Guide to Selling Your Car

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Thinking about selling your car? It may seem like a complicated process upfront, but once you know what documents you need and how to get started, you may find out that you can sell your car in just a few simple steps. If you’re looking for all the information you’ll need when you want to sell your vehicle, you’ve come to the right place! What to do with your Car Title Before Selling Your Car Before you begin the process of selling your car, it is important to confirm that your vehicle is completely lien-free, so that the car buyer will be confident in buying your car. When a car has a lien, this means the vehicle is technically owned by more than one party. People might have a lien on their vehicle if they are still paying off the purchase of their car with an auto loan. Or, if you’ve ever had car title loans, you will know that title loan lenders will Read more →

Buying a Used Food Truck (2019 Guide)

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When it comes to starting a food truck business, the first question is always “How much does a food truck cost?” If you’re buying a used food truck from an owner, the standard price is around $50,000 – $100,000.  If you’re looking for real world examples, you can go to the Roaming Hunger Marketplace, where you’ll find pre-owned trucks, trailers, and carts for as low as $35,000 (or less).   The real costs of buying used, however, can be a lot more complex. While it may seem like a steal, buying a used, as-is food truck is like buying a home that’s a fixer-upper.  What you see – and sometimes what you don’t – is exactly what you get.   Below we’ll tell you how to be a smart shopper as you invest in the most important piece of your new food truck business. Read more →

Free Bill Of Sale Template

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A vehicle bill of sale is a legal document given by the seller to the buyer. It reports that on a specific date, at a specific locality and for a particular sum of money the seller sold to the purchaser a specific vehicle of which he had lawful possession. It is a written instrument proving that the transaction was successful and that both parties were able to understand each other clearly.

The bill of sale will generally include the following information about the transaction:

  • A description of the vehicle and its vehicle identification number (VIN).
  • Any warranty that may have been agreed upon.
  • The final sale price of the vehicle.
  • The name of the buyer and the seller.
  • The state in which the vehicle was sold.

 

Completing the form does not transfer the title to the buyer. To complete the transaction, the buyer and seller should accomplish the following:

    • The buyer should apply for a new title in his name, take the Certificate of Ownership (Title) and this Bill of Sale to the local vehicle licensing office and pay the required fees and taxes.
    • The seller should submit a completed Report of Sale which releases his liability from the vehicle. He can report the sale by filling out the Report of Sale section at the back of the title. He can also go in person at any vehicle licensing office or process it online.

 

The process may vary depending on the location. Please contact your DMV to make sure that you have the correct instructions.

Download a free vehicle bill of sale here: Free Vehicle Bill Of Sale