West Virginia 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 โas isโ 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 West Virginia 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 West Virginia Automobile / Vehicle Bill of Sale and Promissory Note;
- Automobile / Vehicle Bill of Sale;
- Promissory Note for Purchase of Vehicle;
- Odometer Disclosure Statement.
West Virginia Vehicle Bill of Sale and Promissory Note
Product Details
| Product | West Virginia 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 | #17162 |
| 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 a seller to a buyer. It includes details about the vehicle, the sale price, and the parties involved.
A promissory note is essential when the buyer is making installment payments. It outlines the terms of repayment, including the amount owed, interest rate, and payment schedule, protecting both parties.
Yes, the form allows for an as-is sale, meaning the seller does not provide any warranties about the vehicle's condition. This clause must be clearly stated in the bill of sale.
The odometer disclosure must include the current mileage of the vehicle at the time of sale. This is a federal requirement to prevent odometer fraud.
Simply fill out the required information, including details about the vehicle and the terms of the sale. Both parties should sign the document to make it legally binding.
Is This Form Right For You?
Use This Form If:
- Individuals who are selling their vehicle and wish to receive payments over time can utilize this form to ensure that both parties are protected legally. This document outlines the payment terms and conditions, making it clear how much is owed and when.
- Situations requiring the transfer of vehicle ownership while documenting the sale can benefit from this form. It serves as proof of ownership and can be used for title transfer with the DMV, ensuring compliance with state regulations.
- For those purchasing a vehicle from a private seller, this form provides a clear record of the transaction. It includes essential details like the vehicle's make, model, and VIN, which are crucial for registration and insurance purposes.
- Buyers who want to ensure they are aware of the vehicle's condition can use the as-is clause included in this form. This clause protects the seller from future claims regarding the vehicle's state at the time of sale.
- Sellers needing to disclose the vehicle's mileage can rely on the included odometer disclosure statement. This is a federal requirement that helps prevent fraud and ensures transparency in the sale.
Do Not Use If:
- โ This form is not appropriate for vehicles that are being sold without a clear title. If the seller does not have the title, the sale cannot be legally completed, and alternative documentation is necessary.
- โ If the vehicle is being sold in a public auction or through a dealership, this form may not be suitable. Dealerships typically have their own sales agreements that comply with state laws.
- โ In cases where the vehicle has significant mechanical issues or safety concerns, using this form without proper disclosures could lead to legal disputes. It is advisable to address these issues before proceeding with the sale.
- โ If the buyer is not making installment payments and is paying the full amount upfront, a simpler bill of sale may suffice. The promissory note is unnecessary in such scenarios.
- โ In situations where the seller is not the legal owner of the vehicle, this form cannot be used. The seller must have the legal right to sell the vehicle to ensure a valid transaction.
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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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