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Bill of Sale for Car with Promissory Note
A Vehicle Bill of Sale with Promissory Note serves as an agreement for the sale of a car or other type of vehicle, and documents the transfer of ownership of the vehicle from the seller to the buyer. It serves as a receipt in essence and documents the details of the purchase, including providing security for the payment of the purchase price as agreed to by the parties. Additionally, and most importantly, it is necessary when transferring the title of a car or other motor vehicle, and should not be overlooked when buying or selling a used car. With this document the purchaser will be able to verify that they are the legal owner of the car, truck, motorcycle or other type of vehicle and allows for the specific information regarding the vehicle to be customized, including the vehicle's model, year, VIN and the purchase price.