Letters and Forms

What is an automobile bill of sale?

• A document that attests to the transfer of ownership of an automobile
  
• Serves as a receipt for the buyer
  

What should be included in an automobile bill of sale?

• Amount of consideration paid for the transfer of title
  
• Date of purchase
  
• Name and address of seller and buyer
  
• Guarantee from the seller that the vehicle is free from all claims and offsets, if applicable
  
• Representations or warranties if any
  
• Signature of the seller and buyer
  
• Odometer Disclosure Statement
  

What does "as-is" mean?


The term "as-is" when used in the automobile bill of sale means that the seller does not guarantee the condifion of the vehicle that is being sold to the buyer.