All-Terrain Vehicle (ATV) Bill of Sale

All-Terrain Vehicle (ATV) Bill of Sale

Are you looking to sell or purchase an all-terrain vehicle (ATV) through a private sale? If so, you will need to protect yourself from any future disputes by recording the transaction through a bill of sale. This form will outline the parties involved in the sale, the ATV details, price, and legal language describing the terms of sale. To put it simply, it will act somewhat like a receipt.

Having a bill of sale for this transaction will protect the buyer from any claims of ownership from the seller and the seller from liability claims from the buyer. This article highlights all the information you must know to create it.

What Is an All-Terrain Vehicle (ATV) Bill of Sale?

The All-Terrain Vehicle (ATV) Bill of Sale is a formal document that proves the change of ownership of an ATV through a private sale. It describes the buyer, seller, ATV, purchase price, and payment method, among other details relevant to the transaction. Once signed, the bill of sale acts as legal and final proof that the seller exchanged ownership of the ATV for payment. The buyer can then use it to apply for a title and registration in their state.

All-Terrain (ATV) Vehicle Bill of Sale (Word Template)


All-Terrain (ATV) Vehicle Bill of Sale 20210831

The all-terrain vehicle (ATV) bill of sale form is a printable document that can be completed and signed to act as legal proof of the change of ownership of an ATV through a private sale.

Download: Microsoft Word (.docx)


    How to Use an ATV Bill of Sale

    As mentioned, an ATV bill of sale represents legal proof of a transaction. You create it by transferring all the details involved in a transaction onto a pre-made template or blank document and affixing the signatures of the buyer, seller, and possible witnesses. As a buyer, you then maintain a copy that you may use to prove that you transferred your ownership and liability over the ATV. The buyer can then use the sale document to prove ownership and acquire a title and registration from the DMV.

    Process of Selling an ATV

    Selling an ATV involves nearly all the steps of selling any other vehicle, except no brokers or agents are used as this is a private sale. Here is a detailed guide:

    Step 1: Clean and Repair Your ATV

    A clean and functional ATV will attract more buyers than one that needs tune-ups. Stat by repairing your ATV by replacing burned-out bulbs and fixing the hand grips, among other problems. Clean under the tires and radiators and have a professional repair any issues that are beyond you.

    Step 2: Market Your ATV

    Take pictures of your newly cleaned and repaired ATV and create a listing online and on print media. You can turn to websites like Craigslist and ATVTrader.com or print ads on flyers, newspapers, and local magazines. As you will need to include a selling price in your listing, research similar ATVs being sold in your area or turn to an estimator like Kelley Blue Book.

    Step 3: Clear the Title

    Find the title to your ATV and ensure all loans and liens, if present, are paid off. If you lost your title, apply for a copy from the DMV and bring documents to assure potential buyers that the title is being processed. You should also update the registration information on your ATV as you will need to include it in the bill of sale.

    Step 4: Speak to Potential Buyers

    Immediately contact anyone who tries to reach you to discuss your listing. If you are comfortable with it, find a public area and allow your top picks to test drive the ATV. The buyer will likely want to negotiate the selling price so determine the lowest price at which you are willing to sell.

    Step 5: Arrange an Inspection

    If you and a potential buyer agree on the purchase price, they might want to have a specialist inspect the ATV before committing to the sale. If the results of the inspection are satisfactory, you can proceed with the exchange.

    Step 6: Complete the Bill of Sale

    On the closing day, you will bring the ATV and its title and registration and exchange it with the funds brought by the buyer. You must then record this transaction in an ATV bill of sale.

    Step 7 (Buyer): Register the ATV

    After the transaction, the buyer can use the title and registration and bill of sale to apply for registration and a new title with the local DMV.

    What Does an ATV Bill of Sale Include?

    While content may vary from state to state, the basic All-Terrain Vehicle (ATV) Bill of Sale will usually include the following details:

    • The buyer and seller names, contact information, and addresses
    • The date of purchase
    • The ATV description by make, model, color, year, number of cylinders, title number, odometer reading, VIN.
    • The condition of sale as either with warranty of as-is
    • A down payment date
    • An inspection duration
    • The purchase price and date of payment
    • The signatures and signature dates of the buyer and seller and witnesses, if any.
    • A notary seal (if notarization is elected by the parties or required by the state).

    All-Terrain Vehicle (ATV) Bill of Sale Format

    Through this agreement dated {current date}, the Seller {seller’s name} of {mailing address} elects to sell and transfer ownership to the Buyer {buyer’s name} of {mailing address} the All-Terrain Vehicle described as {model, make, year, color, number of cylinders, odometer reading, VIN, title number etc.}.

    This transaction is subject to the following terms:

    Condition of Sale: The Seller agrees that the All-Terrain Vehicle is to be sold in as-is condition, free of any debts, liens, or encumbrances.

    Inspection: The Buyer elects to have the All-Terrain Vehicle inspected by a third-party mechanic on from {date} to {date}. The Seller agrees to cancel the sale if the results of said inspection are unsatisfactory.

    Deposit: The Buyer agrees to pay a security deposit of {amount} for the All-Terrain Vehicle, which will count toward the full payment. If the sale is canceled (as described under ‘Inspection’), they Seller shall retain {amount} of this deposit to cover {nature of costs}.

    Date of Purchase: The Buyer agrees to pay {amount} as the purchase price by {date}, upon which the Seller shall transfer the title to the Buyer.

    Authorization: This agreement shall be considered final and effective upon the execution of the following signatures:

    Buyer {signature}, {signature date}

    Seller {signature}, {signature date}

    Witness (if any): {signature}, {signature date}

    Conclusion

    Creating and maintaining an All-Terrain Vehicle (ATV) Bill of Sale can prove beneficial to both parties involved in the transaction. The buyer can use it to apply for registration in their state of residence and the seller can use it to deny liability for any future issues. For example, if the ATV is involved in an accident after the sale, the seller can avoid a civil lawsuit by proving they no longer own the ATV. This can be achieved through a copy of a signed bill of sale.