Download Form 10-313 Vehicle Bill of Sale/Odometer Disclosure Statement - Arkansas
How to Sell a Vehicle in Arkansas?
- Complete and sign the vehicle title (a legal document that states you are the legal owner of the vehicle) as a seller;
- Provide the buyer with the odometer disclosure statement and sign the bill of sale;
- Give the buyer all the documents relating to the vehicle;
- Send the notice of transfer of ownership of a motor vehicle to the Department of Motor Vehicles.
Bills of Sale in Arkansas do not require to be notarized. After the bill of sale is prepared and signed, the buyer has thirty days to register a vehicle in the local Revenue Office. Do not forget to purchase insurance to conform to state laws.
How to Get a Bill of Sale for a Car in Arkansas?
Form 10-313 is the standard document for all vehicle sales that occur in the state of Arkansas. This form meets the requirements for the bill of sale and is suited for individuals and companies alike. The bill of sale contains the vehicle identification number (VIN), the buyer/company information, the dealer/seller name and address, the date of purchase, the description of the purchased vehicle and trade-in vehicle, the odometer disclosure, the sale price, and the signatures of the parties. Also, the form warns the parties not to evade or defeat the payment of taxes, interest, or penalties; otherwise, they can be subject to a felony charge.