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

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Vermont Bill of Sale Requirements Any time you buy or sell a car or motorboat in Vermont, the state requires a bill of sale. You can use a state-provided bill of sale form or create your own, as long as the final document has all the information on the buyer, seller, and item.
When creating a Vermont bill of sale for a motor vehicle, include the vehicles make, model, identification number (VIN), odometer reading, purchase price, and the signatures of both the buyer and seller. It will streamline Vermont registration, creating an easy transfer of ownership.
The document, officially called the Bill of Sale and Odometer Disclosure Statement (Form VT 005), is provided by the DMV to record the vehicles specifics, current odometer reading, and transaction details. It is a required form for registering a vehicle sold between private parties.
Your Vermont registration certificate is your ownership document for this vehicle. If you sell this vehicle, provide the buyer with your Vermont registration certificate and a signed bill of sale. The new owner will obtain a title when they complete their registration.
The safest payment method for private car sales is usually a direct bank transfer (wire transfer), which requires the buyer to transfer funds from their bank account to yours. Once your bank has confirmed that the funds have cleared, you can transfer vehicle ownership.

People also ask

How to Sell a Car in Vermont Step 1: Allow the buyer to have the car inspected by a third party. Step 2: Organize and gather all related vehicle documentation. Step 3: Bill of Sale. Step 4: Transfer the title. Step 5: Remove your plates and cancel your insurance.
How Do You Register For Sale By Owner Cars in Vermont? Step 1: Obtain a Bill of Sale. Step 2: Obtain the Car Title. Step 3: Obtain Insurance. Step 4: Complete the Registration Application. Step 5: Get an Emissions Test. Step 6: Pay the Registration Fee. Step 7: Get License Plates. Step 8: Submit the Registration.
In Vermont, the registration on a 15+-year-old car itself constitutes proof of ownership. That is, the registration on these cars serves the same function as a title. And you dont even have to be present in Vermont to register your car. You can register your car in Vermont by mail using only a bill of sale.

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