Idaho Vehicle Bill of Sale Form

An Idaho motor vehicle bill of sale (Form ITD 3738) is an official document that proves that a motor vehicle’s selling and buying transaction happened legally. This form contains details concerning the vehicle’s buyer and seller. It also includes information showing the change of ownership and any other details necessary to protect the two parties of the deal.

Under some circumstances, this form needs notarization to verify its information. Otherwise, the relevant authorities will reject it. Thus, it’s prudent for both sides not to sign it until they appear before a notary for witnessing and identification. In other cases, the seller needs to provide an odometer for the motor vehicle they wish to dispose of. Moreover, a bill of sale serves as proof of ownership transfer.

Idaho bill of sale templates – consider some other bills of sale used in Idaho.

Motor Vehicle Registration in Idaho

Motor vehicle registration laws in Idaho require titling before duly registering a vehicle. It’s also possible to title and register a vehicle on the same day. However, the titling should precede the registration process. You can register your motor vehicle by visiting your nearest Idaho Transportation Department offices across the state. You only have to present yourself in person to any of these offices with the relevant documents. File the following documents and meet these requirements to register a vehicle in Idaho:

  • Complete an Application for Certificate of Title.
  • If you want to register a motor vehicle from another state for the first time, the law requires you to complete a VIN or vehicle identification number form.
  • Produce a bill of sale as proof of ownership transfer.
  • The law also requires you to produce a photo identification, which could be either a Driver’s License or State ID.
  • A motor vehicle title.
  • Proof of motor vehicle insurance that meets each of Idaho’s legal requirements.
  • Lastly, prepare to pay all the stipulated fees before you complete your motor vehicle registration.

Besides the personal details an Idaho vehicle bill of sale contains about the buyer and seller, you will need to include this information:

  • Identification number;
  • Title number;
  • The vehicle’s make, model, year of manufacture, weight, width, and VIN.

The form should also include an odometer reading that proves the vehicle’s actual mileage. If the vehicle lacks an odometer, the bill should show if it has exceeded its mechanical limits. It’s also mandatory for the bill to show that the seller has agreed to sell the vehicle at a given date for a specific price. If the automobile has a lienholder, the bill should also state their name and address.

The vendor should agree to give the buyer a release of liability statement within five days after selling the motor vehicle. The seller’s signature proves they understand that they will face felony charges if they give any false details on the bill. Thus, truthfulness and transparency are mandatory when filling this critical document. Moreover, the buyer should sign this document knowing that they should apply for the vehicle’s title within 30 days. Otherwise, they will be penalized for late application.

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Download your fillable Bill of Sale template in PDF, .doc, or .odt formats

How to write Idaho Vehicle Bill of Sale

The completing recommendations are intended around the bill of sale template created by us. Yet, if there’s a form supplied by your local officials, it’s advised to choose it during the deal.

Step 1: Specify when the document is created and filled out.

Step 2: Type in the buyer’s and seller’s information:

  • Full legal name
  • Street address
  • City of residence
  • State of residence
  • Zipcode
  • Telephone number
  • Email

Step 3: Type in the descriptive details of the automobile:

  • Make
  • Vehicle’s model
  • Vehicle’s body style
  • Year
  • Odometer record
  • Color
  • Identification Number (also known as VIN)

Step 4: Indicate the transaction method and selling price.

This part also involves specifying the exact date of the purchase and the full amount approved by all parties of the transfer. As soon as that is concluded, you will need to indicate the method of transaction:

  1. The whole sum at once. Absolutely nothing complicated here: the property owner gets the entire sum from the buyer in one payment and presents the automobile to the purchaser within the same day.
  2. Trade-in. This choice will allow the buyer to trade their car (usually with a supplement) for the seller’s vehicle. You’ll also have to include the information about the buyer’s vehicle.
  3. Installment payments. With this particular method, you need to indicate the dates when the purchaser has to deliver the first and the final payments, together with their sums.

Then, specify how the purchaser pays:

  • Cash
  • Cheque
  • Cashier’s check
  • Money order

Lastly, indicate whether the purchase price contains all applicable taxes.

Step 5: Look at miscellaneous provisions.

They usually state that the buyer obtains the object sold in “as-is” condition and is liable for it after the purchase is finished.

Step 6: Now, the bill of sale must be signed.

The buyer’s signature is typically not mandatory. Yet, you will end up more protected against legal complications if both parties sign the document. As an additional precaution, you can have one or two individuals witness the process and sign the bill of sale.

Step 7: Have a notary public attest the document

Although notarization is almost never necessary, it functions as an additional way to safeguard against legal difficulties.

In the majority of states, a bill of sale could be required for title change, so the buyer needs to keep the original. There are two approaches here: you need to either fill out and sign two identical documents or get a copy for the seller to keep.

Published: Sep 17, 2020