West Virginia Buy Here — Pay Here Dealer Affidavit is a document used by West Virginia dealerships when a vehicle is purchased through a buy here — pay here arrangement. This legally-binding document serves as an affidavit of title, and must be completed by the buyer and seller. It contains information about the vehicle, including make, model, year, and mileage; the price paid for the vehicle; and any existing liens or encumbrances against the vehicle. The Buy Here — Pay Here Dealer Affidavit also states the buyer's agreement to pay the balance of the purchase price in full to the dealer. There are two types of West Virginia Buy Here — Pay Here Dealer Affidavit: a Buy Her— - Pay Here Dealer Affidavit for a Vehicle and a Buy Here — Pay Here Dealer Affidavit for a Motorcycle.
West Virginia Buy Here - Pay Here Dealer Affidavit
Description
How to fill out West Virginia Buy Here - Pay Here Dealer Affidavit?
Handling legal documentation requires attention, precision, and using properly-drafted blanks. US Legal Forms has been helping people countrywide do just that for 25 years, so when you pick your West Virginia Buy Here - Pay Here Dealer Affidavit template from our library, you can be certain it meets federal and state regulations.
Working with our service is straightforward and fast. To obtain the necessary paperwork, all you’ll need is an account with a valid subscription. Here’s a brief guideline for you to obtain your West Virginia Buy Here - Pay Here Dealer Affidavit within minutes:
- Make sure to attentively look through the form content and its correspondence with general and legal requirements by previewing it or reading its description.
- Search for an alternative official blank if the previously opened one doesn’t suit your situation or state regulations (the tab for that is on the top page corner).
- ​Log in to your account and download the West Virginia Buy Here - Pay Here Dealer Affidavit in the format you prefer. If it’s your first time with our service, click Buy now to proceed.
- Register for an account, decide on your subscription plan, and pay with your credit card or PayPal account.
- Decide in what format you want to save your form and click Download. Print the blank or upload it to a professional PDF editor to submit it electronically.
All documents are drafted for multi-usage, like the West Virginia Buy Here - Pay Here Dealer Affidavit you see on this page. If you need them one more time, you can fill them out without re-payment - simply open the My Forms tab in your profile and complete your document any time you need it. Try US Legal Forms and accomplish your business and personal paperwork rapidly and in total legal compliance!
Form popularity
FAQ
If the vehicle is purchased from an individual and the purchase price is below 50% of the current NADA Clean Loan Book value, a notarized bill of sale must accompany the application for title, or the tax will be assessed on the NADA Clean Loan Book value.
Registering a Vehicle in West Virginia. Vehicles must be registered in person with the WV DMV at the local branch. Residents of West Virginia need to bring their title, driver's license, completed application form (available below), and payment for the registration fee.
A registration fee of $30 that includes litter and insurance fees. The title will cost $10. There is a lien fee if you are still paying on the car that will be $5. The titling sales tax will be 5% of the price paid for the car.
Generally, you are allowed to sell no more than four vehicles per year without having an auto dealers license under Department of Licensing (DOL) guidelines. However, you are not allowed to title these vehicles in your name without paying either sales tax or use tax.
West Virginia DMV Title Transfer Guide Provide your information and signature on the vehicle title. Complete the title application. Complete an odometer certification (if applicable) Gather payment for the required WV vehicle title fees and sales tax.
You may renew your vehicle registration with DMV Online Services. You must provide all required information on your insurance, personal property taxes, and you must have a valid credit card for payment.
Fees required to title a new vehicle include a $15 title fee, 6% titling sales tax on vehicles with a net purchase price over $500 or $30? on vehicles with a net purchase price under $500, $10 lien fee (if applicable), and the registration fee and/or registration transfer fee.
Does a bill of sale have to be notarized in West Virginia? Yes. The seller and buyer need to complete and sign the West Virginia's official bill of sale, form DMV-7-TR, in front of a notary.