It depends on where you are selling. You at least need both parties' names, addresses, the purchase price, and the transaction information before you can make the sale.
You need a title.
For legal and validity purposes. You need these with you to show you have legally purchased or sold the car if authorities ask for validation of sale.
Depending on which state you live in, you may be required to use a state approved bill of sale form. The state approved bill of sale forms typically require information such as: the seller's and buyer's name and address; the car's vin number, make, model, body type & year; odometer reading; and sale price. Some of these state approved bill of sale forms also require the seller's and buyer's signatures be notarized. Other states have moved this information to the title where you complete it when selling the motor vehicle and no longer require a state approved bill of sale form.Depending on which state you live in, you may be required to use a state approved bill of sale form. The state approved bill of sale forms typically require information such as: the seller's and buyer's name and address; the car's vin number, make, model, body type & year; odometer reading; and sale price. Some of these state approved bill of sale forms also require the seller's and buyer's signatures be notarized. Other states have moved this information to the title where you complete it when selling the motor vehicle and no longer require a state approved bill of sale form.
All that is required in most states is all pertinent information be contained in the bill of sale. Which basically would be, the name of the seller, the name of the buyer, the date the sale was made, the amount the vehicle was sold for. A few states require that a vehicle bill of sale be notarized, whether it is required by law or not it is always a good idea to do so. It is also prudent to include other information that might protect the seller from possible litigation, such as "sold as is" which indicates the seller makes no guarantee as to the condition of the vehicle.
TO get rid of a junk vehicle that is 11 years old or newer, a title is required. For older vehicles a registration, title or bill of sale will suffice. The seller's identification must match the documents.
Your local Department of Motor Vehicles offers bill of sales for people interested in selling their vehicles. For your convenience they also offer this form on their website.
Only if they (the car dealership) DID NOT put that information on the Bill of Sale.
Absolutely,a dealer can sell you a vehicle with a salvaged title. Each state has there own laws but in most states you must disclose to the consumer that the vehicle you are selling to them has SALVAGED history. The selling dealer must disclose this on the state title forms and on the BILL of SALE.If the selling dealer does not disclose this,then you have a legal rights against the dealer.
As long as you have a bill of sale from the previous owner and a clean title (if required by your DMV) you have a lifetime to put it in your name.
Go To KBB.com and find the right answer for the equipment you have in your paticular vehicle. 2 different values, Trade or if your selling it on your own.
Vehicle allowance refers to how much information the dealership will give you towards a new car. If they have allotted you $3,000 dollars towards another car, than that is your vehicle allowance.
This information will be found on your Bill of Sale. It should show the vehicle purchased, VIN number, sales tax, and the total paid.