Whether you live in the Vermont Lowlands, the Valley of Vermont, the Vermont Piedmont, the Green Mountains, the Taconic Mountains, or the Northeast Highlands of Vermont, if you are thinking about privately selling your used car or truck, you’ve come to the right place. With an estimated 300,000 registered trucks and cars in the state of Vermont, it’s no wonder that thousands of private vehicle sellers from the Green Mountain State have used Autotrader to sell their car. Below, we’ve outlined the steps required to sell a car in the state of Vermont so you can sell your car quickly for the most cash.
Remember, most states consider the vehicle title a legal document, so the legal names (no nicknames) of both parties involved should be used, along with legible handwriting using black or blue ink. Mistakes, errors, and using White-Out may void the document so be careful and take your time filling it out.
Step 1: Allow the buyer to have the car inspected by a third party
Step 2: Organize and gather all related vehicle documentation
Step 3: Bill of Sale
Step 4: Transfer the title
Step 5: Remove your plates and cancel your insurance
Many vehicle shoppers who buy a car privately pay for a pre-purchase vehicle inspection conducted by a qualified and licensed auto mechanic of their choosing. Although the buyer pays for this inspection, the seller and buyer must agree on when and where the inspection is to be held. If the inspection does find any issues with the car, it is a good idea for you as the seller to keep the report for your records. Vermont does not require this inspection and doesn’t have any forms that need to be filled out, but it’s a good idea for the buyer to have the inspection performed prior to the purchase.
Find all maintenance records, the owner’s manual and other paperwork related to the vehicle. If you can provide the buyer with extensive and detailed maintenance records, this will help provide the buyer with confidence that you’ve maintained the car in a proper and regular manner. You may even want to consider including a vehicle history report from a service like CarFax or AutoCheck.
The most important document when selling a car is the certificate of title. If there is a lien on the title, the lienholder must release interest in the vehicle before the car is sold. This can be achieved either by the seller paying off the car or by getting a lien release from the lienholder. The official lien release form for the state of Vermont is form VT-08 and must be filed with a $35 fee.
Vermont requires a bill of sale to be filled out by the buyer and the seller for private vehicle purchases. The official Vermont bill of sale is form VT-005 which contains the following information:
After the bill of sale is filled out and signed, it’s a good idea for the seller to make a copy and hold onto it as proof that the car has legally changed hands. If the vehicle being sold is 9 model years old or newer, the Odometer Disclosure Statement on the back of form VT-08 must be completed and signed by the buyer and the seller.
If the vehicle’s title has been lost, stolen or badly damaged, you can get a replacement/duplicate Vermont title by filling out form VT-04. With that form filed at the DMV plus a $35 fee you can get a duplicate title.
The buyer and the seller both need to fill out the relevant sections on the back of the title. This information includes the legal name, address, and signature of the buyer and the seller(s) along with the date of the sale, and the odometer reading. When this is filled out accurately and legibly, it makes it easy for the buyer to transfer registration and acquire a new plate.
If you’re wondering about gifting a car to a relative, you can follow the same process that is outlined below to transfer the title. For inheriting a car, it’s a similar process, but you’ll need to file documentation of the inheritance with the county along with the title of the vehicle in question. This process can be made easier if a Transfer on Death (form VT-007) is filled out ahead of time. Additionally, Vermont provides this information covering the death of a vehicle owner.
The seller must remove their license plates before handing the vehicle over to the buyer. If you do not do so, you may be liable for any violations after the buyer has taken possession of the vehicle. After the sale of your vehicle, you have the option of transferring the plates to another vehicle, which will require filling out sections 1-8 of form VD-119. Make sure to cancel your insurance as soon as possible after you’ve removed your plates so you don’t continue paying to insure a car that you no longer own.
For more information, visit the Vermont DMV website.
The following paperwork is required for selling a car in Vermont:
Yes, a bill of sale is required for private car sales in Vermont. The official Vermont bill of sale is form VT-005.
Yes, your license plate must be removed upon the sale of the car. If you want to transfer them to another vehicle, you need to fill out sections 1-8 of form VD-119.