A South Dakota vehicle bill of sale is a legal document used by sellers and buyers of motor vehicles to prove the legality of their private vehicle transactions. The bill of sale template is filled by both parties with their valid identifying data and details about the vehicle.
There is also Form MV-016 provided by the South Dakota Department of Revenue you can use when selling or buying a vehicle. The bill of sale is not required to register a vehicle by the new owner. Still, it’s highly recommended as additional legal proof of the deal’s legality and a record of the motor vehicle’s change of ownership.
South Dakota bill of sale forms – this section will help you read additional information on other bills of sale that can be used in South Dakota.
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|Document Name||South Dakota Vehicle Bill of Sale Form|
|Other Names||South Dakota Car Bill of Sale, South Dakota Automobile Bill of Sale|
|DMV||South Dakota Department of Revenue|
|Vehicle Registration Fee||$50.40-75.60|
|Bill of Sale Required?||Yes|
|Avg. Time to Fill Out||7 minutes|
|# of Fillable Fields||15|
Form 1025 is an official bill of sale document used for vehicle transactions in South Dakota. If you want to buy or sell your vehicle, having the bill of sale is the best way to make it right. Below you can find how to fill out this document correctly.
Step 1. Enter the vehicle information
The seller needs to indicate all the details regarding the vehicle they sell, including:
Step 2. Release the interest for the vehicle
In the statement section, the seller shows the desire to release the interest for the vehicle. To do this, you need to state the selling date and who you are transferring the vehicle to (the purchaser).
Step 3. Indicate the selling price for the vehicle
The following step is to indicate the vehicle’s purchase price.
Step 4. Type in the seller’s contact information
You are expected to specify such seller’s contact details, as:
Step 5. Sign the document
Lastly, the seller leaves their signature and date when the document is signed.
Form 1025 is the official Bill of Sale form for motor vehicles and boats in South Dakota.
Form 1001 is designed to register and title a motor vehicle or vessel.
Form 1021 (or Odometer Disclosure Statement) shows the odometer reading of a vehicle.
Form 1024 (also known as Seller’s Report of Sale) is used to notify the state about vehicle/boat transfer to another owner.
Vehicle’s registration in South Dakota is required within 30 days after the completion of purchase. To complete registration and obtain a new title of ownership for the vehicle, its new owner should visit a local County Treasurer’s Office and provide the following documents:
Form MV-608 should be filled and signed both by the new owner of the motor vehicle and an authorized agent. It includes the purpose of the application request, the vehicle information (VIN, year, make, model, color, previous state or brand, and the motor vehicle type, weight, and fuel type). The owner and address information is also provided in that application, along with the title mailing address information, contact information, and purchase information. The document ends with an unsworn declaration of correct information contained in the form.
Besides that, the vehicle’s new owner should pay all taxes and fees related to the purchase. All vehicles purchased in South Dakota are subject to a 4% motor vehicle excise tax, while mobile and manufactured homes are taxed at 4% of the initial registration fee. Registration fees for non-commercial vehicles include $75.60 (for those below nine years old) and $50.40 (for vehicles older than nine years). Registration of motorcycles requires paying $18 for the registration ($12.60 for those older than nine years).
License plates will cost the new owner $10 (an initial plate fee), while those who receive them by mail will have to pay an extra mailing fee of $5.
Vehicle inspection is not required for the registration. You do not need to submit emissions testing statements even if you bought a vehicle outside South Dakota.