Delaware Motor Vehicle Bill of Sale

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Delaware only
Updated Dec 24, 2024
~ 3 pages
PDF
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A Delaware motor vehicle bill of sale is a legal document that officially records the transfer of ownership of a vehicle between a buyer and a seller. It proves the transaction and protects both parties from future disputes. Complete the Delaware Motor Vehicle Bill of Sale template from Loio and download it in PDF format.
CAR BILL OF SALE

Date:   
State:  
Country: the United States of America

This Bill of Sale is made and entered into as of the above date by and between the following parties:

THE SELLER

  registered at   (the "Seller"),

THE BUYER

  registered at    (the "Buyer"),

Hereafter, the Seller and the Buyer will be collectively referred to as the "Parties" and each individually as the "Party".

DESCRIPTION OF THE CAR

The Seller hereby sells, assigns, transfers, and conveys to the Buyer all rights, title, and interest in and to the following described car (the "Car"):

Make:  

Model:  

Year:  

Body type:  

Color:  

Title number:  

Vehicle identification number (VIN):  

License plate number:  

Odometer reading:   miles

LOCATION OF THE CAR

The Car being sold is located at  . The Seller affirms legal ownership of the Car and asserts the right and authority to sell it. The Buyer acknowledges the Car has been inspected and the Buyer is satisfied with its condition.

ODOMETER DISCLOSURE STATEMENT 

I,  , certify that the odometer reading of the  ,     at the time of sale is   miles and, to the best of my knowledge, is accurate and reflects the actual mileage of the Car.

I further certify that the odometer has not been tampered with, altered, or replaced, and that the mileage of the Car has not been misrepresented in any way.

TOTAL PRICE

The purchase price for the Car is  . The Buyer shall pay the full purchase price to the Seller on or before  . The payment shall be made by cash unless otherwise agreed by both Parties in writing.

SALES TAX 

The sales tax applicable to this sale is included in the total price of the Car. 

WARRANTY

The Seller warrants the Car to be free from defects in materials and workmanship for a period of   from the date of sale (the "Warranty Period"). If the Car is found to be defective in material or workmanship during the Warranty Period, the Seller will repair or replace the defective Car.

The Parties acknowledge and agree that the above warranty is the only warranty provided by the Seller and is in lieu of all other warranties, express or implied, including any warranties of merchantability or fitness for a particular purpose. The Parties further acknowledge and agree that the Seller shall not be liable for any defects or inconsistencies in the Car, except as set forth in the aforementioned warranty.

The Buyer has been given the opportunity to inspect the Car or arrange for its inspection. Additionally, the Buyer has accepted the Car in its existing condition.

DATE OF TRANSFER

The transfer of the Car from the Seller to the Buyer shall take place on  .

The Buyer shall take possession of the Car on the date of transfer and assume all risk of loss or damage to the Car from that date forward. On the date of transfer, the ownership of the Car shall be transferred to the Buyer, and the Seller shall deliver all necessary documentation to the Buyer to effectuate the transfer of ownership, including but not limited to the deed, bill of sale, and any other documents required to transfer title to the Car.

SIGNATURES

THE SELLER

____________________________ 

 

THE BUYER

____________________________ 

 

Written by Megan Thompson - Reviewed by Kateryna Adkham

Template Description

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Delaware Motor Vehicle Bill of Sale

A bill of sale for a car in Delaware is a legally binding document that acts as a receipt for a car transaction between a seller and a buyer. Though not always legally required to transfer ownership, having a comprehensive Delaware vehicle bill of sale can prevent potential disputes.

Why Use a Delaware Motor Vehicle Bill of Sale?

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Drafting a car bill of sale Delaware for your vehicle is the evidence of the change of ownership. It safeguards both parties against potential disagreements in the future. Picture finding out about a violation related to your previous car months after selling it. Having a vehicle bill of sale Delaware provides undeniable proof of the transaction and the point at which ownership was transferred. Furthermore, a Delaware car bill of sale includes information such as the selling price, which may impact tax payments or aid in resolving discrepancies. 

Parties Involved

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Typically, two parties are involved in an auto bill of sale Delaware:

  • The Seller. The current owner of the vehicle who transfers ownership.
  • The Buyer. The individual or entity purchasing the vehicle.

Both parties must be identified in the Delaware motor vehicle bill of sale, with addresses and signatures, to validate the transaction.

Understanding specific terms in the Delaware bill of sale for car aids clarity:

  • As-Is Condition. Most vehicle sales are final with no implied warranty.
  • Odometer Reading. An accurate account of the vehicle's mileage at the point of sale.
  • Payment Terms. Detail whether the payment was in full or if there are remaining obligations stated in the Delaware bill of sale vehicle.

Elements of a Delaware Motor Vehicle Bill of Sale

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To ensure your Delaware auto bill of sale meets requirements, include the following elements:

  • Date of Sale. When the transaction occurred.

  • Identities of Buyer and Seller. Full names and contact information.

  • Vehicle Description. Make, model, year, VIN, and color.

  • Sale Price. The amount agreed upon by both parties.

  • Signatures. Both buyer and seller signatures on the bill of sale car Delaware are necessary to authenticate the sale.

  • Notarization. The notarization of the bill of sale Delaware car, is highly recommended as an extra layer of security and authenticity.

Steps to Execute a Delaware Motor Vehicle Bill of Sale

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  1. Gather Information. Collect all the necessary details about the vehicle and parties involved.

  2. Draft the Document. Use a bill of sale for car Delaware template on Loio by answering a series of questions through their interview system.

  3. Include All Elements. Ensure all essential sections are filled precisely.

  4. Final Checks. Double-check information for accuracy before signing.

  5. Sign and Notarize. While notarization of the bill of sale for vehicle in Delaware is not required, it provides extra validation.

  6. Submit to the DMV. The buyer should submit the bill of sale Delaware dmv to the DMV.

It is important to retain a copy of the Delaware dmv bill of sale for your records. Both sellers and buyers can rest assured by grasping and correctly carrying out a Delaware bill of sale car, ensuring their transaction is officially recorded and secure.