New Car Bill Of Sale for the United States

New Car Bill Of Sale Template for United States

A New Car Bill of Sale is a legal document used in the United States that serves as proof of purchase and transfer of ownership for a new vehicle. It documents the complete transaction details between the seller and buyer, including vehicle specifications, purchase price, and conditions of sale. This document is critical for state DMV registration and complies with federal and state regulations regarding vehicle sales.

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What is a New Car Bill Of Sale?

The New Car Bill of Sale is a crucial document used when transferring ownership of a new vehicle in the United States. It provides official documentation of the transaction, protecting both buyer and seller by clearly stating the terms of sale, vehicle details, and price. This document is required for vehicle registration with state DMVs and includes important information such as the VIN, odometer reading, and warranty details. It must comply with federal regulations including the Truth in Mileage Act and state-specific requirements.

What sections should be included in a New Car Bill Of Sale?

1. Parties: Identification of buyer and seller with complete contact information including names, addresses, and contact details

2. Vehicle Information: Comprehensive details about the vehicle including make, model, year, VIN, color, mileage, and current condition

3. Purchase Price: The agreed-upon price for the vehicle and specific payment terms including method of payment

4. Warranties and Representations: Statement of vehicle condition, any warranties provided, and/or 'as-is' disclaimers

5. Transfer of Title: Terms regarding the transfer of vehicle ownership and required documentation

What sections are optional to include in a New Car Bill Of Sale?

1. Trade-in Details: Information about any vehicle being traded in as part of the transaction, including make, model, year, and agreed value

2. Financing Terms: Details of any financing arrangement if the purchase is not made entirely in cash

3. Extended Warranty: Terms and conditions of any additional warranty coverage being purchased

4. State-Specific Disclosures: Additional disclosures required by specific state laws regarding vehicle condition, history, or transaction terms

What schedules should be included in a New Car Bill Of Sale?

1. Vehicle Inspection Report: Detailed report documenting the current condition of the vehicle and any known issues

2. Service History: Documentation of vehicle maintenance and repair history

3. Registration Documents: Copies of current registration and title transfer documentation

4. Emissions Certification: Documentation proving compliance with state and federal emissions standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Genie AI

Document Type

Bill of Sale

Sector

Sales

Cost

Free to use
Industries

Truth in Mileage Act (TIMA): Federal law requiring accurate disclosure of vehicle mileage during transfer of ownership to prevent odometer fraud

Federal Odometer Act: Requires written disclosure of vehicle's mileage when transferring ownership of vehicles less than 10 years old

Clean Air Act: Federal law ensuring compliance with emissions standards during vehicle transfer

FTC Regulations: Federal Trade Commission rules governing fair business practices and consumer protection in vehicle sales

State Vehicle and Traffic Laws: State-specific regulations governing vehicle transfers and registration requirements

State DMV Requirements: Department of Motor Vehicles specific requirements for vehicle title transfer and registration

State Disclosure Requirements: State-mandated disclosures about vehicle condition, history, and other relevant information

State Sales Tax Regulations: State-specific rules regarding sales tax collection and payment on vehicle transfers

State Consumer Protection Laws: State-specific laws protecting consumer rights in vehicle purchases

State Lemon Laws: State laws providing remedies for buyers of defective vehicles

UCC Article 2: Uniform Commercial Code provisions governing sales transactions, including vehicle sales

Documentation Requirements: Essential elements including VIN, odometer reading, buyer/seller information, purchase price, date, warranties, and required signatures

Notarization Requirements: State-specific requirements for notarizing vehicle sale documents

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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