You will need legal forms and paperwork if you
are going to sell you car to a private buyer. If you are selling
your car for more than $500, you should have a written contract.
An oral contract to sell a car for over $500 may not be enforceable.
Even under $500, it is always best to put the contract in writing
if you are not going to conclude the deal immediately with a Bill
Many states require the buyer to present a Bill
of Sale to register the purchased car. A Bill of Sale also may serve
as a receipt.
The Bill of Sale should contain:
Date of the sale
Year, make, and model of the car
Vehicle Identification Number (VIN)
A statement of the car's condition
Amount paid for the car, and in what form
(cash, check, and the like)
Buyer's and seller's names, addresses, and
The seller should sign and date the Bill of
Sale, and both you and the seller should get a copy.
Checking the VIN number
on a car before selling it can let you and the buyer know that it
is not a salvaged vehicle,
or in commons terms, a lemon.
A Vehicle Identification
Number encodes specific information about a vehicle, including
country of manufacture, manufacturer, model, body style and even
engine and other information. To be safe, check your car
history to confirm it has a clean bill of health before selling.