Why does a uvip include a bill of sale

April 5. March 4. January 4. December 3. November 5. October 4. May 5. April 4. March 5. February 3. January 6. October 3. September 3. February 4. September 1. The reason that it's relatively foolproof is that the bill of sale is included in the UVIP — the document you must legally present to a buyer.

If you go through the UVIP page-by-page, you're certain to see the bill of sale that a buyer needs in order to register the car and pay taxes. For example, if you were to buy a vehicle from a private seller in Alberta or New Brunswick, you need to know what goes on a bill of sale to ensure you don't have to make the long, arduous drive back to get another one.

Once you have a bill of sale in hand, make a copy for your own records as well as a backup in case you lose the original. However, the seller makes no guarantee on the fitness of the vehicle. Every vehicle manufactured across the globe comes with a vehicle identification number, or VIN. The reason to include this on the bill of sale is to provide clarification and certainty that the vehicle you're purchasing is the one being sold. Be sure to compare the VIN on the bill of sale to the owner's permit and the VIN on the vehicle usually found on the dash or inside the driver's side door to ensure the numbers match.

This serves as another point of clarity to ensure you're buying and eventually registering the correct vehicle. Because Service Ontario requires you to register a used car within six days of purchase, the purchase date is integral.

You risk penalties from ServiceOntario or a ticket from the police if you let this period lapse without registration. The purchase price, or sale price, is another important facet of the bill of sale due to tax implications. You can't register the vehicle without the name, address, and signature of the buyer. Sure, you could fill in the information at a later date.

But without the seller's information, you won't be able to register the vehicle. Although a bill of sale in Ontario is a crucial document, it doesn't have to be a work of art. Use the same information when selling all types of vehicles :. This means you are purchasing the item in its current state. There is no warranty or quality guarantee.

The seller is not liable for issues once the sales transaction is complete. For example, you purchase a vehicle. You drive it home and it stops working two days later.

A bill of sale should include all the important information about the transaction. It should list the buyer, seller and sale price. It should also include the description of the item sold and terms of the deal. A bill of sale can be handwritten. If it is, make sure it has all the necessary information. Prepare For Transfer of Ownership To sell your car, locate the Application for Transfer form, also known as the registration permit, which is on the back of your ownership permit, below the vehicle portion.

Let the Buyer Take it for a Spin Buying a new vehicle is about transportation and comfort. What Items Do You Keep? Get Car Detailing Before selling your car, have complete car detailing done. Categories Uncategorized Recent Posts. Repair Quote. Schedule Auto Service To schedule an appointment give us a call at or fill out the form below with your information and requested services.