A Maine vehicle bill of sale is a legal tool that records all the essential details about the vehicle sale and purchase. The bill of sale template will come in handy during the vehicle registration.
It’s also possible to complete the official vehicle bill of sale template provided by the Maine authorities. Both the seller and buyer must sign the document. A notary acknowledgment is optional for a Maine vehicle bill of sale.
Maine bill of sale templates – this section will let you learn more about other bills of sale that can be used in Maine.
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|Document Name||Maine Vehicle Bill of Sale Form|
|Other Names||Maine Car Bill of Sale, Maine Automobile Bill of Sale|
|DMV||Maine Bureau of Motor Vehicles|
|Vehicle Registration Fee||$35 (varies depending on license plate)|
|Bill of Sale Required?||Yes|
|Avg. Time to Fill Out||7 minutes|
|# of Fillable Fields||21|
Vehicle owners usually use motor vehicle bills of sale for registration, title transfer, and other DMV-related operations. If you’re considering buying or selling the car in Maine, you’re free to use the official bill of sale form recognized by the Maine state.
Below are some step-by-step instructions to help you fill out the form within minutes.
Step 1. Indicate the parties involved in the transaction
Type the name of the seller and buyer in print.
Step 2. Type in the selling price
You will need to define the purchase price that the buyer agrees to pay in exchange for the vehicle.
Step 3. Provide the vehicle description
In the next section, the seller must describe the vehicle they are about to sell. This information includes:
Step 4. Disclose the vehicle’s mileage
It’s also important to provide the accurate data about the vehicle’s mileage. You’re released from mentioning the odometer reading if it’s started at zero again or there’s an odometer discrepancy. In both cases, you need to check one of the boxes.
Step 5. Certify the active lienholders (if any)
The vehicle before the purchase should not have any active lien holder.
Step 6. Provide the seller’s information
In this section, it’s required to enter the seller’s address, the date of the signature, and sign the document. If there is more than one seller, it is necessary to provide a signature from both sellers.
Step 7. Provide the buyer’s information
Verify the information in the document, including vehicle details and odometer reading, and if everything is correct, sign the document. You also need to type in the buyer’s address and the date of filling out the form. If there is more than one buyer, you need to get signatures from both buyers.
Feel free to get a notary signature, although it’s an optional measure to ensure that no one will put this document under question.
Maine requires that all vehicles are registered to operate legally. Registration requires a few documents, one of which is the motor vehicle’s title. This includes details about the make and model of the vehicle along with the VIN and details about both buyer and seller. Both parties must sign the back of the title and print both their name and current address to complete registration. In addition to the motor vehicle title, buyers must also present the following documents to their local BMV:
With all of the documents prepared, new owners must personally present them at their closest BMV. Registration fees vary by vehicle type, but most passenger vehicles come with a fee of $35. Those with disabilities or specialized military plates (ex. Purple Heart or Prisoner of War) will pay no fees. Specialized or vanity plates are available for purchase at a minimum fee of $25. Other specialized vehicles for commercial use are charged by weight. In addition to registration fees, motor vehicles from 1995 and later come with a $33.00 title application fee. On top of the fees for registrations, residents in Maine should be prepared to pay a 5.5% sales tax on the purchase price of the vehicle unless otherwise paid. This could include out of state purchases where owners must show proof of payment of taxes in the state where the purchase was legalized.