What does it mean when a car is sold ‘as is’?
A Car Sale Receipt, on the other hand, can only transfer ownership of a vehicle and includes important information about the vehicle which would not be included in a Bill of Sale. A Bill of Sale can be used to transfer ownership of any personal property from one person to another. Is there a difference between a Car Sale Receipt and a Bill of Sale?Ī Car Sale Receipt is a more detailed version of a Bill of Sale. Each document serves the same purpose of transferring the ownership of a motor vehicle. A copy of the receipt should be kept by both the person selling the car and the buyer for their records.Ī Car Sale Receipt is also referred to as a vehicle bill of sale, vehicle sale receipt, used car sale receipt and sold as seen car receipt. The receipt marks the transfer of ownership from the seller to the buyer and documents the purchase of a car.
Even though the term alludes to cars particularly, a Car Receipt can be used to sell any motor vehicle. A Car Sale Receipt is a document that is exchanged between two parties following the purchase of a vehicle.
