of both parties. This document should also include essential information about the vehicle, including the make, model, year, VIN, color, and current mileage at the time of sale.
Since Illinois does not legally require a bill of sale, the DMV does not provide one. If you are looking for a template or example document, there are plenty of useful forms available online via search. Once you have found a form, make sure to print off two copies: one for you and one for the buyer.
Do I need to have my vehicle bill of sale notarized in Illinois? No, having a vehicle bill of sale notarized in Illinois is not required. However, notarizing it can provide extra legal protection for both the buyer and the seller.