The Idaho motor vehicle bill of sale is used when a vehicle’s purchase and sale and legally cements the transfer of ownership from a seller to a buyer in the State of Idaho. When you transfer the title of a vehicle to a new owner, a bill of sale is required. The buyer can then use all the documentation to register the car in their name with the Idaho Transportation Department’s Division of Motor Vehicles (DMV). Must include the Odometer Disclosure Statement Form.

What is an Idaho Bill of Sale?

The Idaho bill of sale document serves as a transaction record and contains information that protects both the buyer and the seller. Below is a detailed guide including the details and requirements of an Idaho Bill of Sale.

Key Elements

1. Selling Price: This is the agreed-upon amount the buyer pays. The selling price is the value of the transaction and is needed for tax purposes when registering the vehicle.
2. Serial Number (Vehicle Identification Number—VIN): This VIN code identifies the vehicle and is used for tracking its history. It is required on the bill of sale in Idaho.
3. Odometer Reading: This indicates the vehicle’s mileage at the time of sale. The odometer reading is used for assessing the vehicle’s condition and for the buyer’s records and state reporting requirements.
4. Issued Driver: This refers to the individual selling the vehicle including their information, driver’s license or ID number which must be recorded on the bill of sale.
5. Personal Property: The bill of sale should include the personal property included, such as accessories or spare parts.
6. Driver’s License or ID: The buyer and seller must provide their driver’s license or ID numbers, to verify identities.

Legal Requirements

1. Applying for a Title: The buyer must apply for a title to register the vehicle in their name legally after the sale.
2. Bill of Sale Required: Idaho law requires a bill of sale for all vehicle transactions.
3. Title Within 30 Days: The buyer must apply for the title within 30 days of the sale. Failure to do so can result in penalties and complications with the vehicle’s registration.
4. Title Number: This number identifier is assigned to the vehicle’s title and is used to track the title’s status. It is required for many administrative processes.
5. Local DMV Office: The buyer submits the necessary paperwork to complete the title transfer at the local DMV office. You can check with the county assessor’s office for any requirements and the office hours of operation.

Final Steps

1. You will want to make sure that all the information in the document is correct and both parties receive copies.
2. The Release of Liability Form plus a three dollar and fifty cent fee both must be submitted within five days of the transaction and is in the new owners hands (and name).

Where to Register

Register Vehicle: Idaho Transportation Department’s Division of Motor Vehicles (DMV)

Idaho Motor Vehicle Bill of Sale Form Sample

Next Page →