What You'll Need As a seller filling out your motor vehicle bill of sale form, you should have the following information available:
Vehicle identification number (VIN)
Make and model of the car
Odometer reading
Warranty information (if any)
Payment details
For other non-automotive property, you'll want to include an accurate detailed description of the item being sold, either within the sales agreement itself, or as an attached exhibit.
Limited Warranty vs. As-Is Sales Deciding whether to sell items on an as-is basis or with a warranty depends on the type of item being sold and whether or not offering a warranty makes financial sense for the seller. Once the decision has been made, it's important to clearly outline the terms in the bill of sale contract. Indicating on a bill of sale that you have sold an item "as is" protects you as a seller if the buyer encounters problems with the item after purchase. For example, if a person buys a used car from you and the motor breaks down after he or she drives away, you are not responsible for the repairs or damages, as long as your automotive bill of sale provides proof that the vehicle was sold as-is. As a seller, you may consider offering a warranty to sweeten the deal for the a prospective purchaser. A limited warranty explains what kinds of damage and item parts are covered for a specific amount of time, such as a trial period. Whether you're selling a car, a guitar, or a puppy, it is critical to state exactly what will and will not be covered when it comes to parts and/or labor, especially if the purchaser is responsible for some portion of the expense. Unlike other generic purchase agreement forms that you find online, our printable bill of sale will always give you the option of adding a warranty or as-is clause as you see fit.
Determining Sales Tax Each state has its own sales tax laws, ranging from no sales tax to more complicated requirements, making it important to call your local government agency or look for the information on your government website. Regardless or whether you are the buyer or the seller, if in doubt about your tax obligations, you can always talk to an attorney.