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If your item is a gift or a partial gift the bill of sale can state the reduced price. Most of the time that a vehicle is sold especially without an existing warranty the vehicle condition will be listed As-Is which means that.
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Another good procedure when transferring the California vehicle title is to have a bill of sale and to also make sure to have the condition of the vehicle listed on both the title and bill of sale.
. For instance if you are selling a car your bill of sale should mention the year make and model vehicle identification number current mileage and license plate number. Your bill of sale should also state the price the item is being sold for. If the car is a gift or partial gift you should still create a bill of sale.
By State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma. State Motor Vehicle Forms. Indicate that the car is a gift or a partial gift and state the reduced price if any money changed hands.
MV-0003 Affidavit of Purchase Price Trade or Gift PDF MV-0026 Security Agreement PDF MV-0029 Statement of Fact for Dealer Appraisal PDF MV-0032 Gross Vehicle Weight Declaration PDF MV-0040 Dealer Drop Off Receipt PDF MV-0042 Runner Agent Authorization Form PDF MV-4 Bill of Sale PDF.
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