For your dealership, the vehicle bill of sale form provides you with a key record that summarizes the financial information, proves that the vehicle sale/purchase is a legal transfer and insures that all car bill of sale form requirements have been meet. Many dealerships provide a copy of the vehicle bill of sale form to the salesperson which acts as a car sale receipt. Itís then used to determine commission payments and as a finalized record to the salesperson of the transaction.
The vehicle bill of sale form provides your dealership with documentation of settlement; i.e. that the buyer has settled all necessary transaction requirements such as: proof of title on any trade in, sales tax, proof of insurance, deposit amount, trade in pay off amount, optional equipment included, amount financed, cash on delivery amount, statement of any warranty conditions and much more.
Some states require the buyer to present a copy of the automobile bill of sale form in order to properly register any newly purchased vehicle. Among other purposes, these states use the automobile bill of sale form as prove of the purchase price for tax assessment and to document mileage/odometer reading of the car.
An automotive dealer is not the only business that needs to use a bill of sale. Whether you're motorcycle dealer, RV dealer or truck dealer, Estampe Automotive Dealer Supply has the bill of sale to fit your needs.
If your state requires a state specific car bill of sale form, or our generic car bill of sale forms do not fit your needs, please call Estampe Automotive Dealer Supply at 1-866-348-6414 for a custom quote. Ask about our free design service. All Estampe Automotive Dealer Supply car bill of sale forms are guaranteed to work with your dealer management system and auto dealer software.