In order to complete the sale, the seller must provide the title and registration of the vehicle. Therefore, it is recommended to have a third-party mechanic inspect the vehicle to ensure it is in proper working condition. Private Inspection – Remember, only the damage that gets reported to an insurance company gets mentioned in a VIN lookup. When obtaining this number, you can see all the repairs that were ever done during its existence including car accidents, water damage, and ownership history. If you are unable to find the VIN number, you can always find it on the vehicle’s title or registration. It’s usually located on the driver’s side windshield or inside where the door meets the vehicle. This number is unique to every automobile, consisting of 17 characters. The buyer should obtain the Vehicle Identification Number (VIN) of the motor vehicle. If the vehicle is being sold for cash and trade, both vehicles and the terms of the transaction must be stated (common for vehicles purchased from dealers). Any financing will have to be done prior with a local bank or credit union. Once you have decided whether to buy or sell a specific vehicle, you will need to enter the terms of the agreement. If the vehicle is being sold for cash, the entire amount will be due at the time of sale. Print Name: _ How to Buy or Sell a Vehicle (privately)

Seller’s Signature: _ Date: _īuyer’s Signature: _ Date: _ The undersigned Buyer accepts receipt of this bill of sale and understands that the above-described Property is sold on an “as is, where is” condition with no guarantees or warranties, either expressed or implied. The undersigned Seller affirms that the above information about the Property is accurate to the best of their knowledge. The Buyer is receiving the Property as a gift.Īll municipal, county, and state taxes in relation to the purchase of the Property, including sales taxes, are ☐ included ☐ not included in the Exchange. The Seller accepts trade for the Property in exchange for: The Seller accepts cash payment in the amount of $ to be paid on: (check one) The Seller agrees to sell the Property in exchange of: (check one) Seller’s Name: with a mailing address of (“Seller”) and agrees to sell the Property under the following terms:ģ.

How to Buy or Sell a Vehicle (privately)īuyer’s Name: with a mailing address of (“Buyer”) and agrees to purchase the Property from the Seller known as:.

If a bill of sale involves a motor vehicle, the buyer must keep an original copy for registration purposes.

It should be signed after the transaction has been finalized and the exchange has taken place. A bill of sale is a legal document between a buyer and seller for the purchase of goods in exchange for cash or trade.

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