This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.
Colorado Springs Colorado Bill of Sale of Automobile and Odometer Statement for As-Is Sale
Category:
State:
Colorado
City:
Colorado Springs
Control #:
CO-00431B
Format:
Word;
Rich Text
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Description
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How to fill out Colorado Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?
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FAQ
Older Colorado titles may require a notary. If the title has a spot for a notary to sign, it needs to be notarized, or Statement of Transfer (in lieu of notarization of Colorado title), Form DR2445 needs to be filled out.
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.
All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number).
If you're going to write a bill of sale in Colorado, you should include the price of the item, the date of the sale, the year, make, model, vehicle identification number (VIN) of the vehicle or another description of the property, and the name and contact information of both the buyer and seller.
Bills of sale do not have to be notarized in the state of Colorado.
Federal and state law requires that you state the mileage in connection with the transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment and may make you liable to your transferee pursuant to 49 U.S.C. 32709.
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.
The buyer must carry in the vehicle: A bill of sale that identifies the vehicle by year, make and VIN and shows the time and date of sale and is signed by both the buyer and the seller.
Section 580.5(c) requires a transferor to sign, and to print his/her name on an odometer disclosure statement with the following information: (1) The odometer reading at the time of transfer (not to include tenths of miles); (2) the date of transfer; (3) the transferor's name and current address; (4) the transferee's