| It is important to complete an auto bill of | | | | section on the title be completed and signed. |
| sale form when selling or buying a used car. | | | | Many of these states have added to the title |
| For the seller, an auto bill of sale form | | | | assignment section of the title the |
| provides proof that title to the used car has | | | | information that was previously collected |
| been legally transferred. For the buyer, the | | | | with separate documents (i.e. odometer |
| auto bill of sale form documents the purchase | | | | disclosure statement, sales price/tax |
| of the used car. The auto bill of sale form | | | | statements, etc.). In these states, an auto |
| should contain: 1. name and address of the | | | | bill of sale form is not required to register |
| buyer; 2. name, address and signature of the | | | | the used car and is used by the seller/buyer |
| seller; 3. complete vehicle description, | | | | to document the initial sale/purchase of the |
| including the Vehicle Identification | | | | automobile. A promissory note form is a |
| Number(VIN); 4. description of trade-in, if | | | | written promise to pay money to someone. A |
| any; 5. purchase price of the vehicle. Auto | | | | promissory note form can be used to create a |
| bill of sale forms are required in many | | | | legally binding agreement when financing the |
| states to register the newly purchased used | | | | sale of personal property, such as a used |
| car. These states usually require a state | | | | car. You can complete a promissory note`s |
| specific auto bill of sale form that | | | | payment schedule to fit your needs. You set |
| documents specific information such as the | | | | out the terms of the loan in a secured |
| purchase price for tax assessment or to | | | | promissory note form: how much is loaned, the |
| obtain the actual mileage/odometer reading of | | | | interest rate, the rate of repayment and the |
| the used car. A generic auto bill of sale | | | | security interest. Click here to find your |
| form will not be accepted in these states. | | | | state's Auto Bill of Sale Form & Promissory |
| You will need to obtain a state specific auto | | | | Note Form. |
| bill of sale form. | | | | |
| | | | Legal Forms Bank.biz, download printable |
| To register a used car in other states, all | | | | online legal forms. |
| that's required is that the title assignment | | | | |