A template for a Bill of Sale is a way to save time on the seller’s part in the buying process. This is because it simplifies the process of compiling the completed Bill of Sale by providing the buyer with all the information required to complete the form in an easy and simple format.
When using this type of template, four sections need to be completed on the Bill of Sale for a Vehicle template. These sections are the information required for the VIN, date of purchase, the name of the buyer and their address and the vehicle identification number (VIN).
The VIN is a unique number attached to each car and used to identify the car within the VIN search engine. This information can only be found in the Bill of Sale for a Vehicle template and it is what will be provided to the seller for your convenience.
The vehicle identification number is located on the windshield or trunk lid. It is a nine-digit number that can be scanned into the Google reverse search database to find information regarding the buyer. The VIN information is only obtained if the buyer requests it.
The buyer’s address is for the date of purchase. It is required to match the information on the VIN and the seller’s address and all previous addresses that the buyer has lived at. This is to ensure that the vehicle is legally sold.
The buyer’s name is included as well. It is required so that the buyer is not identified as a buyer on the Bill of Sale for a Vehicle template. The buyer’s name and address will also be shown in the Bill of Sale for a Vehicle if the car was traded in.
Once all these sections have been completed on the Bill of Sale for a Vehicle template, the buyer is ready to submit it. There are two methods of submitting this form and it is up to the buyer to choose which method they prefer. The two options are to submit online using a web-based Bill of Sale for a Vehicle template or by faxing the form to the seller.
The web-based template is faster and easier to use than faxing the form. This method is more accurate but also requires the buyer to have a computer with an internet connection. They do however offer a fax service that is faster and much more convenient.