Delaware Report of Sale - With Buyer's Info

State:
Delaware
Control #:
DE-MV-24
Format:
PDF
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Description Dmv Report Of Sale Form

Report of Sale - With Buyer's Info

A Delaware Report of Sale — With Buyer's Info is a form used to report the sale of a motor vehicle within the state of Delaware. It is required by the Delaware Division of Motor Vehicles (DMV) and must be submitted to the DMV within ten days of the sale. The form must include the vehicle identification number (VIN), make, model, year, odometer reading, and the buyer's name, address, and driver's license number. There are two types of Delaware Report of Sale — With Buyer's Info: one for motor vehicles and one for mobile homes. Both forms are available from the DMV website.

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FAQ

Document Fee: 4.25% of purchase price or NADA book value, whichever is greater.

Transfer the vehicle title Once all your forms are filled out and signed, it will cost $35 to transfer the title to your giftee, and $40 to register the vehicle for road use. Additionally, Delaware charges 4.25% of the sale price or trade-in value (whichever is greater) to cover the document fee.

In order to change your vehicle's registration and title, you must present the vehicle's current certificate of title, registration card, valid proof of Delaware liability insurance and your driver's license showing your new name or a marriage certificate or court document as proof of the name change.

A bill of sale has no signing requirements, but it is recommended for the buyer and seller to sign, and notarization is optional but recommended. Odometer Disclosure Statement (Federal Form) ? Applies to non-self-propelled vehicles less than 16,000 lbs and under ten (10) years old.

The buyer must provide valid proof of insurance, bill of sale or certificate of title, vehicle identification number and vehicle make and year. When possible, the seller should accompany the buyer to the Delaware DMV to ensure the transfer of the title to the buyer.

Delaware requires the buyer to provide proof of Liability Insurance a Delaware Driver's License or two accepted proofs of residency when applying for title. DMV recommends that all parties appear at our office to complete the transfer.

The fee for transferring title to a vehicle shall be $35. A $35 penalty fee shall be charged for the issuance of a new certificate of title on a Delaware titled vehicle when the application is received more than 30 days after the transfer date of said vehicle.

Be sure to include the buyer's name and address, date of sale, purchase price, and Odometer Disclosure. All sellers are required to sign the title and print their name(s) in the appropriate blocks if ownership is indicated as "AND" on the front of the title.

More info

Request the buyer's name and address in case there are title or registration problems after the sale. • Prepare a bill of sale for the buyer.Collect Your Payment And Complete The Transaction. With the bill of sale complete, it's now time for money to change hands. You might have a Notice of Sale form at the bottom of your title which needs to be mailed to the Illinois Secretary of State. Documents You Need To Sell Your Car In Illinois. Certificate of Title. • Complete the "Notice of Sale" form that can be detached from the car's title. If you're buying or selling a vehicle, these documents are essential for completing the transfer of ownership. When a vehicle is sold (or otherwise transferred) you, the seller, are required to: complete a sold notice on AZ MVD Now.

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Delaware Report of Sale - With Buyer's Info