car bill of sale printable

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You may have heard the term “ car bill of sale “ many times as many did , but have you ever took the time to know what is it ? or what are its benefits ?

A “ car bill of sale “ or “ automobile bill of sale “ is a simple form that is used to record the sale the sale of a vehicle thus providing protection and ownership prove for the new owner .

The majority of states in the U.S require a bill of sale before they allow the new owner to register the car in his/her name and the department of motor vehicle will require it as of ownership before they change the registration .

So what information you should see/ put on a bill of sale form ?
When making or filling a car bill of sale form it’s recommended that you include the following

• Selling price
• The general condition of the car
• The make and the model
• The vehicle identification number
• The names and address of the buyer and the seller
• Odometer reading
• Statement by the seller admiring that no money is owed on the car
• Both parties signatures

So how can exactly the bill of sale protect you from fraud deals ?

There are many risks when buying a car privately , such as buying stolen cars or buying a car that has its odometer altered to show smaller mileage than the actual one or even a car on which a lien is held. Many of these cases happen and don’t get discovered until sometime later and detecting it back to determined who is responsible is not always easy .

Having a car bill of sale showing when the car was purchased and from whom as well as the odometer reading will surly clear you of any wrongdoing .

Here are some of “ car bill of sale printable templates “



You can also download the . Doc file from here
http://www.vikas-garg.com/Templates/bill-of-sale.doc

or from here
http://www.docstoc.com/search/automobile-bill-of-sale-template/

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