When you buy or sell a car as a private party rather than through a dealership, you'll want to write up a sales agreement. What the agreement needs to contain may vary slightly from state-to-state, so be sure to check with the Department of Motor Vehicle for the state where the car will be registered. A simple bill of sale, or sales agreement, can be typed or written on a sheet of paper and must be signed by both parties---the buyer and the seller.
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Things you need
- Make, Model and Year of Car
- Seller's name
- Buyer's name
- VIN # for the vehicle
- Sales price of the car
Start with the seller info. You can start the bill of sale with the seller information, so it says, "I [Seller's Name]."
Include the car information. Next, you need to include what is being sold, so the statement would continue, "sold a [Year, Make, Model and VIN number of the Vehicle]."
Add in the buyer's information. Continue the statement with the buyer's information. "to [Buyer's Name] for the amount of [Include the sales price of the vehicle]."
Write warranty information. Most used car sales between private parties are "as is" sales meaning the car doesn't include any type of warranty. You want to include this information in the sales agreement. It may be worded to say, "No express or implied warranty. Vehicle is sold as-is."
Sign the agreement. Both the seller and the buyer of the vehicle needs to sign the agreement to make it legally binding.
Include personal contact information. You may also want to include personal contact information such as a phone number and address for the buyer and seller. This can help the buyer to contact the seller if any further information is required to register the vehicle, or for the seller if there is any problem in transferring the vehicle out of the seller's name.
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