Car Title Steps

Vermont · Bill of sale

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Vermont bill of sale for a vehicle

For buyers and sellers who want a written record of a private car sale in Vermont.

A Vermont bill of sale is required for the Purchase and Use Tax. The DMV form VT-005 is a bill of sale and odometer statement in one, with the car, the price, and the names and signatures of seller and buyer. If two people own the car, both sign.

Does Vermont have an official bill of sale form?

VT-005 · Bill of Sale and Odometer Disclosure Statement
  • The year, make, model, VIN, mileage, sale date and price, with the signatures and addresses of seller and buyer. If two people own it, both sign.dmv.vermont.gov checked
  • For a 2009 or older car, the bill of sale and the registration are the ownership papers.dmv.vermont.gov checked
  • The Purchase and Use Tax is 6% of the price or the J.D. Power clean trade-in value, whichever is higher, so the price on the bill of sale matters.dmv.vermont.gov checked

What should a bill of sale for a car include?

  • Common items on a bill of saleWhat Vermont DMV says is above.
    • The buyer's and seller's names and addresses
    • The car's year, make, model and VIN
    • The sale price and the date of sale
    • The odometer reading
    • Signatures of the buyer and seller

Next steps

Common questions

Does the price on the bill of sale set the tax?

Yes, unless the J.D. Power value is higher. The tax is on whichever is higher.

dmv.vermont.gov checked

What about an older car with no title?

The bill of sale and the registration are the ownership papers.

dmv.vermont.gov checked

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