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How to write a sales receipt for a car

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Last Updated: August 7, References. This article was co-authored by Clinton M. Sandvick, JD, PhD. Clinton M. Sandvick worked as a civil litigator in California for over 7 years.
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How to Write a Vehicle Sales Receipt

How to write a sales receipt for a car
How to write a sales receipt for a car
How to write a sales receipt for a car
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How to Write a Receipt when Selling a Car |

It only takes a minute to sign up. Connect and share knowledge within a single location that is structured and easy to search. I am selling my car and have found a potential buyer. After I transfer the vehicle ownership, the buyer will have to transfer the vehicle title to himself, and will also need to pay sales tax on the sale price. As the buyer is paying me in cash, he asked me to write down a really low amount as sale price, so that he will save a considerable amount of the sales tax. Can declaring a lower amount for the sale price get me in trouble later? Or will it be just the buyer at risk because it was the buyer's decision or idea?
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I’ve sold my car. What do I do next?

When selling a car between private parties, a receipt or bill of sale is a good thing to include in the transaction. When signed and possessed by both parties, it indicates a legal proof of sale and purchase should any problem occur in the future. The bill of sale should be stored along with the title of the car. You may never need to reference it, but if you should, you will be glad you have it. A proper bill of sale does not require anything more than a word processor or even handwritten note.
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