If you are selling or buying an auto in private, you need to use an auto bill of sale form to complete the sale transaction legally. An auto bill of sale is a legal binding document between a seller and a buyer, prepared by the seller to transfer his interests or rights in the auto to the buyer.
An auto bill of sale records all detailed information of the sales transaction and serves as a proof of ownership when the buyer registers the auto at local DMV office. In addition, an auto bill of sale form helps protect both buyer and seller from the odometer fraud and other similar fraudulent activities.
We provide you with a free auto bill of sale form to help prepare an auto bill of sale faster and more accurate. If you know what components a bill of sale requires and how to use it, you can skip the following section and go head to download the forms at the end of this page.
In case you sell or buy a used car, check it out the used car bill of sale form.
Auto bill of sale form details
The auto bill of sale form outlines detailed information of the sales transaction that includes the following components:
- Names and complete addresses of both buyer and seller.
- Comprehensive information on auto being sold including make, model, Odometer reading, and vehicle identification number (VIN).
- Purchase price and date of purchase.
- Warranties and disclosure e.g., “AS IS” term.
- Both buyer and seller’s signatures
The most important term in a bill of sale is “AS IS”. It means that the seller is selling the auto in the current conditions and the buyer is buying and accepting it with all faults, whether the faults are visible or not.
For example, a seller sells a used car to a buyer and use the term “AS IS” in the bill of sale: the buyer accepts the car AS IS, with all faults. One second after signing and paying to the buyer, the car is damaged for any reasons, the buyer is not entitled to a repair, replacement or refund except the buyer can prove that there was a fraud involved.
The “AS IS” term basically protects the seller from any future disputes that may occur. As you see, our auto bill of sale form is “AS IS” bill of sale that states this term clearly to the buyer.
How to use the auto bill of sale forms
There is two auto bill of sale forms that you can download and use immediately. The first one is in Microsoft Word document template that provides the capability to customize by inserting additional sections you want into the bill of sale such as clauses. If you want to modify the bill of sale form for your needs, you should use the editable form.
Otherwise, you can use an auto bill of sale form in PDF format that comes in handy with sections and can be loaded into any free PDF reader software. You can also print out the auto bill of sale form and filling out it.