Louisiana Vehicle Bill of Sale Form

When two parties participate in an exchange of property of a motor vehicle in Louisiana, they will need a Louisiana bill of sale and vehicle title. This acts as a sales receipt, both proving the legal sale and purchase and transfer of motor vehicle title between the two said parties. Included on the form are both buyer and seller details along with the vehicle identification number (VIN) and price of purchase. For compliant completion, the bill of sale example must be completed and signatures witnessed by a notary public. All bill of sale forms notarized after August 1, 2012, must include a photo of the owner’s driver’s license, both valid and current.

In the state of Louisiana, a Notice of Vehicle Transfer form (form DPSMV1697) must be completed and turned in no later than five days after the date of purchase. From there, new owners have 40 days after the notarized date of purchase to register their new vehicle to avoid additional fees or penalties.

Louisiana bill of sale forms – find out more about bills of sale used for other property types in Louisiana.

Registering a Vehicle in Louisiana

Registrations require presence at the closest Office of Motor Vehicles (OMV) and presentation of required documents. These include:

  • A completed Vehicle application form (DPSMV 1799)
  • Valid driver’s license
  • Proof of liability insurance coverage
  • Proof of inspection
  • Completed bill of sale form (with signatures of both parties, VIN and odometer reading)
  • Notarized and signed title
  • Registration and titling fees (see details below)
  • Odometer reading (on vehicles 10 years old and under)

At the time of registration, new owners should be prepared to pay between 4% and 9.5% of taxes on the value of the motor vehicle. Registration and title fees vary by county but do not exceed $8. Depending on the county of the new owner, they may be subject to additional taxes as per local requirements. Both active military and those who paid out of state taxes are exempt from motor vehicle taxes. Military members must show proof of taxes paid at the time of purchase and a copy of either military ID and or military orders to qualify.

Specific requirements vary by county, some of which require an additional smog inspection. The vehicle must comply with the safety and emissions regulations put forth by the state of Louisiana. In the state of Louisiana, license plates are not transferable. Therefore, a set of standard license plates is included with registration unless otherwise specified. Specialty plates come with a minimum $25 fee added to all registration costs.

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How to write Louisiana Vehicle Bill of Sale

The completing guide was developed for the bill of sale form created by us. Yet, it is best to consider the official form if it is provided by the local authorities.

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

Step 2: Type in the purchaser’s and seller’s particulars:

  • Full legal name
  • Home address
  • City
  • State of residence
  • Area code
  • Telephone number
  • Email address

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

  • Make
  • Vehicle’s model
  • Vehicle’s body type
  • Model year (MY)
  • Distance traveled (odometer reading)
  • Color
  • Vehicle Identification Number (VIN)

Step 4: Indicate the transaction method and total price.

This part also involves providing the exact date of the transaction and the entire sum decided upon by both parties of the deal. After that, pick one sale method:

  1. Delivering the whole sum as a one transaction. This one is rather simple: the purchaser pays the entire cost in one payment and has the motor vehicle delivered to them within a day.
  2. Trade-in. If this option is chosen, the selling party trades their vehicle for the motor vehicle offered by the purchaser. If the buyer’s motor vehicle is cheaper, they will have to even that out with an additional payment. In this case, the bill of sale should also include the buyer’s vehicle specifics.
  3. In installment payments. With this particular method, you must indicate the dates when the purchaser has to provide the initial and the final payments, along with their amounts.

After that, select one transaction method:

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

As a final point, specify whether the purchase cost contains all applicable taxes.

Step 5: Go through the miscellaneous terms.

This part typically has the “as-is” provision that means the item is sold with no warranties.

Step 6: Sign the bill of sale.

The buyer’s signature is generally not mandatory. Nonetheless, it is advised to have the bill of sale signed by both parties. You may additionally have one or a number of witnesses attest the deal.

Step 7: Use the assistance of a notary public

Using this method, you will get even more legal protection. However, this step is usually completely optional.

The original bill of sale copy should be presented to the purchaser because they are going to require it to receive a title to their newly bought car. There are two approaches here: you must either fill out and sign a pair of identical bills of sale or get a copy for the seller to have.

Published: Sep 17, 2020