Paperwork Needed to Sell or Buy a Car in Arkansas
Selling a car in Arkansas requires a few important documents to ensure the process is legal and smooth. This comprehensive list provides all the necessary paperwork you'll need, along with helpful links to resources for each step.
1. Vehicle Title
The vehicle title is the most critical document. Make sure it is signed by both the seller and the buyer. If there is a lien on the vehicle, you must also provide a lien release.
For more information on vehicle titles, visit: https://www.dfa.arkansas.gov/motor-vehicle/
2. Bill of Sale
A bill of sale provides proof of the transaction and includes details such as the purchase price, vehicle identification number (VIN), and the names and signatures of both parties. It's a good idea to have a bill of sale, even though it might not be required in all cases.
You can download a bill of sale template here: https://www.dfa.arkansas.gov/images/uploads/motorVehicleOffice/billofsale.pdf
3. Odometer Disclosure Statement
Federal and state laws require an odometer disclosure statement for vehicles less than ten years old. This can often be found on the back of the title or as a separate document.
Visit their page for more information on odometer disclosure requirements.
4. Lien Release
If there is a lien on the vehicle, you need to provide a lien release from the lender. This document confirms that the lender no longer has an interest in the vehicle.
For more information on lien releases.
5. Notice of Transfer of Ownership
After selling your vehicle, you should submit a Notice of Transfer of Ownership to the Arkansas Department of Finance and Administration. This helps protect you from future liabilities related to the vehicle.
Submit the Notice of Transfer of Ownership online, click here.
6. Arkansas Vehicle Registration
Provide the buyer with the current vehicle registration. This helps verify the vehicle's legality and ownership history.
For more information on vehicle registration, visit: https://www.dfa.arkansas.gov/motor-vehicle/
Helpful Resources
