Northern California Discussion board for Northern and Central California.

Bill of Sale question

Thread Tools
 
Search this Thread
 
Old 11-29-2008, 01:23 AM
  #1  
Member
Thread Starter
 
BladeX10's Avatar
 
Join Date: Jul 2008
Posts: 279
Likes: 0
Received 0 Likes on 0 Posts
Car: 1991 RS v8
Bill of Sale question

DMV is closed tomorrow and i dont have access to a printer.. Is it alright if i make a generic bill of sale on a piece of regular paper stating that info needed? Im suppose to be selling my project car tomorrow and i dont know what to do
Old 11-29-2008, 10:19 AM
  #2  
Supreme Member

iTrader: (4)
 
Darkshot's Avatar
 
Join Date: Nov 2005
Location: Sacramento
Posts: 1,946
Likes: 0
Received 0 Likes on 0 Posts
Car: 91 RS
Engine: 350 TBI
Transmission: WC T5
Axle/Gears: 3.42 Posi
Re: Bill of Sale question

I've done that before. Just look at the form on the web site and copy down all the things you need.
Old 11-29-2008, 12:28 PM
  #3  
Senior Member
 
fryer1979's Avatar
 
Join Date: Oct 2008
Location: The Sticks, Ca.
Posts: 629
Likes: 0
Received 0 Likes on 0 Posts
Car: '79 Camaro; '84 Z28
Engine: 350; none
Transmission: TH-350, 2500 stall; none
Axle/Gears: posi, 3.08; disc, 3.23
Re: Bill of Sale question

the basics you need are: Seller and buyers name, date of transaction, ammount car was sold for; year, make, model, and mileage of vehicle. Make sure that the both of you sign and date the document. Make copies for DMV, yourself and the seller if he wants. A hand written bill of sale is fine if you have these bits of information, I have done it with almost all of my vehicle purchases.
Old 11-29-2008, 01:02 PM
  #4  
TGO Supporter

iTrader: (3)
 
Kevin84Z28's Avatar
 
Join Date: Sep 2004
Location: Sonoma CO. CA.
Posts: 1,064
Likes: 0
Received 3 Likes on 3 Posts
Car: 1984 Camaro Z28
Engine: L69 305 H.O.
Transmission: T-5
Axle/Gears: 3.73
Re: Bill of Sale question

Ask to see the purchasers I.D. and document his driver's license number. Don't forget to complete the transfer of ownership on the back of your pink slip (Title). That's where you put the new owners name for the Release of liability. Then mail, or take that to DMV within 10 days. The problem I have with all of this is that DMV won't take your name off the registration, even after receiving the Relaease of Liability until the new owner registers the vehicle in his/her name....And also add the VIN# of the vehicle to the Bill of Sale.
Old 11-29-2008, 02:03 PM
  #5  
Senior Member
 
fryer1979's Avatar
 
Join Date: Oct 2008
Location: The Sticks, Ca.
Posts: 629
Likes: 0
Received 0 Likes on 0 Posts
Car: '79 Camaro; '84 Z28
Engine: 350; none
Transmission: TH-350, 2500 stall; none
Axle/Gears: posi, 3.08; disc, 3.23
Re: Bill of Sale question

ah yes, forgot the vin number. Also might want to include the liscence plate number just in case. Vin number is most important though.

The release of liability is mostly for in a case where the new owner fails to register the vehicle and does something like get in an accident. It just shows DMV that you are not responsible. That is why I say keep a copy of the bill of sale (handwritten or otherwise) as well as a copy of the release of liability. I had DMV, and an insurance company try to come after me over a car I sold being used in a hit and run accident. Always keep copies.
Old 11-29-2008, 02:53 PM
  #6  
TGO Supporter

iTrader: (3)
 
Kevin84Z28's Avatar
 
Join Date: Sep 2004
Location: Sonoma CO. CA.
Posts: 1,064
Likes: 0
Received 3 Likes on 3 Posts
Car: 1984 Camaro Z28
Engine: L69 305 H.O.
Transmission: T-5
Axle/Gears: 3.73
Re: Bill of Sale question

Originally Posted by fryer1979
ah yes, forgot the vin number. Also might want to include the liscence plate number just in case. Vin number is most important though.

The release of liability is mostly for in a case where the new owner fails to register the vehicle and does something like get in an accident. It just shows DMV that you are not responsible. That is why I say keep a copy of the bill of sale (handwritten or otherwise) as well as a copy of the release of liability. I had DMV, and an insurance company try to come after me over a car I sold being used in a hit and run accident. Always keep copies.
That's exactly what I'm talking about. DMV still disregards their own forms, coming after you even though you filed the R.O.L. They do that alot, especially CHP. If the car you sold gets abandoned on the roadway and the new owner never registered it, the CHP will still try to recoop the money for the tow from the last registered owner even though you sent in your R.O.L.
Old 11-29-2008, 05:16 PM
  #7  
Senior Member
 
fryer1979's Avatar
 
Join Date: Oct 2008
Location: The Sticks, Ca.
Posts: 629
Likes: 0
Received 0 Likes on 0 Posts
Car: '79 Camaro; '84 Z28
Engine: 350; none
Transmission: TH-350, 2500 stall; none
Axle/Gears: posi, 3.08; disc, 3.23
Re: Bill of Sale question

Exactly. That is why I keep copies of everything, and always recommend everyone else to. Call me paranoid, but it has saved my hide a few times.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Frozer!!!
Camaros for Sale
35
01-19-2024 04:55 PM
Vintageracer
Camaros for Sale
12
01-10-2020 05:33 PM
Exxon Limited
Camaros Wanted
22
12-21-2015 10:36 PM
redmaroz
LTX and LSX
7
08-16-2015 11:40 PM
Exxon Limited
Camaros for Sale
2
08-09-2015 08:13 PM



Quick Reply: Bill of Sale question



All times are GMT -5. The time now is 01:23 AM.