

If you’re the seller of the vehicle, it’s important that you keep a copy of the bill of sale too. You will also need to have your bill of sale in order to have the title of the car transferred. So you’ll need to bring a copy of your car’s bill of sale to the DMV when you go. In the state of California, it is required that you have a completed bill of sale before you register the vehicle. If you’re the buyer of the vehicle, the next step will be registering the vehicle. Otherwise the bill of sale is not official. The price the car was sold for in this exchangeĪfter going through the bill of sale together, both the buyer and seller must sign and date the document.The vehicle’s Vehicle Identification Number (VIN) and the car’s odometer reading.


Having a bill of sale also protects you in the event that the seller denies having sold the car to you. How Does a Bill of Sale Benefit the Buyer?Ī bill of sale is good for a buyer because it documents the condition of the car at the time you bought it this way if you later find that there are damages that the seller never told you about, you have proof. This means that, were the buyer to claim that they never bought the car from you, you have proof so that you are not responsible for anything that happens to the vehicle after the purchase. How Does a Bill of Sale Benefit the Seller?Īs a seller, a bill of sale not only acts as a receipt, but it also frees you from liability. You’ll need a bill of sale to re-register and transfer the title of the car. It also helps the DMV keep track of all car sales so that everything is documented. It’s a document that serves as proof of a transaction, and it’s beneficial to both the seller and the buyer of a vehicle. A bill of sale is used when cars are sold in a private sale.
