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Automobile Bill of Sale
An automobile bill of sale is a document that is used at the time of transferring title of a new automobile or used car. This is done at the time of sale. You can use this automobile bill of sale in all 50 states in the US. It is possible to get the template for the automobile bill of sale online. Creating an auto or motor vehicle bill of sale then becomes very simple. An automobile bill of sale is critical as it is necessary to properly document the sale transaction. A comprehensive automobile bill of sale is a good document, especially if it is notarized. This bill of sale assumes importance in the event of any hidden liens and other problems with the vehicle. Federal Law requires that the buyer be supplied with an Odometer Disclosure Statement at the time of the used automobile purchase. A professionally prepared Automobile Bill of sale lists important details pertaining to the automobile, like the make, model, year, cylinders and engine specifications. Odometer Certification Clause as well as Disclosure and Warranty Clause are also important items on an automobile bill of sale.
Automobile Blue Book
The Automobile blue book is the best-known used-automobile pricing guide in the United States. The first Kelley Blue Book was published in 1926. Les Kelley built a thriving car building and dealership company in California. He handed out price evaluations to banks and other car dealers, which came to be looked upon as a guide to current automobile market values. This Blue Book of Motor Car Values became the guide for dealers, financial institutions, insurance companies and consumers… and the Kelley Blue Book or Automobile Blue Book was born!
This Automobile Blue Book thrived as a trade publication for nearly three decades and was keenly subscribed within the automotive industry. Gradually in the late 1960s, new automobile prices were added. The Kelley Automobile Blue Book remains the leading provider of automobile pricing information. Since 1995, the Kelley Blue Book became an online automobile pricing guide.
Automobile Blue Book Value / Automobile Rating
The Automobile blue book value is of importance to a person interested in selling or buying an automobile. The trade –in value given by the Automobile blue book is the value that is likely to be offered by a dealer when trading in your used automobile. The Private Party value is the value that can be expected when you sell your automobile to another consumer. The Automobile Blue Book value published in the trade editions is used by the wholesale industry. Dealers use the Automobile Blue book as a guide to estimate a vehicle’s value
The Automobile Blue Book offers suggested retail values on a wide range of vehicles. You can look up the Automobile Blue Book value of a base vehicle with no optional equipment or even the top-of-the-line engine model. An Automobile Blue Book value gives ratings of excellent, good, fair and poor to automobiles based on certain criteria.
Excellent Rating: This automobile rating indicates that the vehicle is in excellent mechanical condition and has passed the smog test. Glossy painted body, proper tires, clean title and automobile history are requisites for an excellent automobile rating.
Good Rating: A good automobile rating shows that the vehicle is sans major defects. Most used cars fall in this category. Minor blemishes in paint, body and interior coupled with no major mechanical problems qualify for a good automobile rating.
Fair Rating: When an automobile gets a fair rating, it is likely that the vehicle has some mechanical defects but is in decent running condition. Replacement of tires and paint and bodywork may be required. A fair automobile rating assumes a clean automobile history. Many a time, even after significant reconditioning, the automobile may not qualify for an Automobile Blue Book Value.
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