A vehicle bill of sale PDF is used for recording the sale of a motor vehicle. It is a document that provides securities to both the seller and the buyer. For the people selling their cars, the car bill of sale offers them a written substantiation or proof that the purchaser is now completely responsible for the car that has been sold. It comes as proof that the car title has been handed over to the purchaser legally. Apart from this, for the ones purchasing a used car, recording the entire transaction in the bill of sale form helps certify the transaction and provide evidence of the purchase made.
How to Create a Vehicle Bill of Sale?
Creating a vehicle bill of sale can be a bit challenging. There are several ways that you can use in creating this document. You have the option of using a custom builder on any of the websites offering customizable legal forms. Apart from this, you can create one yourself by using the fillable PDF files or the templates available on the same websites. You can easily create a vehicle bill of sale from scratch only if you are a little adventurous and have the required time for this procedure.
Important Information Included in the Vehicle Bill of Sale
Whichever method you choose, you must have a complete understanding of the information that should be present in your fillable bill of sale PDF. This is especially important if you are completely new to making such papers.
Information like the name of the purchaser or the client, the make and model of the vehicle, the transaction date, the price, and the guarantees or warranties on the vehicle's parts should be present in your vehicle bill of sale form. These are some of the most important points that you must consider when creating your bill of sale for a car. Refer to the names mentioned on the bill of sale as seller or purchaser.
Allocation of Special Fields
Apart from the points mentioned above, make sure to allot fields or space for various other relevant facts regarding the transaction. These fields would include useful information if the purchase is made on behalf of some other individual or in exchange for some other product. Also include clauses affecting the contract like after-sales support and warranties.
Finally, an automobile bill of sale would not be valid if it does not have the signatures of the buyer and the seller. Therefore, you must make sure that both parties have signed the document. The copies of the document need to be furnished to the signatories for filing purposes. However, the most important thing that you need to keep in mind when filling out a vehicle bill of sale template is that the document's format should be valid and acceptable in the state where the transaction takes place.