Paperwork Needed to Sell or Buy a Car in Wisconsin
Selling a car in Wisconsin involves specific paperwork to ensure the sale is legally binding and smoothly processed. Below is a comprehensive list of the necessary paperwork, along with helpful links to relevant resources.
1. Certificate of Title
You'll need to sign over the vehicle's Certificate of Title to the buyer. Ensure that you complete the title transfer section, including your signature, the buyer’s information, and the odometer reading. If there is a lien on the vehicle, you must clear it before selling.
Wisconsin DMV Title Transfer Guide
2. Bill of Sale
Although not required by law, it's a good idea to provide a Bill of Sale that includes the vehicle details, sale price, and the date of the transaction. This document helps both parties in case of any future disputes.
Wisconsin Bill of Sale Template
3. Odometer Disclosure Statement
Federal law requires sellers to provide an Odometer Disclosure Statement for vehicles less than 10 years old. This statement is typically included in the title document, but you can provide a separate one if needed.
Odometer Disclosure Statement Form
4. Wisconsin Sales Tax Form (ST-12)
If you're selling the car privately, you'll need to fill out a Wisconsin Sales Tax Form (ST-12) for tax purposes. The buyer is responsible for paying the sales tax, but you may be asked to provide this document as part of the transaction.
Wisconsin Sales Tax Form ST-12
5. Release of Liability
After the sale, it's essential to notify the Wisconsin DMV that you are no longer the owner of the vehicle. This can be done by filing a Release of Liability form to ensure you are not held responsible for any incidents involving the vehicle after the sale.
Wisconsin DMV Release of Liability Instructions
6. Lien Release (if applicable)
If your vehicle has a lien, you'll need to provide a lien release from the financial institution to clear the title. The lienholder will need to send you the release document before you can legally sell the vehicle.
Wisconsin DMV Lien Release Information
Additional Tips
- Ensure all forms are filled out completely and correctly.
- Keep copies of all documents for your records.
- Check with the Wisconsin DMV for any additional requirements specific to your situation.
