car bill of sale printable |
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car bill of sale
printable
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A little more information about bill of sales. Keep in mind that over the years
many people have tried to falsely enter a lower sale price with the intention of
saving money on the sales tax that they will have to pay the state.
Many local dmv offices now utilize a Fair Market Value database which will
alert them if your claimed sales price is much lower than the current fair
market value of the vehicle.
If you really did get a great deal on a used car and you bought it for an
unusually low price perhaps it has some damage or very high mileage, then
just be prepared that the dmv agent may require you to provide written
documentation showing why the particular used car you bought sold for so
much less than fair market value.
The required documentation might include a written estimate from an auto
mechanic or body shop showing the repair cost to bring the car up to normal
condition again. It's not like you actually need to get the car fixed, but you
may need to get a written estimate somewhere. Because so many people
have tried to cheat the state on the sales tax, then the states have been
forced to try to come up with this way to try to keep people honest.
If you claim a low sales price and have no documentation to back it up as to
why it's worth so much less, then you may be charged sales tax on a minimum
Fair Market Value that the dmv decides is fair. So, if you really did get a
great deal, then be prepared to back it up with additional documentation.
used 4x4 pickup trucks

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