Selling a Car in Arkansas

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Selling a car in Arkansas requires completing some paperwork, signing and transferring the title, signing a bill of sale and odometer disclosure, removing your plates, and canceling your insurance.
While selling a car in a private sale can seem daunting, it’s pretty easy if you understand the steps you need to follow. Each state has unique rules and requirements to sell a car and properly transfer ownership—and if you don’t follow the steps correctly, you could find yourself liable for the vehicle even after the buyer drives away. 
Luckily, the car insurance comparison and broker app Jerry has got you covered with everything you need to know about selling a car in Arkansas. 
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What you need to sell a car in Arkansas

If you want to sell your car privately in Arkansas, you’ll need to gather all necessary forms and documentation. The DMV requires certain documentation to complete the change of ownership, including:
  • Certificate of Title (or, if you don’t have one, a duplicate title form)
  • Your signature
  • Signature of any lienholder(s)
  • Lienholder letter of release (submitted to Arkansas DMV)
  • Signature of the buyer
  • Bill of sale
  • Odometer disclosure, unless the vehicle is 2010 model year or older

Getting a pre-sale inspection

Arkansas recommends—but does not require—a third-party inspection of any vehicle being sold, performed by a qualified and licensed auto mechanic. The buyer should pay for this service.
Both you and the buyer should agree to a time and place for the inspection to take place—and you should both keep a copy of the inspection report for your records.

Documenting the sale

If the title has a space on the back for the vehicle’s odometer reading, you won’t need a bill of sale. If the title is too old or has no space for the odometer reading, use an official Arkansas Bill of Sale & Odometer Reading Statement. Either this statement or the title will include basic information about the vehicle, buyer, and seller:
  • Vehicle identification number
  • Make, model, and year
  • Purchase price
  • Seller name, address, and signature
  • Buyer name, address, and signature

Signing the title over

To sign a title over in Arkansas, you and the buyer must fill out all relevant sections on the vehicle’s certificate of title, including:
  • Legal names, addresses, signatures of both buyer and seller
  • Date of sale
  • Odometer reading
  • Purchase price
The signatures of all owners are required when joint ownership is connected with “AND” on the title. Only one seller’s signature is required if ownership is denoted by “OR”.

Finding affordable car insurance 

Once you’ve got your vehicle compliant with Arkansas’ laws, make time to revisit your car insurance because you’re most likely paying too much. 
The car insurance broker app Jerry compares rates from 50+ top providers so you know you’re getting the best coverage for the most affordable price. The best part? The average Jerry user saves $879 a year on their car insurance! 
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Your car’s worth can be found through resources like  Edmunds and Kelley Blue Book. On those sites, you enter the year, model, make, mileage, and condition of your car, and they’ll calculate the fair market value.

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