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The bill of sale should provide identifying information about the buyer and the seller, a description of the vehicle, and a listing of the terms of the exchange. The form is not required when selling a motor vehicle, although it can be helpful for an individual's records or in subsequent permit applications.
The Wisconsin Certificate of Title is an important document that indicates ownership of the vehicle. When you sell the vehicle, fill out all of the information requested on the title (e.g., odometer statement, brand disclosure, etc.) and sign the title as the seller, and have the buyer sign as well.
In Wisconsin, the law doesn't require you to use a bill of sale when transferring ownership of personal property. However, the document may provide legal protection for all parties involved. For example, the buyer will be able to prove that the transaction took place if there is an ownership dispute.
As of January 1, 2016, a new Wisconsin state law requires an individual selling a privately-owned motor vehicle to another private party to report that sale to the Wisconsin Department of Transportation (WisDOT) within 30 days of the sale.
2. Wisconsin Car (Vehicle) Bill of Sale Buyer's name and address. Seller's name and address. Vehicle make, model, and year. Vehicle Odometer reading. VIN. Current registration number. Transaction date and purchase price. Signatures of both parties.
The Bill of Sale is provided for your convenience, it is not a required form. You may keep a copy with your records, and make a copy for the buyer as documentation of the sale.