California 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 California 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 California Automobile / Vehicle Bill of Sale and Promissory Note;
- Automobile / Vehicle Bill of Sale;
- Promissory Note for Purchase of Vehicle;
- Odometer Disclosure Statement.
California Vehicle Bill of Sale and Promissory Note
Product Details
| Product | California 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 | #17118 |
| 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 California Vehicle Bill of Sale is a legal document that records the sale of a vehicle, detailing the terms of the transaction, including the sale price, vehicle information, and the rights of both the seller and buyer.
If the vehicle is being sold with installment payments, a promissory note is necessary. It outlines the payment terms and protects both parties in case of default.
The bill of sale must include details such as the names and addresses of the buyer and seller, vehicle make, model, year, mileage, VIN, and the sale price.
Yes, the form allows for the vehicle to be sold 'as is', meaning the seller does not provide any warranties regarding the vehicle's condition. This must be clearly stated in the document.
An Odometer Disclosure Statement is a required document that discloses the vehicle's mileage at the time of sale. It is mandated by federal law to prevent odometer fraud.
Is This Form Right For You?
Use This Form If:
- Individuals who are selling their vehicle and wish to receive payment in installments will find this form essential. It ensures that both the seller and buyer have a clear understanding of the payment terms and protects the seller's rights in case of disputes.
- Situations requiring a formal record of a vehicle sale, especially when the vehicle is sold 'as is', can benefit from this document. It provides legal protection for the seller by clearly stating that no warranties are implied regarding the vehicle's condition.
- For those purchasing a vehicle from a private seller, this form is crucial for establishing proof of ownership. It includes all necessary details about the vehicle, which can be important for future registration and insurance purposes.
- Buyers who are concerned about the vehicle's mileage will appreciate the included Odometer Disclosure Statement. This ensures compliance with federal law and provides transparency regarding the vehicle's usage history.
- Anyone involved in a vehicle transaction that includes a promissory note will need this form to outline the payment structure. It protects both parties by detailing the terms of the loan, including interest rates and payment schedules.
Do Not Use If:
- – This form is not appropriate for vehicles that are being sold with significant repairs or modifications that affect their value. In such cases, a detailed inspection report may be necessary.
- – If the vehicle is being sold through a dealership, this form is typically not used, as dealerships have their own standardized sales agreements.
- – In situations where the buyer and seller are not in agreement on the terms of the sale, using this form may lead to further disputes. It's essential to have mutual consent before proceeding.
- – This document should not be used for vehicles that are not legally owned by the seller. If there are liens or other encumbrances on the vehicle, they must be resolved before the sale.
- – If the transaction involves a trade-in or exchange of services rather than a straightforward sale, this form may not adequately capture the terms of the agreement.
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Save Money by getting our popular Bills of Sale forms together in one convenient packet
Save Money by getting our popular Vehicle Bills of Sale forms together in one convenient packet
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