Preowned Vehicle Bill of Sale

PREOWNED VEHICLE BILL OF SALE

THIS BILL OF SALE is made on this date: by and between the undersigned Seller and Buyer.

WHEREAS

WHEREAS, Seller is the lawful owner of the motor vehicle described below and desires to sell the same; and

WHEREAS, Buyer desires to purchase the vehicle from Seller for the purchase price and on the terms set forth herein; and

WHEREAS, the parties desire to set forth their agreement in writing to effect the transfer of ownership and related obligations.

PARTIES

VEHICLE DESCRIPTION

Year:   Make:   Model:

Vehicle Identification Number (VIN):

Odometer reading at time of sale: miles. The Seller certifies to the best of Seller's knowledge that the odometer reading is the actual mileage of the vehicle unless one of the following is checked:

The odometer reading reflects the mileage in excess of its mechanical limits.    The odometer reading is not the actual mileage. A disclosure statement describing the discrepancy is attached.

Color:   Body type:

License plate number:   State of registration:

SALE TERMS & PAYMENT

Purchase price (total): $

Deposit amount (if any): $   Balance due at delivery: $

Late payment fee (if payment schedule applies):

SCOPE OF WORK (IF APPLICABLE)

Describe any repairs, inspections, agreed modifications, warranty repairs, or services to be performed by Seller or third parties prior to or after transfer of title:

WARRANTY; CONDITION; LIENS

The parties acknowledge and agree the vehicle is sold:
As-Is, with no express or implied warranties by Seller except as expressly provided in writing elsewhere in this Bill of Sale.
With the following limited warranty (describe):

Seller warrants that, to Seller’s knowledge, the vehicle is free of undisclosed liens and encumbrances except as disclosed below:

TRANSFER OF TITLE AND DELIVERY

Upon receipt of full payment as specified above, Seller shall execute and deliver to Buyer a properly endorsed title and any required transfer documents to permit registration in Buyer’s name. Title will be transferred free and clear of liens except those disclosed in this document.

Delivery location:

TERM AND TERMINATION

This Bill of Sale is effective as of the date of sale specified above and shall continue in effect until completion of the obligations set forth herein. Start date: ; End date (if applicable):

Either party may terminate this agreement prior to transfer of title upon written notice to the other party delivered at least days in advance, subject to refund or forfeiture of any deposit as set forth in the payment terms above.

CONFIDENTIALITY

The parties agree that nonpublic information exchanged in connection with this transaction, including financial terms and lien details, shall be kept confidential and shall not be disclosed to third parties except as required by law or to effect transfer of title and registration. This confidentiality obligation shall remain in effect for years from the date of sale.

GOVERNING LAW; ENTIRE AGREEMENT

This Bill of Sale shall be governed by and construed in accordance with the laws of the State of without regard to its conflict of laws principles.

This instrument constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written. No amendment or modification shall be effective unless executed in writing by both parties.

ADDITIONAL PROVISIONS

The parties acknowledge that they have read and understand this Bill of Sale, that they have had the opportunity to consult counsel, and that the signatures below evidence their voluntary agreement to its terms.

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