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South Carolina Bill Of Sale Template PDF Free Download
South Carolina Bill Of Sale
Registering a Vehicle
Any South Carolina resident wishing to drive the vehicle on South Carolina roads must register the vehicle.
For vehicle purchases at vehicle dealerships in the state, the dealer will generally submit all registration and titling information on the buyer’s behalf.
For transactions between private parties, both the buyer and the seller must take affirmative steps.
The buyer must register the vehicle forty-five (45) days after purchase.
The registration endures for two years.
Registrants will receive a notification when registration is set to expire and may renew online.
What to Include When It’s Time to Create a Bill of Sale
A bill of sale should include as much information as possible, specifically:
The printed full names of the buyer and seller, and their signatures
Buyer and seller contact information, including mailing address, phone number, and email address
The location of the sale, include at least the city, state, and zip code
The sale date
The price of the vehicle, as well as the total taxable amount paid
The odometer reading in miles (do not include the tenths of miles)
Vehicle information, including make, model, body type, year, and VIN (Vehicle Identification Number)
If applicable, it should list any liens on the vehicle.
Also, if possible, the document should include information such as any distinguishing marks, such as dents, dings, or flaws.
This information can protect the seller if the buyer tries to claim he/she was unaware of physical or mechanical defects after the purchase.
After Purchasing a Vehicle
South Carolina requires a buyer to transfer the title and registration of a vehicle bought via a private sale.
When vehicles are bought from businesses or dealerships, they handle the titling and registration process.
No matter where the vehicle purchase took place, it must be registered and titled within 45 days of the sale date.
In South Carolina, to register a vehicle that was bought from a private citizen instead of through a dealer or business, an individual must submit:
A completed Title Application (SCDMV Form 400)
The title signed over to the buyer
A bill of sale, if the title does not include the sale price and odometer reading at the time of purchase
A paid property tax receipt from the county in which the buyer resides
All applicable title and registration fees
Also, a completed Statement of Vehicle Operation in South Carolina (SCDMV Form TI-006), is required if the individual does not have a South Carolina driver’s license.
Unless a vehicle was bought from a dealer or business, the SCDMV will not register a vehicle without a title.
Registration and Title Fees in South Carolina
In South Carolina, title and registration fees are as follows:
Passenger cars $40
Title $15
Electric vehicles $120 road use fee plus a $40 registration fee
Hybrid vehicles are $60 plus a $40 registration fee
People who are 64 pay $38, and those who are 65 or have a disability pay $36.
Individuals with disabilities must submit documentation from a medical professional.
To register and title a vehicle, individuals can visit one of SCDMV’s locations.
Required Documents
A completed application for Certificate of Title and Registration (Form 400);
A Certificate of Title signed over to the buyer;
A valid driver’s license or ID;
Buyers that lack a South Carolina driver’s license or ID may submit Form TI-006;
Proof of payment of an infrastructure maintenance fee of five percent of the purchase price or $500, whichever is the lesser.
This fee replaced the property tax once owed on the sale of vehicles taking place after July 1, 2017;
A bill of sale;
Proof of insurance meeting South Carolina’s minimum automobile insurance requirements:
$25,000 for a single injury;
$50,000 for a single accident;
$25,000 for property damage;
If the buyer or seller is acting on behalf of another, a Motor Vehicle Power of Attorney; and
Payment of all registration and title fees.
| Author | – |
| Language | English |
| No. of Pages | 3 |
| PDF Size | 1 MB |
| Category | Form |
| Source/Credits | eforms.com |
South Carolina Bill Of Sale Template PDF Free Download