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Form MV2928 Instructions for Selling a Vehicle - Wisconsin
What Is Form MV2928?
Form MV2928, Instructions for Selling a Vehicle , is an official form used to document the transfer of any motor vehicle from a seller to a buyer. It has two functions: providing basic instructions to the parties of the deal and proving the sale actually took place. You may fill out this document for your convenience: identify the parties, describe the vehicle (its year, make, model, body type, identification number), state the purchase price, and sign the form.
Alternate Name:
- Wisconsin Vehicle Bill of Sale.
This form was released by the Wisconsin Department of Transportation (DoT) with the latest version issued on April 1, 2016 . You can download the MV2928 Form through the link below.
Form MV2459, Junked Vehicle Bill of Sale is a related document used for the transfer of a junked vehicle. It must be completed by the following parties:
- Registered owner and a licensed salvage dealer;
- Two licensed salvage dealers;
- The insurance company that surrendered the title to the DoT.
Does Wisconsin Require a Bill of Sale when Transferring Title to a Car?
Along with the instructions, Form MV2928 contains a Bill of Sale. You may complete it for your records if you wish, but it is not legally required. The buyer will also use Wisconsin DoT Instructions for Selling a Vehicle as documentation of the sale and proof the deal took place. The seller is required to complete Form MV2870, Seller Notification, to inform the DoT about the transaction.
To transfer a vehicle, a seller must sign over the certificate of title to the purchaser, taking the following steps:
- Sign the title in the area for the owner's signature;
- State the current odometer mileage statement;
- Disclose the brand on the title - write down if the vehicle was used as a taxi or as a police car if it was salvaged or damaged by flood;
- Pay off the loan if you owe money for the vehicle and provide the purchaser with a lien release document;
- Indicate the selling price and contact information of the buyer.
Once the title is signed over, the license plates must be removed from the vehicle. In all private sales, the seller must notify the Wisconsin Division of Motor Vehicles of the sale via their website within thirty days.
Does a Vehicle Bill of Sale Have to Be Notarized in Wisconsin?
Wisconsin does not require a notary public's certification for Vehicle sales but it is generally a good idea to have a notary or witness to a sale in order to confirm the transaction has taken place. This can save any potential trouble which might occur should the seller or buyer contest the transaction at a later date.
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Download Form MV2928 Instructions for Selling a Vehicle - Wisconsin
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