Is a Vehicle Bill of Sale Required in Colorado?
There is a document that acts as proof of the sale or exchange of the vehicle. This document is called a vehicle bill of sale and is widely used in Colorado. This is the official legal tool for personal reporting and registering a vehicle.
The document shows that the transaction has been completed on terms that suit all parties (seller and buyer) and that the item has passed into the new owner’s possession. A bill of sale provides good insurance against unscrupulous sellers. The main thing is to carefully check the document before signing it and keep a certified copy.
A bill of sale for a motor vehicle is one of the most common types of this document in Colorado and accompanies all car purchases. If you buy a car from a dealer, they usually prepare all the paperwork themselves. If you buy a vehicle from a private party, you will have to draw up the document together by yourself.
In Colorado, this form is required to register a vehicle. If you buy a car at a dealership, they usually prepare a package of documents on their own and send it for registration. Otherwise, you must complete this process within 30 days of purchase.
The documents that you will need to collect: