Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note - Virginia 2025

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The Odometer Disclosure Statement is a legal document designed to record and declare the accurate mileage of a vehicle during a change of ownership. This form is particularly crucial for vehicles that are less than 10 years old and is mandated by federal law in the United States.
Provide the name and address of the buyer/recipient. Fill out the odometer reading using the odometer reading from the vehicle (do not guess or estimate) Enter the date of sale. Fill out the sale price section with either the sales price or write gift as the sale price if youre donating the vehicle.
Proof of purchase price, such as a buyers order, bill of sale or the sellers declared sale price on the title. Note: The bill of sale can be a handwritten statement signed by the seller and purchaser OR a Vehicle Price Certification signed by the seller or purchaser.
Legally, you can even have a hand-written bill of sale in Virginia if it contains the same information. Many sellers and buyers notarize the Bill of Sale.
The state requires that the transferred title include a purchase price. If that isnt possible, you may submit a bill of sale as alternative documentation. You can use the state-provided Vehicle Price Certification (Form SUT-1) if the car or truck is more than five years old.

People also ask

When you write a bill of sale you should make sure to include the following: Date of purchase. Seller name and address. Buyer name and address. Vehicle description, including make, model, year, vehicle identification number (VIN), and license plate number.

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