Bill Of Sale – Part 4

Statement That the Car is Sold “As is”

An “as is” statement is very important for people selling their own cars. It basically says you are giving no guarantees. You do not want to have something major happen to the car a month after the sale and then have the buyer take you to court because she/he said you said everything was great. Let the dealers give warrantees with their higher sale prices. You want the “as is” statement on your bill of sale for your future safety.

Odometer Statement as Part of a Bill of Sale

Many states require an odometer statement and in fact have one on the back of the title. The odometer statement tells the buyer the amount of miles on the odometer. Not only should you have your signature notarized on this statement, you should have the buyers signature notarized. You want him to publicly agree with you for the miles statement.

Bill of Sale Form Satisfaction Guaranteed

Whenever I buy something on the Internet, I make sure there is contact information with a toll-free 800 number and a Satisfaction Guarantee Statement. I suggest when buying a Bill of Sale Form on the Internet, you use the same policy.

Receiving Payment for Your Car

It’s a good idea to meet at your bank to sign paperwork and receive money. Ask for cash, wired funds, cashier’s check (be careful, some people are printing fraudulent cashier’s checks-call the bank. Use the number from the phone book, not the one on the check.), or a cleared personal check. Make sure all money is cleared before you sign the Bill of Sale. That is why you want cash, wired funds, or a cashier’s check—you want to sign the document while your buyer is with you and the funds instantly clear.

Use a document with all of these safety features and you and your buyer will be happy and secure and you will see a smooth transaction with no worries for the future.
Kurt DuNard, The Exceptional Life Coach, is the author of “EXCEPTIONAL LIFE: Living the Life You Were Meant to Live.” High achievers seek him out to pinpoint their soul’s goals, increase abundance, and find more happiness and joy. If you think you would also like these things, then receive your FREE success tools from Kurt DuNard now at www.DuNard.com.

Article Source:http://www.articlesbase.com/automotive-articles/bill-of-sale-choosing-the-best-form-to-sell-your-car-832782.html