An Indiana vehicle bill of sale, also referred to as a motor vehicle bill of sale, is a document used when buying or selling a motor vehicle. It includes several key details related to the transaction to create a clear record of the purchase.
Formswift: Make an Indiana vehicle bill of sale with our customizable template
Create a well-documented record of your vehicle transactions in the state of Indiana with our Indiana vehicle bill of sale template. This official form ensures a smooth transfer of ownership, giving you peace of mind during vehicle sales.
An Indiana vehicle bill of sale offers several benefits. It provides a clear record of the motor vehicle's sale, and can be referred to in case of disputes. It also serves as proof of ownership transfer which is crucial for registration and titling purposes at the Indiana Bureau of Motor Vehicles.
Common types of an Indiana vehicle bill of sale
General bill of sale
Used for most vehicle sales in Indiana. It includes basic information about the vehicle and the terms of the sale, including the odometer reading and the purchase price.
As-is vehicle bill of sale
Used for selling a vehicle "as-is." It clarifies that the buyer accepts the vehicle in its current condition, complete with its odometer disclosure statement, without any warranties or guarantees.
Conditional vehicle bill of sale
Includes specific conditions that must be met, such as sales tax payment, for the sale to be valid. It's often used when the buyer needs to fulfill certain requirements before taking full ownership.
Boat bill of sale
Covers essential details similar to the general bill of sale but for watercraft transactions. For example, it also includes the hull identification number.
Yes, having a properly filled and signed Indiana vehicle bill of sale form is vital for any vehicle transaction within the state. It safeguards both the buyer and seller by documenting the sale, the agreed-upon terms, and the date of sale.
Frequently asked questions
While you can draft your own bill of sale, we recommend you use a standardized Indiana-specific form. This will ensure all necessary information is included.
In Indiana, there’s no requirement to have your vehicle bill of sale notarized by a notary public. However, doing so can add an extra layer of authentication to the document.
The bill of sale should include details about the buyer and seller, vehicle description, sale price, date of sale, and any additional terms or conditions agreed upon by both parties.
No, the bill of sale and title transfer are separate. The bill of sale is a record of the transaction. In contrast, the title transfer, or application for certificate of title, formally changes the vehicle's ownership with the Indiana Bureau of Motor Vehicles.
Yes, it’s required for all vehicle sales, including personal property like watercrafts.
Looking for other Indiana documents?
Formswift is not a law firm and does not provide legal advice or representation. Formswift's documents are not a substitute for the advice of an attorney. Communications between you and Formswift are governed by the Formswift Privacy Policy but are not protected by the attorney-client privilege or as work product. Formswift does not provide advice, opinions, or recommendations about individual's legal rights, options, strategies, or the selection of forms. Your use of the Formswift website and forms is governed by the Formswift Terms of Service.