New Jersey Vehicle Bill of Sale Form

Registering a Vehicle in New Jersey

There is no state mandate for the completion of a vehicle bill of sale in private deals with motor vehicles. The only mandatory requirement is the transfer of ownership title and a signature on the reverse side of the title about the change of ownership. The bill of sale form is required in cases when the Certificate of Ownership is absent (when the purchase is made in states not requiring the title).

Upon the completion of the private deal, the seller must remove their plates from the motor vehicle and submit them to a local Motor Vehicle Commission office (in case they don’t transfer the plates to another vehicle). The seller should also sign the title of ownership document and provide it to the new owner together with a completed bill of sale template – both serving as the proof of the new owner’s rights for the motor vehicle.

Registration of a motor vehicle by a new owner cannot be done by mail, with the buyer required to visit a local motor vehicle agency of the New Jersey DMV to present the following documents:

• The title of ownership signed by the buyer and seller (on its reverse side)
• An Odometer Disclosure Statement (form OS/SS-2 in New Jersey) signed by the seller
• The original driver’s license or Entity Identification Number (EIN), formerly known as Corpocode
• A complete Vehicle Registration Application (form BA-49)
• Receipts of all taxes and fees paid to the state
• An active insurance card issued by a New Jersey provider
• ID and proof of residence
• A completed and signed bill of sale (optional)

The registration process should be completed within ten days after the actual sale date. Otherwise, the new owner will have to pay a $25 fine for the delay in registration.

In case a person different from the purchaser signs the documents for the deal, the registration of a motor vehicle with the new owner is possible only by providing the Power of Attorney (POA) document.

Fees and taxes for the sale of a motor vehicle and its registration with the new owner include the titling fee (fixed at $60 for standard cases, $85 for financed vehicles with one lien, and $110 for financed motor vehicles with two liens), the registration fee (calculated depending on the vehicle’s category), and the sales tax fee calculated based on the vehicle’s estimated value.

How to write New Jersey Vehicle Bill of Sale

The guidelines below are based on our custom-made bill of sale form. We highly suggest using the local official version if possible.

Step 1: Specify the date when document is created.

Step 2: Provide the specifics of each party (seller and purchaser):

• Full name
• Street address
• City
• State
• Zip code
• Contact number
• Email address
  

Step 3: Enter the descriptive particulars of the car or truck:

• Manufacturer
• Vehicle’s model
• Body style
• Model year (MY)
• Odometer measurement
• Color
• VIN
  

Step 4: Specify the transaction method and price.

This part also requires providing the date of the purchase and the full amount approved by both sides of the transfer. As soon as that is handled, you need to specify the way of transaction:

1. The entire amount straight away. Definitely nothing hard here: within the same day, the buyer gets the vehicle transported to them and pays off the whole sum.
2. Trade-in. Using this option, the property owner agrees to trade their car for the buyer’s motor vehicle with an extra payment from the purchaser. The buyer’s motor vehicle details must also be in the bill of sale.
3. Installment payments. With this method, you need to enter the dates when the purchaser must provide the first and the final payments, as well as their amounts.

After that, choose one transaction method:

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

Lastly, check if the purchase amount contains all applicable taxes.

Step 5: Look at miscellaneous provisions.

The “as-is” provision states that the seller gives no warranties and is not liable for maintenance after the transaction.

Step 6: Now, the document must be signed.

The buyer’s signature is generally not needed. Yet, you’re more protected from legal problems if both parties sign the form. Just to be on the safe side, the parties could choose a person who will witness the deal and sign the bill of sale too.

Step 7: Use the help of a notary public

With this, you will have more legal protection. However, this step is usually entirely optional.

The original document copy must be given to the buyer since they’ll require it to get a title to their newly bought car. As a seller, you can either get a copy and store it or have a pair of identical documents signed and filled out by both parties.