![]() ![]() ![]() For a fee, your local dealer will process your purchase for you, which helps to ensure that your title paperwork is up-to-snuff, that you're not doing business with a criminal (i.e. Here's what you need to include:Legal name of buyer(s) and seller(s)Full description of the vehicle (year, make, model, mileage, and color)Purchase price, value of trade-in (if applicable), etc.A statement like "Under penalty of perjury, the parties warrant." OR a notary's seal (check with your state's DMV)The signatures of both the buyer(s) and seller(s)Most states have a sample bill of sale you can print out and/or copy online (see one for Colorado here: ), so a quick search on Google should give you a free template to work from.NOTE: If you're considering a private party sale or purchase, you might talk to your local auto dealer about a "pass thru" transaction. ![]() A bill of sale is a legal record of an ownership transfer, and it is required by all states as documentation of a vehicle transaction (private party or otherwise) unless the vehicle is being given as a gift, in which case a "gift letter" is required.However, what isn't commonly understood is that a bill of sale can be very informal - something as simple as a hand written letter can suffice (just be sure to write in blue or black ink).
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