Is it better to have a more detailed sales agreement?

Apr 22, 2025 ... The seller must also complete the odometer statement, date of sale, purchase price, and purchaser information section. It is also important to ... I sold my car, what do I do? The owner must transfer ownership AND cancel ... Need Help? Contact Us. Quick Links. About DOR · Careers · Subscribe to Revenue ... Jul 8, 2024 ... Only things I can add is you definitely want a bill of sale to prove you no longer own the vehicle and for potential tax purposes. Make sure the ... What Documents Do I Need? Car title. Be sure to keep the car title handy but in a safe place for selling the vehicle. Service records. What to Do if You Sell Your Car · Remove your license plate from the vehicle. · Give the new owner the signed title, current registration certificate, and current ... Apr 10, 2025 ... The bill of sale or contract ... The MVA provides a Bill of Sale form. If this form is required, fill it out and have the buyer(s) and seller(s) ... Owner cannot be present, and Power of Attorney is required to sell. Negative equity (when you owe more than the vehicle is worth). Vehicle documents are held in ... ... documentation, you may submit a letter from the leasing company or selling dealer. What if I am moving into Illinois with a vehicle I own that needs to be ... Jan 12, 2024 ... When you sell your car through Carwow, you'll need your registration, some photos and basic details such as your car's current mileage and any service history. Jan 18, 2024 ... You do need bill of sale. You may want to write up an extra thing that both of you sign to CYA but that's not for the DMV.