Colorado Bill of Sale of Automobile and Odometer Statement for As-Is Sale
What is this form?
The Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document used to transfer ownership of a motor vehicle from a seller to a buyer. This form ensures that the seller affirms their ownership of the vehicle and disclaims any warranties, meaning it is sold "as-is." Included in this form is an Odometer Disclosure Statement, which is essential for legal compliance regarding the vehicle's mileage at the time of sale.
Form components explained
- Identification of the seller(s) and buyer(s)
- Details of the motor vehicle, including make, model, VIN, and year
- Statement of sale price and payment confirmation
- Guarantee of ownership and absence of claims
- Odometer Disclosure Statement with mileage verification
- Signatures of both parties, and a notary section for legal validation
When to use this form
This form should be used when selling or buying a motor vehicle without warranties. It is particularly important when the vehicle is sold "as-is," indicating that the buyer is accepting the vehicle's current condition. This form is also necessary to document the transfer of ownership and mileage at the time of the sale, helping to prevent future disputes related to the vehicle's condition and value.
Who this form is for
- Individuals selling a motor vehicle
- Individuals purchasing a used vehicle from a private seller
- Lawyers facilitating vehicle sales
- Dealerships conducting private sales
- Anyone who needs to document the transaction for legal protection
Steps to complete this form
- Identify the seller(s) and buyer(s) by entering their names in the appropriate fields.
- Provide details of the vehicle, including its make, model, VIN, and year.
- Specify the sale price and ensure both parties agree on the amount.
- Complete the Odometer Disclosure Statement by stating the current mileage.
- Both seller(s) and buyer(s) should sign the document, and it must be notarized.
Does this form need to be notarized?
This form needs to be notarized to ensure legal validity. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Mistakes to watch out for
- Failing to complete the Odometer Disclosure Statement accurately.
- Not providing complete vehicle details, such as VIN or model year.
- Missing signatures or not having the form notarized when required.
- Not specifying the sale price adequately.
Benefits of completing this form online
- Convenience of downloading and printing directly from home.
- Editability allows users to fill in specific details as needed.
- Access to templates drafted by licensed attorneys ensures legal compliance.
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FAQ
It’s a Colorado legal document that transfers ownership of a motor vehicle from seller to buyer in an as-is sale, with no warranties implied. It also includes an Odometer Disclosure Statement to verify mileage at the time of sale and a notary section for validation, helping prevent future disputes about ownership or mileage.
It should identify the seller and buyer, include the vehicle’s make, model, year and VIN, state the sale price and payment confirmation, affirm ownership and absence of claims, include the Odometer Disclosure Statement with mileage verification, and have signatures from both parties with a notary section.
Yes—the form includes an Odometer Disclosure Statement to record the vehicle’s mileage at the time of sale, ensuring mileage is verified and disclosed. This helps meet typical disclosure needs in private party vehicle transfers and provides a clear record if mileage becomes a dispute later.
To write it, use the form and fill in the seller and buyer identifications, vehicle details (make, model, year, VIN), the sale price and payment terms, a statement that the vehicle is sold as-is, the odometer disclosure, and the signatures of both parties with a notary section for validation.
Common mistakes include omitting or misstating vehicle details (VIN, year, make/model), leaving out the odometer disclosure or not labeling the sale as-is, missing either party’s signature or the notary section, and failing to record the sale price or payment verification.
This form combines a vehicle bill of sale with an Odometer Disclosure Statement and an as-is warranty disclaimer, plus a notary section for validation. The explicit mileage disclosure and as-is language, along with notary options, distinguish it from a generic bill of sale that may not address odometer or condition explicitly.
