A Semi-Truck Bill of Sale form records a used semi-truck’s sale and transfer of ownership. Buyers and sellers can use it to prove the purchase and sale transaction.
It includes the following:
- The names and addresses of the buyer and seller
- The purchase price of the semi-truck
- A detailed description of the semi-truck
Some states require the semi-truck bill of sale to be notarized. However, you should consider notarizing the bill of sale even if your state doesn’t need it. Notarization can provide an additional layer of security and protect you from fraud.
Why a Bill of Sale to Sell a Semi-Truck Is Important
Having a bill of sale to sell a semi-truck is essential for the following reasons:
- It provides proof of transfer of ownership for both parties.
- It provides proof of payment if the buyer is paying in cash.
- You may need to title the semi-truck with your local Department of Motor Vehicles.
- It protects both parties’ interests.
How to Sell a Semi-Truck
You may be able to get more money for your semi-truck by selling privately because you won’t have to pay a commission to a dealership.
You can follow these steps to sell a semi-truck.
Step 1 – Research the Semi-Truck’s Value
First, research the semi-truck’s value.
Use Kelley Blue Book and type in your truck’s make, condition, mileage, model, and year to determine a suitable asking price.
Step 2 – Use Our Semi-Truck Bill of Sale Form or Builder
Creating a semi-truck bill of sale can take time and effort, especially if you have limited time and energy.
Use our ready-made bill of sale template to get started.
Step 3 – Prepare Important Documents
Prospective buyers want to buy a truck that’s worth their money. So, you should provide prospective buyers with your truck’s repair and maintenance documents.
You should also gather other essential documents, including your state driver’s license or ID, odometer disclosure, and your truck’s title or another document that establishes ownership.
Your local Department of Motor Vehicles (DMV) can provide a complete list of documents needed for a private semi-truck sale. You can request a duplicate title through your local DMV if you don’t have your truck’s title.
Step 4 – Meet the Buyer in Person
You should arrange to meet the buyer face-to-face. Verify the buyer’s identity, exchange any documents, and finalize and sign the bill of sale form. The buyer can then pay you.
The title will remain in your name until you sign the title to the buyer and the buyer applies for it in their name.
To ensure the buyer completes this vital step, go with them to the local DMV office.
Steps for Writing a Semi-Truck Bill of Sale
If you’re interested in creating a semi-truck bill of sale, follow these instructions for a semi-truck bill of sale creation.
Step 1 – List Buyer and Seller Names
Before you do anything else, list the buyer’s and seller’s full names.
If you need the buyer’s information, bring your laptop to your in-person meeting so they can complete the form.
Step 2 – Provide Contact Information for the Buyer and Seller
This contact information includes addresses, phone numbers, and email addresses.
Step 3 – Provide the Terms of the Sale
Provide the terms of the sales, write out the purchase price, and note whether or not you, as the seller, are including any accessories and other items in the sale.
Step 4 – Include All Details of the semi-truck
Once you’ve provided the terms of the sale, include essential details of the semi-truck, including:
- The truck’s make, model, year, condition, and odometer reading
- Whether the sale includes any accessories or additional items
- The semi-truck’s purchase price
Step 5 – List the Date of Sale
You should also list the date of sale on your semi-truck bill of sale.
Where To Find a Semi-Truck Bill of Sale Template
There are many semi-truck bill of sale templates on the internet. However, most require you to download and manually edit the document.
They may also be outdated.
That’s where our bill of sale template and builder come in. Our builder is up-to-date and does not require you to write or download anything manually.
Using our builder is crucial in ensuring important information about your semi-truck and the parties to the sale are on the document.
You will then receive a customized semi-truck bill of sale for signing.
Semi-Truck Bill of Sale Sample
Below is an example of a semi-truck bill of sale.
