Selling a Truck, what paperwork is needed for seller and buyer?

Discussion in 'Ask An Owner Operator' started by Roteck, Jan 15, 2021.

  1. Roteck

    Roteck Light Load Member

    225
    100
    Dec 18, 2016
    Abilene, TX
    0
    I am about to sell my truck and need to know what paperwork needs to be completed between the buyer and seller for a smooth sale and transfer of ownership of the vehicle. This will be the first vehicle I have ever sold and I am lacking in the knowledge department on this one. I can't seem to find anything online specifically about selling class 8 trucks. Do I just sign over the title and that's it? Do I need a bill of sale or a release of liability form or a transfer of ownership form or anything?
     
    99kw900 Thanks this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. 99kw900

    99kw900 Bobtail Member

    37
    186
    Feb 26, 2020
    0
    In SD you just need to sign the title and write up a basic bill of sale with the vin#, date, price, model, both you printed name and signature and you are good to go.
     
  4. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

    10,438
    44,387
    Jan 13, 2013
    SW Arkansas
    0
    You need make sure you write up the bill of sale with the info @99kw900 indicated above. Especially the sale price. You may need this documentation for income tax purposes.
     
  5. wis bang

    wis bang Road Train Member

    3,348
    3,918
    Jan 12, 2011
    Levittown, PA
    0
    you need the signed title. A copy of the past year's Fed Highway Use tax, bill of sale.

    OH YEAH in New Jersey any truck registered in NJ with IRP plates has the title locked until the seller sends in an IRP supplemental form to delete the truck from his IRP account and freeing the title for transfer...

    This has been an issue since NJ joined the IRP, kicking and screaming with Rhode Island as the last two states to join the program thanks to the Federal arm twisting. I don't know why NJ did this other than just being New Jersey....
     
    bzinger, Scooter Jones and Roteck Thank this.
  6. Studebaker Hawk

    Studebaker Hawk Road Train Member

    2,962
    9,546
    Oct 18, 2010
    NW Indiana
    0
    Definitely make up a bill of sale as indicated above. In Pennsylvania, even with a signed bill of sale, since you have to sign the title in front of a notary, the transfer isn't complete until the purchaser also signs in front of a notary. In other words, it is still your vehicle until the title transfer is complete. If the leave the purchaser section blank you could be liable if the vehicle is involved in an accident. Don't know if other states have the same requirement.
    Of course if you are a licensed dealer, there are places on the title to transfer between dealers before the final sale.
     
    99kw900 and Roteck Thank this.
  7. Final Drive

    Final Drive Road Train Member

    1,573
    2,505
    Jan 21, 2015
    0
    "As-Is" documents ...
     
    magoo68, 99kw900 and Roteck Thank this.
  8. TTNJ

    TTNJ Heavy Load Member

    704
    954
    Nov 21, 2017
    0
    I have never provided anything beyond the signed title that was notorized. These were clean titles free and clear.
    A used vehicle is always sold “as is” unless otherwise noted.
    My experience is specific to class 8 trucks sold in Ohio
     
    99kw900 and Roteck Thank this.
  9. xsetra

    xsetra Road Train Member

    5,094
    6,941
    Aug 21, 2011
    0
    Put date and time on "as is" sales documents.
     
    Roteck Thanks this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.