Moped Bill of Sale Form

When you want to sell your moped or scooter, it is essential to incorporate a moped bill of sale. It is a document that proves the transaction between the buyer and seller. The contract prevents illegal deals since both parties transact without any complications of ownership or malice. They must sign an agreement that shows the details of the vehicle such as the inspection date, purchase price, date of sale, and payment terms.

The moped bill of sale is a legal contract that binds the buyer and customer by preventing fraudulent intentions in the sale.

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Why Use a Moped Bill of Sale?

Most people may prefer to sell their scooters without using legal contracts for a quick sale, especially between close friends or family. While it may seem convenient, you should still use a moped bill of sale for security reasons and record-keeping purposes. In case the seller comes back with false claims, the bill of sale is tangible evidence that displays the details of the deal. The document cushions both parties from illegal dealings.

After a successful transfer of ownership, the new owner is liable for the moped and cannot withdraw the agreement in case of any malfunction.

Moped Bill of Sale Form Details

Document Name Moped Bill of Sale Form
Other Name Scooter Bill of Sale
Avg. Time to Fill Out 12 minutes
# of Fillable Fields 70
Available Formats Adobe PDF; Microsoft Word

Can I Create Moped Bill of Sale Online?

There is no need to visit a law firm to get a scooter bill of sale since you can download it online. Our site has ready-to-print bill of sale templates that you can customize to fit your transaction. Do not pay the lawyer for a costly agreement form while you can get it for free on our website. It is a free document that you can use to sell moped with ease and convenience. Fill in all the details as per your agreement – names, model, purchase price, condition, etc. Generate the document and make copies when preparing for the sale after filling the form. Save the endless trips to your lawyer and get a top-notch customized template free of charge.

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How Do I Sell My Moped?

If you want to put your moped up for sale, it is essential to use a bill of sale form as a handy document stipulating all of the details of the deal. Below are the steps to follow:

Step 1. Repair the Moped

Moped-Bill-of-Sale-Repairing-the-Moped

Ensure that your moped is in good condition before you put it up for sale. No potential buyer will be willing to purchase a faulty moped. Hence, find time to take it to the garage for repairs and later clean it up to make it attractive. It will give you an upper hand during negotiations on the amount.

Step 2. Advertise

Moped-Bill-of-Sale-Advertising

Take professional photographs of the moped from all angles and start placing advertisements for the sale. You can opt for online ads on Craigslist.org or on various social network sites, local newspapers, or word of mouth to your friends and family members. Let people around your community know that you are selling your moped for a good price. It will bring you closer to your prospective customer.

Step 3. Gather Registration Documents

Moped-Bill-of-Sale-Gathering-Registration-Documents

Just like a car, a scooter has a registration number and title ownership. Ensure that you have all of the relevant documents for presentation to the potential buyer. Although you do not require a driving license to use a scooter, it needs to be registered with the state. Thus, prepare all the ownership documents for transfer before meeting up with the buyer to ensure a smooth transaction.

Step 4. Negotiate With Potential Buyers

Moped-Bill-of-Sale-Negotiating-with-Buyers

Prospective purchasers will request to inspect the scooter before signing the agreement. So, set a date for the buyer to view the moped and see whether it is in good condition. It will create a good rapport with the seller and boost the chances for a successful sale. Negotiate the purchase price with the customer and prepare to finalize the deal.

Step 5. Finalize the Bill Of Sale

Moped-Bill-of-Sale-Finalizing-the-Document

After negotiating, it is now time to fill the purchase agreement. The following details should be on the moped bill of sale form:

  • The date of the deal
  • The name and address of the buyer and customer
  • Information about the moped such as the registration number, model, make (cc), year, color, odometer reading, and current condition
  • Price of the moped
  • Inspection date
  • Payment date
  • The signatures of the buyer, seller, and witnesses plus the date

You can also seek the certificate of acknowledgment from a notary public to seal the deal. As the new owner, ensure that you register the scooter or moped with the state.

How to write a Moped Bill of Sale?

Below, you can take a look at the guidelines developed by drawing upon the moped bill of sale template created by our professionals. We highly recommend using the local official version when possible.

Step 1: Specify when the document is created and filled out.
Step 1 to filling out a moped bill of sale - name

Step 2: Enter the information of both parties (buyer and seller):

  • Name
  • Street
  • City of residence
  • State
  • Postal code
  • Telephone number
  • Email
    Step 2 to filling out a moped bill of sale sample - particulars

Step 3: Describe the moped or scooter being sold:

  • Make (manufacturer)
  • Model
  • Year
  • Distance (odometer reading)
  • Color
  • Vehicle Identification Number (VIN)
  • Registration Number
    Step 3 to filling out a moped bill of sale form - description

Step 4: Select the way the buyer will pay for the moped and for what amount.

This step also requires specifying the date of the purchase and the entire sum approved by both parties of the transfer. Once that has been concluded, you need to check the way of purchase:

  1. One-time transaction. One of the more simple choices: on the same day, the purchaser has the motor vehicle transported to them and pays off the whole amount.
  2. Trade-in. In the event that this option is picked, the selling side trades their moped for the motor vehicle offered by the purchaser. If the purchaser’s vehicle is lower in value, they will need to even that out with an extra payment. The buyer’s vehicle description must also be in the moped bill of sale.
  3. Installments. Using this method, you have to indicate the dates when the buyer has to provide the initial and the final payments, as well as their sums.
  4. Gift with no consideration. This option is the seller giving a gift to the purchaser without any form of payment.

Following that, pick one transaction method:

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

Finally, specify if the purchase price contains all applicable taxes.
Step 4 to filling out a moped bill of sale template - way of payment

Step 5: Go over standard terms and ensure both parties understand them.

The seller confirms that they are indeed the owner of the moped described in the document and they have the right to sell it based on the price in the form. The seller also confirms that there are no liens on the moped and that the information provided in the Bill of Sale is true, accurate and complete to the best of their knowledge

This part normally includes the “as-is” paragraph that means the moped is purchased without a warranty.
Step 5 to filling out a moped bill of sale form - standard terms

Step 6: Sign the bill of sale.

The consumer’s signature is typically not required. But, you’ll be more protected against legal complications if both parties sign the bill of sale form. As an insurance policy, the parties can choose somebody who’ll witness the deal and sign the form as well.
Step 6 to filling out a moped bill of sale example - signature

Step 7: Notarize the document

Despite the fact that notarization is rarely obligatory, it acts as yet another way to guard against legal problems.

The original bill of sale copy must be given to the buyer as they might require it to obtain a title to their newly bought vehicle. There are two approaches here: you must either complete and sign two identical bills of sale or get a duplicate for the seller to keep.
Step 7 to filling out a moped blank bill of sale - notarization

Published: Sep 15, 2020
Mara Erlach
Mara Erlach
Writer & Attorney
Mara has been practicing estate planning and trust law in California since 2003, taking pride in helping clients of all backgrounds and asset profiles form a complete and customized estate plan. Her specialties are: estate planning, wills and trusts, trust and probate administration.