Bill Of Sale Instructions

Be sure to check with your local DMV (Department of Motor Vehicles) to insure that this bill of sale is appropriate for your state. They may also have copies that are acceptable within your jurisdiction.

The following are suggestions for completing the transaction and the Bill of Sale:

1. Be sure to ask the Buyer for proper identification prior to any test drives or the final transaction.

2. Write down their name and address and leave it with someone prior to the test drive.

3. Once you have completed the negotiations for your vehicle be sure to have the buyer sign a release of liability form. ( This form can be found in the forms section at ispotdeals.com) In some states it is recommended that you maintain your insurance coverage for at least ten days beyond the sale so as to limit your liability till the new buyer transfers the title and acquires his own insurance. Again be sure to check with your local DMV.

4. If buyer is paying for the vehicle with a check be sure to guarantee the funds with the bank that the check is drawn on. It is recommended that you have the buyer pay with a certified check, cashiers check, bank draft or a transfer of funds. A transfer of funds is the most highly recommended as the funds can be verified by your bank. If you have questions concerning financing or the payoff of any loans please contact your lender for instructions.

5. This Bill of Sale should not be used for a deposit on a vehicle. If you need a deposit receipt you may print one out from the forms section at ispotdeals.com.

To return to the forms section click here

Bill of Sale  

KNOW ALL MEN BY THESE PRESENTS that _________________________________________("Seller"), in consideration of $________________________________________ received from 
_________________________________________("Buyer"), the receipt and sufficiency of which are hereby acknowledged, has granted, bargained, sold, conveyed, transferred, and delivered and by these presents does bargain, sell, grant, convey, transfer, and deliver unto Buyer the following vehicle, 

Make:________________________________________
Model:_______________________________________
Year:______________
Vehicle ID number (Vin):____________________________________

To have and to hold the same unto Buyer, his executors, administrators, and assigns forever.

Seller warrants and represents to Buyer that the title conveyed is good, its transfer is rightful, and the Vehicle is delivered free from any security interest or other lien or encumbrance.

Seller, for Seller and for Seller's executors, administrators and assigns, covenants and agrees with Buyer to warrant and defend title to the Property hereby sold unto the Buyer, his executors, administrators, and assigns against all and every person and persons whomsoever.

IN WITNESS WHEREOF, Seller has hereunto executed and delivered this Bill of Sale this_______, of ___________________ 200__

______________________________________________

Seller