Why Do You Need a Car Bill of Sale?Ī car bill of sale protects consumers from unfair practices by dealerships and manufacturers. Both parties must sign this document for it to be valid. The car bill of sale should also include the selling price of the car and the signatures of both parties involved in the transaction. It should have all relevant information, including the vehicle’s make, model, year, and VIN number. This contract doesn’t need to be written by hand, but it must be in writing.
It is also known as an auto sale contract or title transfer. A car bill of sale is a legal document that proves that a dealership and buyer have agreed to purchase a vehicle.