This is designed for individuals who buy and sell vehicles. Select the text, right click your mouse to cut or copy and paste to your word document and have fun. If something doesn't apply, you can place the letters "NA" in the blank spaces. We recommend you never leave any spaces blank in any contract. You can also just delete items that are not relevant or add more.
If you are selling a motorcycle
you can replace the word motor vehicle or vehicle with the word
"Motorcycle"
If you want to self finance part of your balance, use the promissory note, security agreement and security agreement attachment.
Don't forget to delete the red text before use
Motor Vehicle Bill of Sale
Seller 1: __________________________________________________
Address: __________________________________________________
Seller 2: __________________________________________________
Address: __________________________________________________
Buyer 1: __________________________________________________
Address: __________________________________________________
Buyer 2: __________________________________________________
Address: __________________________________________________
1. Seller(s) hereby sells the vehicle described in section (1a) to the above listed Buyer(s).
1a. Vehicle make: _________________________________________
Body type or model: ____________________________________
Vehicle identification number: _____________________________
Year of vehicle: ________________________________________
Additional description: __________________________________
____________________________________________________
2. The full purchase price for Vehicle is $ _______________. As consideration for Vehicle, Buyer has paid Seller:
[choose only one of the options listed below and delete what you don't need. If you choose to finance a portion of the purchase price and choose (2b) or (2c), it is recommended that you attach a security agreement and the security attachment to your promissory note ]
2a. [ ] the full purchase price.
2b. [ ] $ ___________________ as a down payment, balance due in _____ days.
2c. [ ] $ ___________________ as a down payment and has executed a promissory note and a security agreement for the balance of the purchase price.
3. Seller warrants that Seller is
the legal owner of Vehicle and that Vehicle is free of all legal claims (liens
or encumbrances) by others except: ________________________________________________________.
[In section 3, list any lien holder if there is one. If not you can just write in a statement that states “there is no other lien holder”. If you still owe something on your vehicle to a finance company or private investor, you would list their name because you can't release the title until they are paid and sign off. There are several ways to deal with this. For example, call the lien holder, ask for the pay off and have them fax or mail it to you so you have it in writing. You may have the buyer make out two checks. One to the lien holder in the amount you owe on the payoff and the other to you. If you own the vehicle outright, be sure and place a big "NA" or write "Not Applicable" on the blank line. Never leave a space blank that could be filled in later. Remember to delete the red type.]
Seller agrees to remove any lien or
encumbrance specified in this clause with the proceeds of this sale within
_____ days of the date of the bill of sale.
[Give yourself enough time. Remember to check with your lien holder to make sure you know how long it will take for you to get your hands on the title. If this section doesn't apply place "NA" in the blank space.]
4. Independent mechanic inspection [Check either 4a or 4b]
4a. [ ] Vehicle has been inspected by an independent mechanic at Buyer's request and expense. If an inspection has been made, the inspection report:
[ ]
is attached to this bill of sale.
[ ] is
not attached to this bill of sale.
4b. [ ] has not been inspected by an independent mechanic at Buyer's request.
5. Seller believes Vehicle to be in good condition except for the following defects: __________________________________________________.
6. Other than the warranty of ownership in Clause 3 and the representations in Clause 5, Seller makes no express warranties on the described vehicle. Buyer takes Vehicle as is. Seller hereby disclaims the implied warranty of merchantability and all other implied warranties which may apply to the extent disclaimers are permitted in the state having jurisdiction over this bill of sale.
7. The odometer reading for Vehicle is: _________________________.
8. Additional terms of sale for Vehicle are as follows: _______________________________________________________.
Seller 1’s signature: _______________________________ Date:___________________
Seller 2’s signature: _______________________________ Date:___________________
Buyer 1’s signature: _______________________________ Date:___________________
Buyer 2’s signature: _______________________________ Date:___________________