Bill of Sale Requirements in Colorado
Bill of Sale in Colorado
A bill of sale is a record proving a change in vehicle ownership at the time of the sale or gifting. Colorado requires a bill of sale only in specific circumstances, though generally requires only a title transfer to assign ownership from a seller to a buyer. Even if your transaction doesn't require a bill of sale, it's still a good idea to have one as a receipt of your purchase or sale, a helpful record for tax time, or as protection against legal issues in the event the buyer does not register or abandons the vehicle.
CO Bill of Sale
Colorado requires a bill of sale when:
- The buyer has to drive the vehicle before registration because it was purchased after-hours.
- There is no space on the title to record an odometer reading.
Generic Bill of Sale
Some Colorado counties provide a bill of sale, so check with your CO county motor vehicle office to find out if they have a form you can use. It will generally include:
- A vehicle description and vehicle identification number (VIN).
- The vehicle's final sale price.
- Names of the buyer and seller.
- The date and time of the sale.
We also provide a generic bill of sale that's printable and easy-to-use. Mark the date AND time of purchase on whichever bill of sale you use.