Delaware Bill of Sale

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A Delaware bill of sale should include the date and final price of sale, vehicle information, odometer reading, and the buyer and seller’s information and signatures. 
The bill of sale is an important document for vehicles sold privately. Not every state legally requires private sales to complete a bill of sale, but most local DMVs recommend having one. In most cases, the bill of sale should include your terms of agreement so that it can serve as your proof of transaction.
To complete a bill of sale, you can use a template if it is provided by your local DMV or create one from scratch with the required information. The car insurance comparison and broker app Jerry has gathered all the important information you need about completing a Delaware bill of sale. 

What is a bill of sale? 

A bill of sale for a vehicle is your receipt for a private sale. When drafting a bill of sale, information of the vehicle, the buyer and seller, and the purchase price and date are usually included.
Your terms of agreement with the other party should be clearly indicated. 
A bill of sale does not transfer the car ownership to you automatically. You need to get a title transfer so that a certificate of title can be issued in your name, as it is the legal document that proves ownership of the car.

Is a bill of sale required in Delaware? 

A bill of sale for private car sales is not required in the state of Delaware. However, this document can still be drafted as your proof of the transaction, the date of transfer, and the purchase price. 

What is required in a Delaware bill of sale? 

There is no bill of sale template provided by the Delaware DMV so you will have to draft your own bill of sale if you want to complete one. Be sure to include the following: 
  • Buyer and seller's names, addresses, and signatures
  • Vehicle's make, model, year, and Vehicle Identification Number (VIN)
  • Odometer reading
  • Final purchase price and date of purchase
You can also include other details that were agreed upon between the buyer and seller.
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What should I do after I get a bill of sale? 

Once the bill of sale is complete and you have possession of the car, you will need to complete a title transfer. Although the bill of sale summarizes the terms of agreement between the buyer and seller, it does not legally prove car ownership.
The process to get a title transfer should be simple, but the specifics of what you need to do are different in each state. For sellers, the sale may need to be reported and you may need to turn your old license plates into the DMV. For buyers, you’ll need to register your new vehicle at the DMV to get new plates issued.
Be sure to keep a copy of the completed bill of sale for your records as proof of the terms of agreement. This ensures that you are protected from any future disagreements after the sale.

How to find affordable car insurance

With the bill of sale completed and your new car registered, you’ll also need to get car insurance. The certified car insurance broker app Jerry streamlines the process for you to minimize stress. You can compare quotes from over 50 top insurance carriers and Jerry will handle the rest of the paperwork when you decide to switch. 
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