Georgia Bill of Sale

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A Georgia bill of sale should include the date and price of sale, vehicle information, odometer reading, and the buyer and seller’s information and signatures.
Whether required or not, the bill of sale is an important legal document for privately sold vehicles. Even if a state does not legally require a bill of sale, it is recommended to complete one for the parties involved in the sale. The bill of sale should include the terms of the agreement so that it can be used as proof of the transaction.
To complete a bill of sale, you can use a template if it is provided by your local DMV. You can also create your own with the required information. The car insurance comparison and broker app Jerry has compiled what you need to know about completing a Georgia bill of sale. 

What is a bill of sale? 

A bill of sale is a legal document that acts as the receipt for a privately sold car. The bill of sale will include information on the vehicle, the buyers and sellers, odometer reading, and the purchase price and date of sale.
However, having the bill of sale does not prove your ownership of the car and you will need to get a title transfer at your local DMV. After the title transfer is processed, a certificate of title will be issued in your name, as it is the legal document to certify the ownership of the car.

Is a bill of sale required in Georgia? 

A bill of sale for private car sales is required in the state of Georgia. This document acts as your proof of the transaction, the date of transfer, the purchase price, and the terms of the agreement between the parties. However, while it is required, Georgia does not require the bill of sale for many official purposes.
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What is required in a Georgia bill of sale? 

If you are buying or selling a car in Georgia, you can download a sample bill of sale from the Georgia Department of Revenue website. You can also create your own with the following information: 
  • Date of sale 
  • Seller’s name and address
  • Buyer’s name and address
  • Information about the vehicle, such as the year, make, and Vehicle Identification Number (VIN)
  • Information regarding liens, encumbrances, and security interests
  • Odometer disclosure
  • Purchase price and tax-related information
  • Official signatures of both the buyer and the seller

What should I do after I get a bill of sale? 

You will need to complete a title transfer after receiving your bill of sale—some states will even require the bill of sale to be notarized. Although the bill of sale contains the terms of agreement between the buyer and seller, it cannot be solely used to prove ownership of the car.
The process to get a title transfer can be different in each state, but it is usually simple. In some states, the seller will have to report the sale to their local DMV, cancel their registration, and turn their plates in. The buyer will need to register the new vehicle at the DMV as soon as possible so that new plates can be issued under their name.
Always keep a copy of the completed bill of sale for your records as proof of the terms of agreement so that it can be used as a security measure against any future issues concerning the vehicle.

How to find affordable car insurance

You will need to get an insurance policy for your newly purchased vehicle after completing the bill of sale, transferring your title, and registering your car. Using the certified car insurance broker app Jerry will help you do so quickly so that you can legally drive on the road as soon as possible. 
After inputting your preferences, Jerry will find the best quotes from more than 50 top insurance carriers. Once you pick the policy you want, Jerry will even handle your paperwork! Jerry users save an average of $876 a year on car insurance.
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