VEHICLE BILL OF SALE Template for Excel

Bill of Sales

Business July 22, 2019February 10, 2025 Kate

A bill of sale, or a purchase and sale receipt, is a receipt that serves as evidence of a transaction involving the sale and purchase of something. It contains the details of a transaction and can be used for future reference to resolve any issues associated with the transaction that might arise.

The transaction for which a bill of sale is prepared may include a simple buy and sell scenario, or it may consist of a trade-in situation, in which a person is exchanging his already owned vehicle in addition to the sum of money to pay the difference between his old and new vehicle.

There could be another scenario, as well, in which the seller is only gifting his vehicle to the buyer and does not demand any money. Irrespective of the type of transaction, the bill of sale is required for the following principal reasons:

Some governments require a bill of sale for a transaction.
It completes the process of the transfer of ownership.
It records the financial and other details of the transaction and the involved parties.
It is proof that the transaction has taken place.
It is proof of ownership.
It can help in avoiding any future misunderstandings and conflicts.

A bill of sale is issued for purchasing and selling various products, such as motor vehicles, mobile phones, furniture, and equipment.

Following are the five most used bill of sale templates. Download and make changes as per your requirements.

#1

General Bill of Sale: This General Bill of Sale documents the purchase details, ensuring both parties acknowledge the transfer of ownership and agreed terms.

General Bill of Sale Template for Excel

File: Excel (.xlsx) & iPad
Size 39 KB

#2

Vehicle Bill of Sale: A motor vehicle bill of sale is a widely used document that details a transaction involving a motor vehicle. It contains all the details of the new and old vehicle, including the financial details, any trade-ins or gifts, etc.

VEHICLE BILL OF SALE Template for Excel

File: Excel (.xlsx) & iPad
Size 39 KB

#3

Boat Bill of Sale: A Boat Bill of Sale is a legal document that records the transfer of ownership of a boat from a seller to a buyer, including vessel details, sale price, and both parties’ information.

Boat Bill of Sale Template for Excel

File: Excel (.xlsx) & iPad
Size 39 KB

#4

Firearm Bill of Sale: This documents the legal transfer of a firearm between a seller and a buyer, ensuring compliance with applicable laws and liability protections.

Firearm Bill of Sale Template for Excel

File: Excel (.xlsx) & iPad
Size 39 KB

#5

Business Bill of Sale: A Business Bill of Sale is a legal document that records the transfer of ownership of a business, including its assets, liabilities, and purchase price, from a seller to a buyer.

Business Bill of Sale Template for Excel

File: Excel (.xlsx) & iPad
Size 39 KB

Usually, a bill of sales contains the following information:

Date of the bill of sale.
Date of actual sale or exchange.
Location of sale.
Details of the buyer.
Details of the seller.
The product details, including the model number, years of use, mileage, etc.
Trade-in or gift details of the product, if any.
Financial amount and details.
Terms and conditions.
Signature of the seller.
Signature of the buyer (not always required).

There are two main types of sales bills: absolute and conditional. The former are issued when the exchange has been completed and the ownership has been transferred. At the same time, the latter involves the transfer of the owner based on some conditions that need to be met before the completion of the transaction.

Therefore, whether the absolute or conditional bill of sale is issued depends on the type and complexity of the transaction.

A bill of sale can be prepared using a template designed from scratch or an existing ready-made template from online sources or programs, such as Microsoft Word. These templates are customized to the user’s requirements.