![]() The bill of sales also outlines any guarantees or conditions attached to the sale. ![]() As the seller, a bill of sale can be used to prove you’re no longer liable for the vehicle if it’s involved in an accident. The bill of sale is a record of the transaction, serving as an invoice and receipt. In these states, a bill of sale is a prerequisite.Įven if a bill of sale is not a prerequisite in your state, it can still be a good idea to create a bill of sale. In some states, the buyer needs to take a copy of the bill of sale to the Department of Motor Vehicles when they are transferring the car title. Its function is to protect you and prevent misunderstandings with the buyer. The bill of sale will generally include general information about the vehicle and the terms of the sale. ![]() As the seller, the bill of sale will verify that you have sold your car. It outlines the terms of your agreement with the buyer. Different Bill of Sale Formats for Different StatesĪ bill of sale is a legal document that is drawn up between the buyer and the seller of a car.
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