Indiana Motorcycle Bill of Sale

No, a motorcycle bill of sale is not required in Indiana. However, you should create the document as proof of ownership transfer from the seller to the buyer

You may use a bill of sale to determine the purchase price and date of sale of a motorcycle if the motorcycle’s certificate of title does not contain the information.

Keep in mind, however, that a bill of sale cannot be used to override information on the certificate of title.

For instance, if the certificate of title contains a purchase price or date of sale that is different from the bill of sale, the parties must use the information from the certificate of title.

No, you do not need a bill of sale to register a motorcycle in Indiana.

Motorcycle buyers must title and register their motorcycles with the Indiana Bureau of Motor Vehicles (BMV) within 45 days of the purchase.

If they apply for the certificate of title after the 45-day period, they will receive an administrative penalty.

Here’s how to transfer ownership of a motorcycle in Indiana:

Step 1 – Obtain Required Documents

This includes:

• Completed and signed certificate of title
• Bill of sale (if the title does not have the purchase price or date of sale information or is not available)
• A valid Indiana driver’s license or ID
• Proof of insurance
• A completed Odometer Disclosure Statement (Form 43230), is required if the odometer statement is not completed on the certificate of title

Step 2 -Submit Documents

Submit all documents online, at the BMV Connect self-serve kiosk, or at your local Bureau of Motor Vehicles (BMV) branch office.

Step 3 – Pay Registration

The new motorcycle owner must pay the registration fees.

Purchasing a motorcycle in Indiana with a bill of sale only is generally impossible.

A motorcycle bill of sale is only acceptable in lieu of the registered owner’s release signature on the title if you, as the seller and original owner, were not required to obtain a certificate of title for your motorcycle.

Indiana law does not require motorcycle bills of sale to be notarized.

Selling a motorcycle privately can give you quite a bit of money.

In contrast, if you sell your bike through a commercial auto dealer, the dealership will likely keep 10% to 50% of the motorcycle’s retail value.

Follow these steps to sell a motorcycle in Indiana.

Step 1 – Research the Motorcycle’s Value

First, research the motorcycle’s value by using tools like Kelley Blue Book.

Type in your motorcycle’s condition, mileage, make, year, and model to determine a fair sales price in your area.

Step 2 – Take Photos and Videos of the Motorcycle

Once you’ve determined a good price for your motorcycle, it’s time to take pictures and videos.

Before doing so, polish your motorcycle and park it in a spacious setting that highlights its colors, condition, and style.

Step 3 – Write a Description of the Motorcycle

Write a concise and comprehensive description of the motorcycle. Remember to include the following:

• Your reason for selling the motorcycle
• The motorcycle’s purchase price
• The motorcycle’s main features, including any modifications and accessories
• The bike’s make, model, mileage, and year
• How long you’ve owned the bike

Post the description with photos and videos of the motorcycle on multiple platforms, such as Facebook Marketplace and eBay.

If you know the buyer in real life, you can just text them everything.

Step 4 – Prepare Important Documents

Potential buyers may want to see your bike’s repair and maintenance history. Accordingly, you should produce these documents to demonstrate that your bike is in good condition.

Step 5 – Download a Motorcycle Bill of Sale Form

Download a printable motorcycle bill of sale for Indiana before you meet any potential purchasers.

Fill out the parts you can complete by yourself, such as your name, address, ID or driver’s license number, and motorcycle information.

Step 6 – Meet the Potential Buyer Face to Face

Last but not least, you should arrange an in-person meeting with the prospective purchaser to verify each other’s identity and exchange documents.

After verifying the documents and ID, remind the buyer about the motorcycle purchase price.

If the buyer is satisfied with the price, complete the motorcycle bill of sale and have both parties sign the document.

Here’s how to write your own Indiana motorcycle bill of sale.

Step 1 – Use Our Motorcycle Bill of Sale Form

Many motorcycle owners write their own bills of sale by default. However, creating documents from scratch can be tiring.

Consider using our motorcycle bill of sale template for Indiana to accelerate the process.

Step 2 – Answer LegalTemplates’ Document Builder Prompts

Then, go to LegalTemplates’ document builder. You will have to answer prompts about the buyer, seller, and the motorcycle.

Step 3 – Review, Print, and Sign the Form

Once the bill of sale form is complete, you and the buyer can review, print, and sign the form.

If you don’t have the time or energy to create an Indiana motorcycle bill of sale form, consider using LegalTemplates’ motorcycle bill of sale for Indiana.

All you have to do is open the builder and follow the motorcycle bill of sale template instructions and prompts. The builder will send you a complete bill of sale for signing once you’re finished.

Below is an example of an Indiana motorcycle bill of sale form.