Check out our Motorcycle bill of sale form here and use it to make the legal sale of your motorcycle across the USA. This bill facilitates an easy and fully legal sale of the motorcycle from one individual to other. It contains all the information regarding the motorcycle and the parties therein. The bill is further mandatory in nature as it plays the role of legal proof for the ownership. It also includes all the other terms and conditions that form an integral part of the sale.
Here in the article, we are going to provide our users with the printable template for the motorcycle bill of sale form. They can confidently use the template to produce a fully legal bill of sale for the sale of motorcycles.
Printable Motorcycle Bill of Sale Form
Well, just like any other bill of sale you will need the motorcycle bill of sale at the time of sale. Sale is the actual point when the seller and buyer agree on a price to sell the motorcycle. This is when they fill the form of sale with all the required information regarding the motorcycle and themselves.
Finally, upon the exchange of money and motorcycle, the sale gets fully executed between the seller/buyer. The bill of sale for motorcycles works as the legal proof for the sale of motorcycles. This is the reason that why the motorcycle bill of sale is highly significant in its nature and features for legal sale.
How to Sell the Motorcycle?
Selling the motorcycle to the new buyer is not a very straightforward task as it involves a number of steps. So, if you are willing to sell the motorcycle then you need to execute all the steps in a smart manner. We are here below providing you with an easy-to-follow step-by-step guide to sell the motorcycle.
Step 1 – Check the Condition of the Motorcycle and Prepare it for Sale
Go through the entire motorcycle condition and find whether it’s in good working condition. Clean the motorcycle properly and give it a neat and clean outlook. Also, figure out if it requires any damage or maintenance work. You have to make sure that the buyer finds the motorcycle well maintained in the first impression. It will help you in getting a decent price for the motorcycle.
Step 2 – Use the Advertising Services to List the Motorcycle for Sale
The local newspaper and the other social media platforms are the best way to make the sale offer of the motorcycle. It will engage the local buyers to receive the update regarding the sale of motorcycles. Subsequently, you will get a number of offers for the sale from many prospective buyers. You have to shortlist any one of them who pays you a worthwhile amount of sale price. Also, make sure that a buyer is a genuine person who will use the motorcycle for a fair cause.
Step 3 – Negotiate the Price with Buyer
It’s time to meet the buyer and negotiate the price for the same. The negotiation will decide the final price of the motorcycle so you should negotiate in a similar manner. Once the negotiation is done then we can move on to the final formality of filling the bill of sale.
Step 4 – Filling the Motorcycle Bill of Sale and Execute the Sell
Now in this final step, the seller has to fill the form of sale in the presence of the buyer. They both have to make sure that the bill of sale contains all the required information of the sale. It’s because if any information is missed then it may cause the bill of sale to be null and void. Once the bill is filled then the seller can get the price of sale for the motorcycle. The buyer will ultimately leave with the possession and the ownership of the motorcycle.
How to Write Bill of Sale for Motorcycle ?
Well, we can understand that writing the bill of sale can be a confusing task to do for a first-time seller. Keeping the same in our consideration we are here mentioning some step-by-step guide to write the motorcycle bill of sale. The seller can read and follow all the steps to write their own motorcycle bill of sale easily.
Step 1 – Start from the Parties and Price
All the bill of sale starts from the date of sale and the names of parties in the sale. So, you have to write the name of the buyer/seller in the bill along with their proper addresses. The final price of the sale for motorcycles should also be there on the bill.
Step 2 – Provide the Description of Motorcycle
In the second part, we have to start the bill by providing a description of the motorcycle. The description will generally contain the following information about the motorcycle.
- Name/Maker of Motorcycle
- Registration No
- Build Year
- Color
- Readings on the Odometer
Step 3 – Sign the Bill of Sale
Here the bill should also contain the proper and the formal signatures of both the seller and buyer. The signatures on the bill ensure the authenticity of the bill. It also conveys the fact that both the buyer and seller agree to the sale of a motorcycle.
Step 4 – Get the Bill Notified by the Notary Public
This part is generally for the buyer of the motorcycle. The buyer has to get the approval and recognition of the notary public on the bill of sale. With the recognition from the notary public, the bill of sale will get lawful recognition. Subsequently, the buyer will become the new owner of the motorcycle and can use it of his/her will.
Motorcycle Bill of Sale Form Template
So, this is how the motorcycle bill of sale can be easily prepared by the seller/buyer together in the sale. We hope the article would provide some useful information on the process of motorcycle sale. The template of the bill of sale would assist the readers in preparing the full legal and formal motorcycle bill of sale.