When you sell or buy a vehicle, you’ll want a Bill of Sale. This serves as a legal contract from the seller to the buyer documenting the transaction so a Bill of Sale Form is needed if the buyer of a vehicle wants documentation of the sale and/or the seller wishes a receipt of the sale.
The following information should appear on the Iowa Bill of Sale Form:
– Name and address of the seller.
– Name and address of the buyer.
– Vehicle description, including Vehicle Identification Number (VIN), make, model, year.
– The purchase price.
– Date of sale.
– Signature of the seller and the buyer.
You may use the Bill of Sale Form from the Iowa State County Treasurer’s Association or you may write up your own. The county treasurer may require the Bill of Sale Form to be notarized. Please contact your county treasurer before submitting this document.
Federal law and State law require that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment! You can submit here an online odometer disclosure statement: Odometer Disclosure Statement
For more information go to Iowa Department of Transportation – Motor Vehicle Division
The Iowa Department of Transportation advocates for and delivers a modern transportation system that provides pathways for the social and economic vitality of Iowa, getting the customer’s where they need to go safely, efficiently, and conveniently.