When selling a vehicle such as a car in Indiana, an Indiana Vehicle Bill of Sale is crucial. This document records the details of the sale and requires the registration of the vehicle with the Indiana BMV.
Essential Components:
- Buyer and seller information (names, addresses, and contact details)
- Vehicle description (make, model, year, Vehicle Identification Number)
- Odometer reading
- Sale date and price
- Signatures of both parties
Indiana Vehicle Registration Requirements
To register a new vehicle once the sale has been completed and recorded, provide the following to the DMV in Indiana:
- Completed and signed Indiana Vehicle Bill of Sale
- Title (new or reassigned)
- Odometer disclosure statement (Form 43230)
- Proof of current auto insurance
- Indiana-issued driver’s license or ID
- Titling and registration fees
- Payment for all applicable registration fees
Your proof of auto insurance will need to demonstrate that you meet the minimum coverage for bodily injury (person $25,000, per accident $50,000) and property damage ($25,000).