Check with your state's motor vehicle department to see whether you need either a bill of sale or a signed title to sell your car or both. In some states, you must also transfer title to the buyer to complete the sale. If you're the buyer of a used car, a properly prepared bill of sale shows that you're the new legal owner of the car. This document protects you because, as soon as you've sold your car, you're no longer liable should the vehicle be involved in an accident. However, whether you're the buyer or the seller, it's highly advisable to have a bill of sale in private car sales in case there are issues later on.Ī vehicle bill of sale shows that you, the seller, have sold your car. A car bill of sale is not required in all states-as of 2018, one is not required in Alaska, Illinois, Michigan, Tennessee, and a few others. Having a bill of sale prepared in advance can make the sale go smoothly.Īn automobile bill of sale or used vehicle bill of sale is like a receipt that proves you've transferred the car to the buyer.
Not all states require a bill of sale, but it's a good idea to have one when selling your used car. Creating a vehicle bill of sale is an important part of the transaction because it's evidence of transferring your car to the buyer. The paperwork you need to sell your car may seem overwhelming, but you can make it easier if you familiarize yourself with the process.
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