Free Bill Of Sale Template

A vehicle bill of sale is a legal document given by the seller to the buyer. It reports that on a specific date, at a specific locality and for a particular sum of money the seller sold to the purchaser a specific vehicle of which he had lawful possession. It is a written instrument proving that the transaction was successful and that both parties were able to understand each other clearly.

The bill of sale will generally include the following information about the transaction:

  • A description of the vehicle and its vehicle identification number (VIN).
  • Any warranty that may have been agreed upon.
  • The final sale price of the vehicle.
  • The name of the buyer and the seller.
  • The state in which the vehicle was sold.

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How To Avoid Odometer Fraud

OdometerFraud

Odometers are often rolled back so the seller can make more money. Cars with low mileage are priced higher. Omit 35000-40000 miles and it will artificially inflate the value to about $2500 to $3000.

Digital odometers were supposed to make it hard for criminals to tamper with them, but they still managed to find a way to hack them.

Most vehicles store their digital odometer reading on the instrument cluster on a re-writable EEPROM chip. Once the chip is located, they will have it desoldered from the board and get it connected to a computer’s serial port where its data can be downloaded and manipulated.

Ponyprog is a popular program known to edit the data from an EEPROM chip.
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