Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note - Wisconsin 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with the Bill of Sale section. Fill in the purchase price, buyer(s) name, and seller(s) name. Ensure all names are printed clearly.
  3. Complete the vehicle details: Make, Model, Body Type, VIN, and Year. This information is crucial for identifying the vehicle being sold.
  4. In the Odometer Disclosure Statement, state the current odometer reading and check any applicable statements regarding mileage discrepancies.
  5. Fill in both transferor (seller) and transferee (buyer) information accurately to ensure proper ownership transfer.
  6. For the Promissory Note, specify the loan amount, interest rate (if any), payment schedule, and terms regarding default. Ensure all parties sign where indicated.

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Complete Title and Registration Application form (online with MV1 Application or download MV1) using the plate number you want to transfer. Included will be a summary sheet explaining how to submit all documents and payment. This form must be signed by the current owner on record.
Seller is not required to collect Wisconsin state, county and/or city sales or use tax on their sale of the motor vehicle. Buyer must pay the applicable Wisconsin state, county, and/or city sales or use tax at the time Buyer registers or titles the motor vehicle.
What does an exempt status mean? It means the vehicle is exempt from odometer disclosure due to age (model year 2010 or older), vehicle type (e.g. trailer), or weight (registered or gross vehicle weight rating over 16,000 pounds). The seller is not required to report the mileage from the odometer.
Heres how to get a car title: Go to your DMV with your bill of sale and any other required identification documentation. Buy a surety bond, which ensures your vehicle is clear of any problems, allowing you to be listed as the new owner. Secure a bonded title. Register your vehicle.
Some states require a bill of sale for a private vehicle transaction, but Wisconsin is not one of them. However, theres a bill of sale on the bottom of the Instructions for Selling a Vehicle form which we recommend filling out and making a copy for both the buyer and the seller.

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You may draft your own bill of sale including such information as: Make, year, model, vehicle identification number and an odometer reading for the vehicle. Name, address and telephone number of the buyer. Name, address and telephone number of the seller. Signatures of both buyer and seller. Selling price and date sold.

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