VEHICLE BILL OF SALE

Date of sale: {{sale_date}}
State: {{governing_state}}

Seller:
Name: {{seller_name}}
Address: {{seller_address}}
Phone: {{seller_phone}}
Driver's license number: {{seller_license}}

Buyer:
Name: {{buyer_name}}
Address: {{buyer_address}}
Phone: {{buyer_phone}}
Driver's license number: {{buyer_license}}

1. The vehicle

1.1. The Seller sells and transfers to the Buyer the following vehicle (the "Vehicle"):
   Make and model: {{vehicle_make_model}}
   Year: {{vehicle_year}}
   Body type and color: {{vehicle_body_color}}
   Vehicle identification number (VIN): {{vehicle_vin}}
   License plate number: {{license_plate}}
   Title number: {{title_number}}
1.2. Items included with the Vehicle: {{included_items}}
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2. Price and payment

2.1. The purchase price is ${{sale_price}}.
2.2. Payment is made by {{payment_method}}.
2.3. The Seller acknowledges receiving payment in full and the Buyer acknowledges receiving the Vehicle, its keys and its title documents.
2.4. Possession passes to the Buyer on {{delivery_date}}, and with it the risk of loss or damage.
2.5. Trade-in or other consideration: {{other_consideration}}

3. Odometer disclosure

3.1. The odometer now reads {{odometer_reading}} miles.
3.2. The Seller certifies that {{odometer_status}}.
3.3. Federal law (49 CFR Part 580), and State law if applicable, requires the Seller to state the mileage in connection with the transfer of ownership. Failure to complete the disclosure or providing false information may result in fines and/or imprisonment. Model year 2011 and later vehicles are exempt only once they are more than twenty years old; older vehicles follow the earlier ten-year rule. Many states require the disclosure on the title itself, not only on a bill of sale.
3.4. The Buyer signs this odometer disclosure by signing below and gives the Seller a copy.
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4. Condition and warranties

4.1. The Vehicle is sold AS IS, WHERE IS, with all faults. Except for the statements in section 5, the Seller makes no warranty of any kind, express or implied, and the Buyer takes the Vehicle in its present condition.
4.2. Known defects and damage disclosed by the Seller:
{{known_defects}}

4.3. The Buyer has had the opportunity to inspect the Vehicle, or to have it inspected, and relies on that inspection rather than on any oral statement.
4.4. An "as is" sale does not cover fraud, and a dealer selling to a consumer is subject to the FTC Used Car Rule and to state law that a private seller is not.

5. Seller's warranty of title

5.1. The Seller warrants that the Seller is the lawful owner of the Vehicle, that the Vehicle is free of all liens and encumbrances, and that the Seller has the right to sell it.
5.2. Outstanding loan or lien, if any: {{lien_details}}
5.3. The Seller shall deliver a properly assigned certificate of title to the Buyer at the time of sale.

6. After the sale

6.1. The Buyer is responsible for registering the Vehicle, transferring the title and paying any sales or use tax due in {{governing_state}}.
6.2. The Buyer shall insure the Vehicle before driving it.
6.3. The Seller should notify the state motor vehicle agency that the Vehicle has been sold, which in most states releases the Seller from liability for what happens afterwards.
6.4. Some states require this bill of sale to be notarized, or require their own form. Check the rules in {{governing_state}}. This template is not legal advice.
6.5. Additional terms:
{{additional_terms}}

SELLER:
Name: {{seller_name}}
Signature: {{seller_signature}}
Date: {{sale_date}}

BUYER:
Name: {{buyer_name}}
Signature: {{buyer_signature}}
Date: {{sale_date}}

Notary acknowledgment, where required: {{notary_block}}

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