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.
Illinois Bill Of Sale For Motorcycle
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
The Electronic Registration and Title (ERT) System allows you to complete and print an Application for Vehicle Transaction(s) (VSD 190) online. Alternatively, you may obtain Title and Registration applications by visiting the nearest Secretary of State facility or call toll-free within Illinois: 1-(800) 252-8980.
Submit the following documents when you apply for a title without the standard ownership documents: You can submit a bill of sale, receipt or canceled a check. ... Submit a written appraisal of the vehicle's current wholesale value for a licensed vehicle dealer. ... Pay the application fee.
No, you are not required to use a motorcycle bill of sale form in Illinois. However, you should still create a motorcycle bill of sale form as proof of purchase and to protect both parties in case an issue comes up regarding ownership.
Complete and mail the Notice of Sale form (attached to the bottom of the title) to the Secretary of State's office. If the title does not contain a Notice of Sale form, it may be down- loaded at ilsos.gov. Request the buyer's name and address in case there are title or registration problems after the sale.
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.