Per federal law, all vehicles sold in the United State must have an Odometer Disclosure Statement attached to the Bill of Sale. Verbal agreements are not accepted in most States. Additional Details – If there are any additional details in regards to the purchase and sale of the vehicle it should be mentioned.
Purchase Price – To be paid as a single payment, down-payment with balance to be paid later, payment with trade-in, or simple trade.Vehicle Description – Body Type, Make, Model, Year, and any other information that should be mentioned.Buyer and Seller information – Names and Mailing Addresses.To be legal, it must contain the following: Motor Vehicle Bill of Sale – Adobe PDF, Microsoft Word (.docx) By State This form is legally required to facilitate the transfer of possession and to register the vehicle. The motor vehicle bill of sale form is a written contract between a buyer and seller for the exchange of an automobile for cash, trade, or both.