Arizona Vehicle Bill of Sale and Promissory Note
Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms
Used for the sale of a vehicle like a car, van, truck, trailer or motorcycle with installment payments. It offers the option to sell the vehicle "as is" or with a warranty.
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The Automobile/Vehicle Bill of Sale form in this packet is designed to document the terms and conditions of the transaction and to protect the rights of both the seller and buyer. This legal form is also helpful for accounting and tax purposes and includes the make, model, year, mileage, and vehicle identification number (VIN) of the vehicle. The buyer can use an Automobile/ Vehicle bill of sale form to help prove ownership of the vehicle.
An Odometer Disclosure Statement is also included in this packet since federal law provides that the seller reveal the mileage upon transfer of ownership.
This Vehicle Bill of Sale form also allows the option to sell the vehicle “as is” or with some type of express warranty.
The Promissory Note for Purchase of Vehicle that is also part of this packet, is useful to protects the seller and to avoid possible problems in the future, and permits payment in monthly installments.
This Automobile/Vehicle Bill of Sale and Promissory Note packet also include simple instructions that guide you through each provision making it simple to easily understand the terms of your legal document.
These Important provisions are included in this Arizona Automobile / Vehicle Bill of Sale and Promissory Note:
- Consideration paid: This provision indicates the sum paid for the vehicle and also can be used by the buyer to prove that valuable consideration was paid for the vehicle;
- Name and Address of Seller and Buyer : Identifies and locates the parties to this sale in case of a dispute;
- Make/ Model/ Year/ Mileage/ Vehicle identification number:Identifies the vehicle being sold;
- Covenant of Ownership: Seller warrants that he/she is the true owner of vehicle and has the right to sell the vehicle;
- Encumbrance Covenant: Seller warrants that the vehicle is free from any lien, security interest or other encumbrance;
- Defend Covenant: Seller will defend vehicle against any claims or demands.;
- Optional AS-IS Clause: Seller is not making any implied or express warranties as to the condition of the vehicle;
- Promissory Note: Documents the terms and conditions for the Promissory Note, including amount, payments, interest rate and vehicle information;
- Odometer Disclosure Statement: Under Federal Law, the seller must disclose the mileage upon transfer of ownership;
Protect Yourself, Your Rights, and Your Property, with our up-to-date forms.
This packet prepared by lawyers contains:
- Step by Step Instructions, easy to use checklist, and important facts for the Arizona Automobile / Vehicle Bill of Sale and Promissory Note;
- Automobile / Vehicle Bill of Sale;
- Promissory Note for Purchase of Vehicle;
- Odometer Disclosure Statement.
Arizona Vehicle Bill of Sale and Promissory Note
Product Details
| Product | Arizona Vehicle Bill of Sale and Promissory Note |
| Country | United States |
| Pages | 7 |
| Dimensions | Designed for Letter Size (8.5" x 11") |
| Printer compatibility | Designed to print on all ink-jet and laser printers |
| Editable | Yes (.doc, .wpd and .rtf) |
| Format |
Microsoft Word Adobe PDF WordPerfect Rich Text Format |
| Platform |
Windows Compatible Mac Compatible Linux Compatible |
| Availability | In Stock. Instant Download |
| Usage | Unlimited number of prints |
| Category | Vehicle Bill of Sale and Promissory Note |
| Product number | #17116 |
| Download time | Less than 1 minute (approx.) |
| Document Access |
Via secret online address Email with download links Email with attachment upon request |
| Refund Policy | 60 days, no-questions asked, 100% money back guarantee |
Frequently Asked Questions
A vehicle bill of sale is a legal document that records the transfer of ownership of a vehicle from the seller to the buyer. It includes important details such as the vehicle's make, model, year, VIN, and the sale price.
A promissory note is recommended when the buyer is making installment payments for the vehicle. It outlines the repayment terms, including the amount financed, interest rate, and payment schedule, protecting both parties.
Yes, this form allows the seller to sell the vehicle 'as is', meaning there are no warranties regarding the vehicle's condition. This clause protects the seller from future claims related to the vehicle's performance or issues.
Yes, federal law requires that the seller disclose the vehicle's mileage at the time of sale. This statement is included in the packet to ensure compliance and protect both parties.
If the buyer defaults on payments outlined in the promissory note, the seller may have legal grounds to reclaim the vehicle. It's important to understand the terms of the note and any applicable state laws regarding repossession.
Is This Form Right For You?
Use This Form If:
- Individuals who are selling a vehicle and wish to receive payment in installments will find this form essential. It ensures that both parties are protected and that the terms of the sale are clearly documented, reducing the risk of disputes in the future.
- Situations requiring proof of ownership transfer, such as when a buyer needs to register the vehicle with the DMV, necessitate the use of this bill of sale. This document serves as legal evidence that the buyer has acquired the vehicle from the seller.
- For those who want to sell their vehicle 'as is' without any warranties, this form provides a clear option to do so. It protects the seller from future claims regarding the vehicle's condition, making it a suitable choice for private sales.
- When a seller needs to disclose the vehicle's mileage as required by federal law, this form includes an odometer disclosure statement. This ensures compliance with legal requirements and protects both parties involved in the transaction.
- Buyers seeking to finance their vehicle purchase through a promissory note will benefit from this comprehensive packet. It outlines the payment terms, interest rates, and other essential details, facilitating a smooth transaction.
Do Not Use If:
- – This form is not appropriate for transactions involving vehicles that are not roadworthy or have significant mechanical issues. In such cases, a different agreement may be necessary to address the condition of the vehicle.
- – If the buyer and seller are not in agreement on the terms of the sale, including price or payment structure, this form should not be used until all parties reach a mutual understanding.
- – In situations where the vehicle is being sold through a dealership or third party, this form may not be suitable. Dealerships typically have their own sales agreements and financing options.
- – If the seller is not the legal owner of the vehicle or does not have the right to sell it, this form cannot be used. Legal ownership must be established before any sale can take place.
- – For sales involving vehicles that are subject to existing liens or encumbrances, additional documentation may be required to clear those obligations before the sale can proceed.
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Save Money by getting our popular Vehicle Bills of Sale forms together in one convenient packet
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