Bill Of Sale Add Value Choice For Free

On the title, the seller should fill in the name and address of the purchaser, the odometer information, selling price, and the date sold in the "Transfer of Title by Seller" section.

A bill of sale is a document that verifies your purchase, and therefore your ownership of, a valuable asset such as a car, a TV or other large item. You can also write out your own bill of sale. When writing a bill of sale, be sure to include: The seller's name and address.

When you write a bill of sale, include the:seller's name and address.purchaser's -- or recipient's -- name and address.the year, make and model of the vehicle.color of the vehicle.vehicle identification number -- also known as VIN.Current plate number.mileage accrued on the vehicle at the time of ownership transfer.More items...

A bill of sale is a legal document that outlines the terms of the deal and serves as proof that the vehicle was sold. The document usually includes identifying information about the buyer and seller, conditions attached to the sale, the date of the transfer, and the car's purchase price.

A bill of sale for a car should include:The date of the sale.A description of the car, including its: Year, make and model.The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale.Warranty information.The full names, addresses and signatures of the buyer and seller.Nov 9, 2017

Cash is still the safest and most preferable form of payment when selling a car, especially at a reasonable amount. Remember to check for authenticity and do count out the money in the presence of the car buyer. If the conditions allow, let the buyer pay you at your bank.

Both the buyer and seller should receive copies of the bill of sale form. It's important for the buyer to keep the bill of sale with the title of the vehicle for registration and licensing purposes, if necessary. However, all parties should keep them for their own personal records.