This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold “a” s’s” without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.
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BILL OF SALE OF AUTOMOBILE To be completed upon sale of motor vehicle. State of Michigan County of $ FOR AND IN CONSIDERATION OF Dollars ($) cash in hand, paid me this day in full by, (Buyer(s), Seller(s)
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How to fill out auto bill of sale
How to fill out auto bill of sale:
01
Gather the necessary information such as the buyer and seller's names, addresses, and contact information.
02
Specify the details of the vehicle being sold, including the make, model, year, VIN number, and mileage.
03
Indicate the purchase price agreed upon by both parties.
04
Include any additional terms or conditions, such as any warranties or guarantees.
05
Sign and date the bill of sale, ensuring that both the buyer and seller provide their signatures.
06
Keep a copy of the completed bill of sale for your records.
Who needs auto bill of sale:
01
Individuals who are buying or selling a used vehicle.
02
Car dealerships or auto brokers involved in the purchase or sale of vehicles.
03
Financial institutions or lenders who want a record of the vehicle sale.
Note: The auto bill of sale is a legal document that provides proof of the transfer of ownership from the seller to the buyer. It is advisable for both parties to keep a copy of the signed bill of sale for future reference.
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What is auto bill of sale?
An auto bill of sale is a legal document that records the transfer of ownership of a vehicle from a seller to a buyer.
Who is required to file auto bill of sale?
Both the seller and the buyer of a vehicle are required to file an auto bill of sale.
How to fill out auto bill of sale?
To fill out an auto bill of sale, you need to include information such as the vehicle's identification number, description, purchase price, and the names and signatures of the buyer and seller.
What is the purpose of auto bill of sale?
The purpose of an auto bill of sale is to provide a written record of the transaction and protect both the buyer and the seller in case of any legal disputes.
What information must be reported on auto bill of sale?
The auto bill of sale must include information such as the vehicle's identification number, make, model, year, purchase price, date of sale, buyer's and seller's names and addresses, and signatures of both parties.
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