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

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How to use or fill out Bill of Sale for Automobile or Vehicle including Odometer Statement and Promissory Note - Rhode Island

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the purchase price in the designated field. This is crucial as it reflects the agreed amount between buyer and seller.
  3. Fill in the buyer's and seller's names, ensuring accuracy for legal purposes. Include signatures where indicated.
  4. Complete the vehicle details: Make, Model, Body Type, VIN, and Year. This information is essential for identifying the vehicle being sold.
  5. In the Odometer Disclosure Statement section, state the current mileage accurately. Choose one of the options regarding odometer discrepancies if applicable.
  6. For the Promissory Note, specify payment terms including total amount, interest rate (if any), and payment schedule. Ensure both parties sign this document.

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Can a bill of sale be handwritten? While it is common to present a bill of sale in a digital format, you can also create a handwritten bill of sale. Whats most important is to include all of the pertinent details in the bill of sale in order to protect both parties.
What should you include in your vehicle bill of sale? Date of sale. Purchase price. Payment structure (whether the purchase price was paid in full or in installments) Payment method (cash, check, card) Odometer reading from when the sale took place. Make and model of the car, including model year and color.
The Rhode Island Vehicle Bill of Sale is used to officially document the sale of a vehicle. It includes details such as seller and buyer information, vehicle specifics like year, make, model, VIN and mileage as well as the sale price.
Rhode Island requires a bill of sale to be filled out by the buyer and the seller for private vehicle purchases. However, the Rhode Island DMV does not have an official bill of sale form. You can use a generic bill of sale form from a source like LegalZoom.
Frequently asked questions The buyers name, sellers name, their addresses, and drivers license numbers. The vehicle information, including its license plate, model year, and body type. The sales price/purchase price. The purchase date. The vehicle identification number (VIN)

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A promissory note for a car loan is a legal contract between the car seller and buyer in which the buyer agrees to terms for the cars repayment. It specifies the principal amount due, repayment schedule, interest rate, security for the seller, and additional details to make the terms of the sale concrete.

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