Oklahoma Motor Vehicle Bill of Sale

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Oklahoma only
Updated Dec 3, 2024
~ 3 pages
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An Oklahoma Car Bill of Sale is a written agreement between a vehicle seller and a purchaser verifying the sale. It is used to register the vehicle with the Oklahoma Tax Commission and provide a permanent record of the transaction.
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 Karyna Pukaniuk - Reviewed by Jonathan McGill

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Oklahoma Motor Vehicle Bill of Sale

A bill of sale for car in Oklahoma is a legal document that records the transfer of ownership from the seller to the buyer. While not mandatory for car transactions, the Oklahoma dmv bill of sale is proof of purchase and outlines important details, protecting both parties from future disputes.

Why Use an Oklahoma Motor Vehicle Bill of Sale

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Utilizing an Oklahoma vehicle bill of sale during a vehicle transaction offers distinct benefits. It lists the buyer and seller, describes the particulars of the sale, and might be necessary for insurance providers or financial institutions. For purchasers, the car bill of sale Oklahoma authenticates the deal. Sellers, on the other hand, enjoy peace of mind knowing there's a documented sale date, making the Oklahoma bill of sale car is pivotal for handling taxes and liabilities.

Parties Involved

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In any vehicle bill of sale Oklahoma, two main parties are involved:

  • Seller. The current vehicle owner.

  • Buyer. The individual or entity acquiring the vehicle.

Key Terms

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  • Purchase Price. The negotiated amount for the vehicle stated in the bill of sale Oklahoma dmv.
  • Vehicle Description. Required details like make, model, year, and VIN (Vehicle Identification Number).
  • Sale Date. The date of the transaction.
  • As-Is Clause. States in the Oklahoma bill of sale vehicle that the seller isn’t liable for future repairs or damages.

Elements of an Oklahoma Motor Vehicle Bill of Sale

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An all-encompassing Oklahoma car bill of sale should feature the following:

  1. Full Names and Addresses. Of both the seller and buyer.

  2. Vehicle Information. Such as the make, model, year, and VIN.

  3. Odometer Reading. The mileage at the point of sale.

  4. Transaction Details. Purchase price and sale date.

  5. Signatures. The signatures of both parties on the auto bill of sale Oklahoma.

Steps to Finalize an Oklahoma Vehicle Bill of Sale

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  • Prepare the Document. Fill out the Oklahoma bill of sale for car using Loio to ensure all vital information is included.
  • Review the Details. Verify the Oklahoma motor vehicle bill of sale for accuracy.
  • Sign the Document. Both parties should sign the Oklahoma auto bill of sale.
  • Transfer Title. Following the sale, the buyer should submit the completed bill of sale car Oklahoma and the vehicle title to the DMV to formalize the ownership transfer.
  • Record Keeping. Retain copies of the bill of sale Oklahoma car for both parties. Important for tax, registration, and legal records.

To navigate this process smoothly, you might contact your local Oklahoma DMV or consult legal professionals. Resources like legal aid organizations offer valuable guidance. Crafting a thorough and correct bill of sale for car Oklahoma when transacting a vehicle is not just wise; it’s essential. By doing so, you'll ensure a well-completed bill of sale for vehicle in Oklahoma, as well as legal protection and transparency, facilitating a hassle-free transaction. 

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