Tricky car sale..not sure how to put it out in words in a bill of sale? Best answer on the web

  • I'll be purchasing a car, and I'll be paying $9,000 cash, plus I'll be giving them my car as well. This is a private sale, no dealership involved. How would I word this in a bill of sale so that both parties don't have trouble at the DMV transferring titles and such. Or is a bill of sale even needed?


  • Your best bet is to do one of two things. either word it like this:



    (seller) hereby transfers ownershp of (carA) (VIN) to (buyer) in exchange for $9000 cash and (vehicle B) (VIN) considering (Vehicle B) has a value of $XXX



    OR



    Do a bill of sale for his car, showing you paid $9500, and a bill of sale for your car, showing he paid you $500. Net Net its the same, and much cleaner.



    Make sure tha thte bills of sale include statements that vehciles are free of any liens, and are sold as is, where is with no warranties or guarantees expressed or implied.


  • BILL OF SALE - USED AUTOMOBILE









    BUYER ________________________________________â ¦





    SELLER ________________________________________â ¦





    DATE OF SALE ________________________________________â ¦





    PLACE OF SALE ________________________________________â ¦





    VEHICLE SOLD: Year ________ Make _____________________





    Model ________________________________________â ¦





    VIN ________________________________________â ¦







    PRICE PAID $ _________________ PAID IN FULL!







    VEHICLE SOLD AS IS. NO WARRANTIES WHATSOEVER.







    SIGNATURE OF BUYER ______________________________________







    SIGNATURE OF SELLER _______________________________________







    THIS VEHICLE NOW BELONGS TO THE BUYER!















    Form written and provided by Rev. Bill McGinnis

    Director - http://www.LoveAllPeople.org

    Public Domain









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    July 30th, 2010 edit


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