Washington State law requires the REV 32 2501 to be completed whenever a used vehicle changes hands between private parties. Both the buyer and seller must sign the document before completing the title transfer at the Department of Licensing. Without this completed form, the state cannot verify the use tax that applies to vehicles purchased from private sellers who do not collect retail sales tax.
The form collects detailed information from both parties to create a clear legal record. Required fields include a full description of the vehicle (make, model, year, and VIN), the names and addresses of both the buyer and seller, the agreed-upon sale price, and a description of the vehicle's condition at the time of sale. Both parties sign under penalty of perjury, confirming that the sale amount listed is accurate and complete.
The Washington State Department of Revenue uses the declared amount to calculate use tax under Chapter 82.12 RCW. If the stated price falls significantly below standard market value, the department may assess use tax based on fair market value instead. The form may be subject to audit, and discrepancies can result in additional taxes, interest, and penalties. Completing all fields accurately protects both parties from future complications with the Department of Revenue.
After completing the REV 32 2501, buyers typically also need a vehicle purchase agreement as a private contract between parties, and a vehicle certificate of ownership to finalize the title transfer. Sellers may find a vehicle sale agreement form helpful for documenting the full transaction terms before the sale.
| Question | Answer |
|---|---|
| Form Name | Declaration Of Buyer And Seller Form |
| Also Known As | REV 32 2501, WA REV 32 2501 |
| Issuing Agency | Washington State Department of Revenue |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | wa seller, used vehicle form, washington value, 32 2501 |