How to Complete an Auto Bill of Sale Georgia Form: A Step-by-Step Guide
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If you plan to sell or buy a car in Georgia, you need documentation for the transaction. The Auto Bill of Sale in Georgia fulfills legal requirements and provides clear-cut evidence of proof of ownership. Using the Bill of Sale, sellers can cancel their existing registration. Buyers may use it when registering and titling the vehicle in their name.
Georgia Auto Bill of Sale Legal Requirements
The Georgia Auto Bill of Sale documents a vehicle's sale within the state. It certifies the transaction and declares the car's current mileage. By completing the Bill of Sale form, you and the other party have written confirmation when selling a car in Georgia. This mitigates the risk of either party denying the vehicle sale or declaring the mileage incorrect.
After finalizing the Bill of Sale, the buyer must submit it to their local Georgia county tag office to acquire new plates and vehicle registration. Before titling the vehicle, the purchaser must also pay any Georgia used car sales tax and fees.
How To Complete the Auto Bill of Sale Form in Georgia
The automobile Bill of Sale Georgia form is a single-page legal document. It's best to complete it during the sales transaction so the buyer and seller can provide and confirm accurate information.
Step 1: Gather Necessary Information
The Georgia Bill of Sale has five sections:
- Vehicle Information
- Seller Details
- Purchase Information
- Lienholder Details
- Certification
You can find the vehicle's information on the car itself. You'll also need the contact information for lienholders or individuals with a security interest in the vehicle.
Georgia courts may order a vehicle's sale. If that's the case for your transaction, have a copy of the case number available to complete the Bill of Sale.
Step 2: Fill Out Vehicle Information
In the first section of the Georgia Auto Bill of Sale form, list information about the car. Required details include the Vehicle Identification Number (VIN), make, model, and year. Also include the car's current mileage according to its odometer.
Step 3: Document Sale Details
In the Vehicle Information Section, write the vehicle's sales price and transaction date. If there are any current lienholders, list their contact information, including mailing address and phone number.
Step 4: Provide Buyer and Seller Information
Buyers and sellers list their full legal name and Georgia mailing address. If the seller is a business, such as a car dealership, it should include its Georgia Tax ID and Sales Tax number.
In some instances, a court may order the sale of a vehicle. If that's the case for your transaction, list the court case number.
Step 5: Sign and Date the Document
Buyer and seller must certify the Georgia Bill of Sale with a signature and date. If there are two buyers or sellers, they can sign as primary or secondary transferors or transferees.
Common Mistakes To Avoid
You don't want to make any errors when completing the Georgia Vehicle Bill of Sale. Mistakes may lengthen the title and registration process. Carefully review all information on the document for accuracy. Compare the vehicle's VIN and mileage with the numbers on the bill of sale. Once you're confident the form is correct, you can sign it.
As a buyer, you should register and title the vehicle immediately after its purchase. You may receive a ticket if caught driving without a properly registered and tagged vehicle.
Where To Obtain the Auto Bill of Sale Form
You can download the Georgia Vehicle Bill of Sale form from the state's Department of Revenue. To streamline the sales process, you can print it out before entering the transaction.
What To Do After the Georgia Bill of Sale Process Is Signed
Another critical part of the sales process is vehicle title transfer of ownership. Sellers can sign over the vehicle using the form on the back of the original title. Once both parties sign the title, the buyer owns the car.
After completing a Georgia Bill of Sale, the buyer should take it to their local county motor vehicle office to obtain a new license plate. Purchasers must pay any Title Ad Valorem Tax (TAVT) due before they can title and register the car in Georgia. The TAVT is currently 7% of the vehicle's purchase price, but there are exceptions some buyers may qualify for.
Get Insured: Protect Your Investment!
After purchasing a car in Georgia, you need a few things before you can operate your vehicle legally, including valid registration and proof of insurance. Georgia requires all drivers to carry minimum liability coverage, but you may purchase additional vehicle insurance to protect your new car.
EverQuote helps drivers find cheap car insurance in Georgia. With our free service, you can compare insurance quotes from Georgia providers to get the best rate. Start today with EverQuote!