Simple Car Bill of Sale Template

When buying or selling a car, it's essential to have a clear and comprehensive bill of sale template in place. This document ensures that both parties understand the terms of the transaction and can avoid any potential disputes.

In addition to providing basic information about the vehicle, such as its make, model, and year, the bill of sale should also include details about the condition of the property at the time of transfer. According to federal and state laws, sellers are required to disclose the actual mileage of the vehicle being transferred.

Here's a simple car bill of sale template that you can use:

Vehicle Details

* Vehicle Make: * Model: * Year: * VIN: * Odometer Reading: Condition of the Property

The Buyer has accepted the Property in its existing condition.

Inspection and Warranties

The Buyer should be provided with the original document, and a copy should be made and provided to the Seller. The Buyer has been given the opportunity to inspect the Property, or alternatively, have the Property inspected. Once signed, this Bill of Sale will go into effect on the effective date specified in the document.

Seller's Affidavit

The Seller hereby certifies that, to the best of the Seller's knowledge, the current reading of the vehicle's odometer is miles. Failure to comply with the federal and state law requirements may result in fines, imprisonment, or other penalties.

Sale and Transfer

This sale and transfer of this motor vehicle is made on an 'AS IS' basis, without any express or implied warranties, with no recourse to the Seller, provided that Seller can issue proof that it has title to the vehicle without any liens or encumbrances. Upon signing this Bill of Sale, the above-mentioned vehicle shall belong exclusively to the Buyer, and the Seller shall have no further responsibility for, liability towards or interest in, said vehicle.

Payment Terms

The form of payment used will be cash, and sales tax is included in the purchase price of the vehicle.

Effective Date

This Bill of Sale is executed on , by and between , residing at (hereinafter referred to as the 'Seller') and , residing at (hereinafter referred to as the 'Buyer').

Total Purchase Price

The total purchase price of this vehicle is $.

By signing below, both parties acknowledge that they have read, understood, and agree to the terms of this Bill of Sale.

Signature of Seller

Signature: Date: Signature of Buyer

Signature: Date: Remember to customize this template according to your specific needs and requirements. It's also a good idea to have a lawyer review the document before finalizing the sale.

Simple car bill of sale template