For the buyer, it gives specific information about the vehicle that can be checked against a Vehicle History Report.Ī bill of sale does not prove ownership-only a title transfer does that. For the seller, a bill of sale shows the date the vehicle was sold and information about the buyer.
The bill of sale form is NOT an official document proving ownership, but rather a record of the transaction between parties.Ī transaction between two parties.
This form serves as a record of necessary information, including the date of sale, price, vehicle information, and names/addresses for both the seller and the buyer. You will likely need a bill of sale form whenever you buy a vehicle from, or sell one to, another person.