Buying and Selling FAQs in Arkansas
We have many sections devoted to the important matter of buying and selling vehicles, including our State Regulations section. After all, second to buying or selling your home, this transaction will likely involve a large sum of money. So, in this section, we'll take a look at some common questions regarding this issue.
What is a bill of sale?
A bill of sale is a written document that helps to provide proof of transfer of ownership of personal property, such as a car. It will contain important information, including the purchase price of the vehicle, the sale date, a description of the vehicle, and the names of the buyer and seller.
Where can I get a blank bill of sale?
Glad you asked. We provide a generic bill of sale that you can print out for your use.
When buying a vehicle from a private seller, who fills in what on the title?
The seller will write the buyer's name in the assignment section. The seller and the buyer will then print and sign their names in the corresponding boxes on the title.
How long are temporary tags good for?
The tags are valid for 30 days.
How much does it cost to register and get validation stickers for a new vehicle?
That depends on a few factors, but the state provides a fee chart so that you can see how much you'll owe.
How much does it cost to transfer my old tags to my new vehicle?
You may do this for $1.
How can I order specialized plates for my new vehicle?
You'll find what you need in our license plate section.
What are the minimum vehicle insurance requirements in Arkansas?
You must have coverage for at least:
- $25,000 per person for bodily injury
- $50,000 per accident
- $25,000 for property damage
Where can I find more information about registering and titling cars?True or False
Doctors don’t work with the same urgency to save your life if they know you’re an organ donor.