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 also use our online guide to complete a generic bill of sale.