Bill of Sale Requirements in South Carolina
In South Carolina, ownership transfers for cars are typically executed on the vehicle title. However; in certain cases a bill of sale may also be required. Continue reading to learn about bill of sale requirements in South Carolina.
Bill of Sale in SC
Regarding motor vehicles, a bill of sale is a form showing the ownership transfer of a vehicle from one person to another.
South Carolina's Department of Motor Vehicles (DMV) requires a bill of sale when you register and tag a car that:
- Does not have space for an odometer reading or purchase price on the title transfer.
- Was originally titled before June 19, 1989.
If a bill of sale is not required in your vehicle transfer, you may want to consider using one anyway. A bill of sale can be used for:
- Tax purposes when claiming your sale.
- Proof of sale for liability purposes.
- Proof of purchase.
Completing a Bill of Sale
To ensure the validity of your bill of sale, make sure you include all the necessary information, including:
- Names, addresses and signatures of both buyer and seller.
- Complete description of the car, including:
- Body type.
- Vehicle identification number (VIN).
- Purchase price of the vehicle, including trade-in value.
- The names and addresses of any lienholder.
- Odometer reading at time of purchase.
You can see South Carolina's sample Bill of Sale (Form 4031) online using the free Adobe Reader, but you must pick up an original document from your local DMV due to the security features on the form.
You can also use our online guide to complete a generic bill of sale.