This form is a Consignment Agreement. The consignor agrees to deliver to the consignee certain property for the purpose of conducting a sale of the property. The form must be signed in the presence of a notary public.
Consignment Form For Cars In Virginia
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Operation without license plate prohibited.
In the event the vehicle is found not to be in compliance with all safety inspection requirements, the dealer shall either take steps to bring it into compliance or shall furnish any buyer intending it for use on the public highway a written disclosure, prior to sale, that the vehicle did not pass a safety inspection.
Virginia-titled Vehicles Print and sign your name as seller(s) - all owners listed on the title must sign. Provide the name and address of the buyer/recipient on the top line of Section A. Fill out the odometer reading using the odometer reading from the vehicle (do not guess or estimate) Enter the date of sale.
Buyer's order. A. Every motor vehicle dealer shall complete, in duplicate, a buyer's order for each sale or exchange of a motor vehicle.
Consignment vehicles; contract. Any motor vehicle dealer offering a vehicle for sale on consignment shall have in his possession a consignment contract for the vehicle, executed and signed by the dealer and the consignor.
For purposes of this section, a motor vehicle dealer licensed by the Board may be authorized to act as an agent of the Department for the purpose of receiving, processing, and approving applications from its customers for assignment of license plates and registration numbers pursuant to this section, using the forms ...
To transfer a vehicle title in Virginia, you typically need the original vehicle title, a vehicle bill of sale, identification, the Application for Title and Registration (Form VSA 17A), any lien release if applicable, and an odometer disclosure statement for vehicles under 10 years old.
Is it Better to Sell or Gift a Car to a Family Member in Virginia? If you sell the vehicle to a family member, they will be responsible for the sales and use tax. But if you gift it and can prove it was a gift, there is usually an exemption for the tax.
Draft a Bill of Sale A bill of sale can help protect both parties if there's an issue verifying the agreement in the future. The person gifting the car and the recipient must both sign this document, and it should include the vehicle's make, model, and VIN.