North Carolina Motor Vehicle Bill Of Sale Form PDF

‘North Carolina DMV (Vehicle) Bill Of Sale Form’ PDF Quick download link is given at the bottom of this article. You can see the PDF demo, size of the PDF, page numbers, and direct download Free PDF of ‘Sample North Carolina Motor Vehicle Bill Of Sale Form’ using the download button.

North Carolina Motor Vehicle Bill Of Sale Template PDF Free Download

North Carolina Motor Vehicle Bill Of Sale

North Carolina Vehicle Bill of Sale Requirements

North Carolina requires a car bill of sale to register a vehicle that was purchased from a dealership — it is not required for a private sale.

Also, North Carolina requires all motor vehicle dealers, factory branches, distributors, and wholesalers to keep a record of vehicles traded, manufactured, sold, received, or junk for at least four years.

These parties must keep records including disclosures, the contact information of the buyer and seller, the description of the car, and the bill of sale, in case they never need to be inspected by the state.

The Importance of Having One

Even though North Carolina does not require a bill of sale for all vehicle-related transactions, creating and maintaining one does have its advantages.

This document, which includes pertinent information, like buyer and seller contact information, the date and location of the purchase, and the selling price, shows proof of ownership.

A bill of sale provides a buyer with a receipt for the vehicle purchase.

Also, if the buyer fails to get the vehicle properly registered and titled or gets into an accident before these are completed, it protects the seller from liability.

Registering a Vehicle

Vehicle owners have sixty (60) days from the date of purchase to register their new vehicles.

Vehicle registrations have to be renewed annually.

Owners can renew online, by mail, or at an NCDMV license plate agency.

Where to Register

Owners can register their vehicles at any local license plate agency.

Required Documents

Bill of Sale;

Title Application (Form MVR-1);

Odometer Disclosure Statement (MVR-180);

Certificate of Title (apply for a replacement title directly with the DMV);

Valid driver’s license;

North Carolina Motor Vehicle Power of Attorney is required if the owner designates another individual to register the vehicle for them;

Registration Fees; and

Proof of Insurance with Minimum Requirements:

$25,000 for property damage;

$30,000 for bodily injury to one person; and 

$60,000 for bodily injury to two or more people.

Information to Include in a North Carolina Vehicle Bill of Sale

Though a bill of sale is required for some transactions in North Carolina, the state’s DMV doesn’t provide a form for buyers and sellers.

Instead, buyers and sellers can create their own by including the following information:

Buyer’s and seller’s names, addresses, phone numbers, and signatures

When the final payment was made

A description of the vehicle, including the make, model, year, and VIN (Vehicle Identification Number)

Date and location of the vehicle sale

Vehicle sale price

Odometer reading

Language Requirements

The North Carolina Department of Transportation Division of Motor Vehicles accepts bills of sale in English and Spanish.

Also, the DMV offers many of its forms in Spanish.

Number of Copies

The buyer and seller should keep copies of the document as proof that the transaction was completed and ownership was transferred.

Author
Language English
No. of Pages1
PDF Size1 MB
CategoryForm
Source/Creditseforms.com

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North Carolina Motor Vehicle Bill Of Sale Template PDF Free Download

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