Minnesota Vehicle Bill of Sale

More and more new car owners in Minnesota are expected to register their car, and one requirement for this registration is a Minnesota vehicle bill of sale. Luckily for you, you can draft one right now using our Minnesota vehicle bill of sale template. Our template has provisions for entering the payment made, date of payment, vehicular information and all other information that can help you claim rights to the bought vehicle.

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Minnesota Vehicle Bill of Sale

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Minnesota Vehicle Bill of Sale

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A bill of sale is critical whenever you transfer your property or sell or rent your vehicle for safety purposes.

It is a legal document that acts as a witness for your property or rent and provides complete information about the date, the place where possession is transferred from the owner to the buyer, and the amount of money or any other value given to the buyer.

Minnesota is a state where legal documents of vehicle bills of sale are approved for cars, buses, trucks, bikes, vans, and large trailers. The vehicle bill of sale protects both parties from any kind of fraud or misunderstandings that may arise in the future.

How to Register a Vehicle in Minnesota?

Registering your vehicle in Minnesota is not complicated and you don’t need to worry about selling your car. The registration must be filed within 15 days.

The first thing required to register your vehicle in Minnesota is your vehicle title and driver’s license. If you have lost your vehicle title, your most recent registration form will be sufficient.

However, if there is more than one owner provided on the vehicle title, only one must be present in person at the Minnesota Driver and Vehicle Services. You can also register your vehicle by mail.

Proof of insurance must also be provided by anyone wanting to register, re-register, or transfer their ownership, according to the law.

You must also complete an application where you will have to provide information about the owner, the buyer, and the vehicle to register your vehicle. This application will be sent to the State of Minnesota to transfer your registration of the vehicle to Minnesota.

Taxes and fees will also be paid by you at the time of registration of your vehicle. The best way to obtain the exact prices is to present the vehicle title and all necessary documents to a License Center Representative.

Download a Free Minnesota Vehicle Bill of Sale Template Today

Download, customize, and create your Minnesota bill of sale in a matter of minutes. Use our Minnesota vehicle bill of sale template for this purpose. They are standard and drafted in line with the state’s guidelines regarding a vehicle bill of sale.

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What Is Included in Minnesota Vehicle Bill of Sale?

A bill of sale is very beneficial for both the sellers and the buyers as it provides complete and legal proof of the transaction that has taken place. A vehicle bill of sale mn includes the following information about the vehicle, the buyer, and seller:

Time, date, day, month, and year of the sale.
The sale price of the vehicle.
Names, addresses, and contact numbers of both the buyers and the sellers.
The complete description must be provided about the vehicle’s make, color, body type, model, and year.
Date of purchase of the vehicle.
Vehicle identification number.
Signature of both sellers and buyers.

How to Sell a Vehicle in Minnesota?

Selling your car in Minnesota requires you to go through a complete process for security reasons and to ensure the proof of the transaction. Specific documents and paperwork must be filled at the Minnesota Driver and Vehicle Services office by both the sellers and the buyers.

Both the buyers and the sellers must fill the information that has been required by the State of Minnesota. The vehicle title will be signed over to the buyer, and he will be the owner of the vehicle title.

In addition to the information provided above, you will have to give information on the odometer disclosure and damage disclosure if your car is six years or older.

If the seller has no proof of ownership of the vehicle, the State of Minnesota can help with this issue and can also issue a title if the rules and specifications are completed. The State of Minnesota requires the seller to provide a vehicle history report and report of sale.

If you are willing to sell your vehicle online, 10-15 pictures must be provided on the social media platform along with a detailed description and sale price of the vehicle. You can then meet the buyer in person and sell your vehicle!

Download a Free Minnesota Vehicle Bill of Sale Template Today

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Conclusion

By the end of this article, you must have been rest assured that registering and selling your car is not that complicated in Minnesota. Vehicle bill of sale ensures the safety and security of your vehicle through legal and written documents.

For different types of vehicle bill of sale templates, you can visit CocoSign to get free samples. So, always sell and buy your vehicle through a complete process as provided in this article so that you can stay away from any kind of fraudulent tactics.

DOCUMENT PREVIEW

MINNESOTA VEHICLE BILL OF SALE

LOCATION OF SALE.

This bill of sale was created on the ____ day of ________________, 20____ in the County of _________________________, State of _________________________.

THE PARTIES.

Buyer’s Name: ____________________________________ with a mailing address of

_____________________________________________________________ ("Buyer").

Seller’s Name: ____________________________________ with a mailing address of

_____________________________________________________________ ("Seller").

The Buyer and Seller hereby agree as follows:

THE EXCHANGE.

(check one)

☐ - Cash Payment. The Buyer agrees to pay $_______________ (US Dollars) to the Seller.

☐ - Trade-in. The Buyer agrees to pay $_______________ (US Dollars) and trade-in their vehicle described as (trade-in vehicle):

Make: _____________ Model: _____________ Body-Type: ____________

Year: _____________ Color: _____________ Odometer: _____________ Miles

☐ - Gift. The Seller is giving the vehicle as a gift to the Buyer. The value of the vehicle is $_______________ (US Dollars).

The above-checked selection is in exchange for the possession and ownership of the

motor vehicle described in Section 4.

VEHICLE DESCRIPTION

Make: _____________ Model: _____________ Body-Type: _____________

Year: _____________ Color: _____________ Odometer: _____________ Miles

Vehicle Identification Number (VIN): __________________________ (17 Characters)

TAXES.

All municipal, county, and State taxes in relation to the purchase of the vehicle, including sales taxes, are ☐ included ☐ not included in the purchase price.

BUYER AND SELLER CONDITIONS

The undersigned Seller affirms that the above information about the vehicle is accurate to the best of their knowledge. The undersigned Buyer accepts receipt of this bill of sale and understands that the above vehicle is sold on an “as is, where is” condition with no guarantees or warranties, either expressed or implied.

AUTHORIZATION.

Buyer Signature: ________________________________ Date: _________________

Print Name: ________________________________

Seller Signature: ________________________________ Date: _________________

Print Name: ________________________________

ODOMETER DISCLOSURE STATEMENT

FEDERAL and STATE LAW requires that you state the mileage in connection with the transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.

I/We, __________________________ certify to the best of my knowledge that the odometer reading of _____________ Miles.

The actual mileage of the vehicle is accurate, unless one (1) of the following statements is checked:

☐ - I hereby certify that the odometer reading reflects the amount of mileage in excess of its mechanical limits.

☐ - I hereby certify that the odometer reading is not the actual mileage. WARNING – ODOMETER DISCREPANCY

Buyer Signature: ________________________________ Date: _________________

Print Name: ________________________________

Seller Signature: ________________________________ Date: _________________

Print Name: ________________________________

NOTARY ACKNOWLEDGMENT

State of ______________________

County of ______________________

On __________________________ before me, ______________________ (name and title of officer), personally appeared ______________________, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that she/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of ______________________ that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Notary Signature: ________________________________ (Seal)

Print Name ________________________________

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