Bill of Sale of Automobile and Odometer Statement - Iowa 2025

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State and federal law require the seller to disclose the mileage to the buyer. In Iowa, this is done on the title document. Other states may allow this to be done electronically if they have adopted an online electronic odometer disclosure system.
Buying a Used Car from a Private Seller in Iowa Find a car. Agree on a price. Take the car for a test drive. Handle paperwork. Pay the seller. Transfer ownership. Register the car. Get new license plates.
Bill of Sale and Other Sales Documentation Sale Date: Specific date when the sale occurred. Vehicle Details: Make, model, year, and VIN. Buyer and Seller Information: Full legal names and contact details. Sales Price: Agreed selling price of the vehicle. Condition Statement: Current condition and any known issues.
If there is a lien against the vehicle, it should be noted on the application. As of January 1, 2022, a bill of sale is required per Iowa Department of Revenue.
Search for the check or credit card receipt used, to prove the payment was processed. Get information from the prior owner. Follow up with the previous owner to request documentation they may have filed to relinquish legal ownership. Follow the communications trail.

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The two main documents involved in major sales, like the purchase of a vehicle, are the bill of sale and the title. These are different documents, but they are equally important and, in most cases, both are required.

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