An Illinois bill of sale is a form that is used to record the sale of goods in exchange for cash or trade. The buyer and seller should sign it after the transaction has been completed.
Illinois Registration Documents (Required)
- Odometer Disclosure Statement
- Registration / Title Application
- Government Issued ID – Driver’s License
Source: Illinois DMV
What to Include in the Illinois Bill of Sale Form?
- The buyer’s name + address
- The seller’s name + address
- The vehicle/car description (make, model, year, + body style)
- The car’s vehicle identification number (VIN)
- The sale date
- Transaction details (purchase: price, trade, and/or gift)
- The warranty information (sold “as-is”)
- The Odometer Disclosure
- The Federal Law, 49 U.S. Code § 32705, requires a bill of sale to include a verifying statement about the vehicle’s mileage. Vehicles greater than ten years old and over 16,000 pounds are exempt.