Promissory Note in Connection with Sale of Vehicle or Automobile - Illinois 2025

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Selling a Used Vehicle Give the buyer a valid title at the time of deliv- ery. The seller must sign and date the title when the sale is final. A dealer must send the title, transfer and sales tax to the Secretary of States office to be transferred to the buyer.
Any vehicle bill of sale template or document you create should include the following information: The sellers name and contact information. The buyers name and contact information. The vehicle make, model, year, color, VIN, and odometer reading. The date of the sale. The purchase price. Signatures of both parties.
Technically, no. However, having a Bill of Sale is always a good idea as it protects both the seller and the buyer of the vehicle. Also, dont confuse the Bill of Sale with a Notice of Sale, which all sellers of private vehicles are legally required to submit to Illinois Vehicle Services department.
The document should include the full names and addresses of both parties, a detailed description of the vehicle (including make, model, year, and VIN), and a clear statement that the vehicle is being transferred as a gift with no payment exchanged.
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