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A bill of sale is good for a buyer because it documents the condition of the car at the time you bought it; this way if you later find that there are damages that the seller never told you about, you have proof. Having a bill of sale also protects you in the event that the seller denies having sold the car to you.

In simple terms, a bill of sale agreement is nothing more than a contract for the purchase of a vehicle between a buyer and a seller.In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.

A bill of sale certifies a big transaction usually of a large purchase like a vehicle or livestock. It frees the seller from liability and proves the buyer's ownership.The short answer is that both the buyer and seller should retain the bill of sale for their records.

Is a bill of sale required in California? While a bill of sale is not a legal requirement in California, it's a good idea to have one if you sell or purchase a vehicle. There is no specific form required, but the California Department of Motor Vehicles (DMV) has a bill of sale form.

Title. If you are buying a vehicle from a private party or receiving a vehicle as a gift, you must have a properly signed-off title to register the vehicle and transfer ownership. A Bill of Sale by itself is not acceptable.

A bill of sale is only a record that a sales transaction occurred between two parties.

2. California Car (Vehicle) Bill of Sale For private car buyers and sellers in California, a bill of sale is an important legal safeguard that can help to prevent fraud. A bill of sale does not serve as proof of ownership. Only a title has that legal authority.