This form is a bill of sale of an automobile which shows proof of purchase.
This form is a bill of sale of an automobile which shows proof of purchase.
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Do I Need a Bill of Sale? If you are purchasing a vehicle through a dealership, a secure bill of sale will be used. If you are purchasing a vehicle from or selling a vehicle to another private party, the buyer needs a Bill of Sale.
While a Bill of Sale is not required for selling a vehicle in the state of Colorado, it's a good idea to create one for both you and the buyer. Think of this as your receipt for the transaction.
Proof of ownership is shown by a Manufacturer's Certificate of Origin (MCO), title or consignment agreement properly assigned in the dealer's licensed name. 2. A dealer demo plate may be used on a vehicle operated by a prospective buyer.
Get a signed and dated bill of sale from the seller. It will need to include your name, the purchase price, the VIN, and the year and make of the vehicle. You'll then need to take these documents, proper identification and proof of insurance to your local DMV office.
Bills of sale do not have to be notarized in the state of Colorado.
Both the seller and buyer must sign the title transfer. If there are two names listed on the original title, both parties must sign it when selling. If two people will be listed on the new title, both must sign the bill of sale and the title.
A vehicle bill of sale does not need to be notarized in Colorado. You can use the official state form, one of the several provided by select counties, or you may draft your own. However, any form you use must provide the following information: The names, contact information, and signatures and the buyer and seller.
Does a vehicle bill of sale have to be notarized in Colorado? No. When you privately sell a car in Colorado, the Bill of Sale does not need to be notarized.
Fill Out The Title, Odometer Statement, And Bill Of Sale At this time, you will also want to ensure that the listed odometer reading is correct. The State of Colorado also requires that cars sold in a private sale must include a separate odometer statement.