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Having a good automobile bill of sale template is essential if you are going to sell your vehicle. The law requires you to have an automobile bill of sale template so that you can get a fair price for your car. A good template will usually include the following:
List of all receipts _ Every automobile bill of sale template includes this information. This list of receipts lets the buyer know how you want him to purchase your car.
Car registration number and title certificate _ These are usually included in an automobile bill of sale template. In case you would like, you can add your contact details and the year of your car. A good template will include these details.
Description of your car's odometer _ It is not legal to sell your car that has an incorrect odometer reading. The buyer should be aware of the current mileage of your car.
Liability insurance coverage _ A good template will contain a detailed description of the liability insurance coverage you need. If you want to sell your car, it is important that the buyer understands that they are taking on the risk of buying a car with a lower value. Having the liability insurance coverage will help the buyer to save a lot of money when the vehicle is sold.
Seller's address and telephone number _ A good template should always include these two pieces of information. If the buyer calls your office for clarification, it will be easier for him to reach you. It is also possible that you could decide to buy the car at the same time the buyer contacts you.
Valuation report _ It is an important part of an automobile bill of sale template. There are a lot of states that require you to give them a valuation report before you sell the car.
The buyer's cost _ You will most likely receive a valuation report before selling your car and the buyer will be paying the maximum value you are quoted. The buyer should not pay less than the minimum price. You should be able to provide the buyer with the minimum value they are required to pay you.
Contact details _ You will need to give some contact details in the form of fax, email, phone and website. Any buyer should be able to contact you before he purchases your car. You will only be able to sell your car to another buyer if you have a website that will allow them to do so.
Details of the location where you will sell your car _ Usually, the location of your vehicle is mentioned in the automobile bill of sale template. It is important that you are able to sell your car in the exact place you sold it. Otherwise, the buyer will not be able to find the vehicle.
Vehicle security _ If the buyer is planning to lease or purchase the vehicle, you must inform him of this in the automobile bill of sale template. He should be aware of the kind of security measures you use to protect the vehicle. It is also a good idea to tell the buyer about any insurance plans that the buyer has taken care of.
These are some of the things that you should consider when creating your automobile bill of sale template. You should include these tips in order to ensure a successful sale.
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