Colorado vehicle bill of sale is a document that serves as proof of ownership transfer of a motor vehicle from one lawful owner to another. These vehicles can include a car, motorcycle, or a boat, This document outlines essential vehicle information needed for a proper transfer.
Using a Colorado motor vehicle bill of sale offers two main benefits. It provides a clear record of the transaction, ensuring all parties involved are protected. Additionally, it provides proof of ownership during the vehicle registration process at the Colorado Division of Motor Vehicles (DMV).
Common types of a Colorado vehicle bill of sale
Private party sale
Used when an individual sells their vehicle to another person privately. It includes the buyer and seller’s details, vehicle identification number (VIN), date of sale, and terms of the sale.
Dealer sale
Used when an individual is purchasing a vehicle from a licensed motor vehicle dealer in Colorado. The bill of sale will include all necessary information for the transfer of ownership.
Gift or donation
A bill of sale is still required to legally transfer the ownership in cases where a vehicle is being gifted or donated.
Frequently asked questions
While you can create your own bill of sale, we recommend you use a standardized form to ensure you cover all the necessary details required by the state of Colorado.
No, you don’t need to notarize a vehicle bill of sale in Colorado.
Yes, you can use a bill of sale for various types of vehicles, including boats, motorcycles, and trailers.
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