| When buying or selling a used car, it is wise to use an | | | | concerned with the actual mileage of the used vehicle. |
| auto bill of sale form. For the seller, a bill of sale is | | | | By noting this at the time of re-sale, odometer fraud |
| beneficial as it provides evidence that the cars title has | | | | can be discovered at a later time if this were to take |
| been legally transferred to new owner. For the buyer, | | | | place. |
| a bill of sale documents the transaction and is the best | | | | It is important to use a professional auto bill of sale |
| way to prove ownership. | | | | form that records all of the necessary information. If |
| There are several things that each bill of sale form | | | | any of the required information is not recorded some |
| should contain. The names and addresses of both the | | | | states may not allow you to register the vehicle. |
| buyer and the seller, a description of the vehicle, being | | | | Although there are one or two states that do not |
| sure to include the vehicle identification number (VIN). | | | | require an auto bill of sale form in order to process |
| as well as the sale price should all be recorded. | | | | your vehicle registration, consumers are still |
| Almost every state requires an auto bill of sale form to | | | | recommended to complete such a form for their own |
| be provided in order to register any newly purchased | | | | protection and peace of mind. |
| vehicle. This law is in place for the following reasons. | | | | A bill of sale form can be completed in just a few |
| The first relates to the automobiles purchase price and | | | | minutes, but will guarantee a lifetime of protection. |
| its associated tax assessment. The second is | | | | |