Fillable Form New Jersey Bill of Sale of Automobile (Sold "As Is" Without Warranty)

What is the New Jersey Bill of Sale of Automobile Form?

A New Jersey Bill of Sale of Automobile Form (Sold “As Is” Without Warranty) is a legal document that provides proof of the legal sale, purchase, and change of ownership of an automobile. The automobile bill of sale New Jersey records necessary information about the seller, buyer, and vehicle for registration purposes. The bill of sale requires notarization.

A New Jersey automobile bill of sale form allows a vehicle, boat, or other personal property to be sold without any warranties to the buyer. It also informs both parties about the property and provides evidence of the transaction.

An Odometer Disclosure Statement must be attached to the bill of sale. Federal law requires that you state the mileage of a vehicle upon transfer of ownership. Failure to complete it or providing a false statement may result in fines and/or imprisonment.

How to fill out the New Jersey Bill of Sale of Automobile Form?

Using our New Jersey Bill of Sale of Automobile template, you can electronically fill out, download, and print a PDF copy of the form here on PDFRun. By simply following the instructions below, you can accomplish the form in minutes.

County

Enter which county in New Jersey.

Seller

Enter your name.

Motor Vehicle

Enter the type of vehicle you’re selling.

County

Enter the county where the vehicle was registered.

Promissory Installment Note

Enter the full amount to be paid in dollars.

Installment Fee

Enter the installment fee in dollars.

Down Payment

Enter the down payment in dollars.

Installment Fee

Enter the remaining fee (less than the down payment) which is to be paid in installment in dollars.

Buyer

Enter your buyer’s name.

Motor Vehicle

Enter the type of vehicle you’re selling.

County

Enter the county where the vehicle was registered.

County

Enter the county where the vehicle was registered.

Make

Enter the brand of the vehicle you’re selling.

Model

Enter the model of the vehicle you’re selling.

Body Type

Enter the body style of the vehicle you’re selling.

Year

Enter the model year of the vehicle you’re selling.

Vehicle Identification Number (VIN)

Enter the vehicle identification number (VIN) of the vehicle you’re selling.

Warranty of Ownership

This section states that the seller warrants that he is the true and lawful owner of the vehicle, and that the vehicle is free of any and all legal claims, encumbrances, and offsets by others. Further, the seller warrants that he will defend the buyer against any and all lawful claims and demands whatsoever in relation to this bill of sale.

Disclaimer of All Other Warranties

This section states that other than the seller’s warranty of ownership, the buyer takes the vehicle “as-is” without any warranties, express or implied, as to its condition. The buyer has personally inspected the vehicle and accepts it “as-is”.

Additional Terms of Sale

Enter the additional terms of sale both parties have agreed.

Seller’s Signature

Affix your signature.

Printed Name

Enter your full name.

Buyer’s Signature

Affix your buyer’s signature.

Printed Name

Enter your buyer’s full name.

Note: This bill of sale requires notarization. You must fill out the following lines with the presence of a qualified lawyer (notary public).

County

Enter which country in New Jersey.

Date Sworn

Enter the date when both parties have sworn to and subscribed to this agreement following the format: Day, Month, Year.

Notary Public

Enter the notary’s commission expiration date.

Odometer Disclosure Agreement

The seller is required to complete this part of the form.

Seller

Enter your full name.

Odometer Reading

Enter the odometer reading of your vehicle in miles.

I hereby certify that to the best of my knowledge the odometer reading reflects the amount of mileage in excess of its mechanical limits.

Mark the space provided if you certify to the best of your knowledge the odometer reading reflects the amount of mileage in excess of its mechanical limits.

I hereby certify that the odometer reading is NOT the actual mileage.

Mark the space provided if you certify that the odometer reading is not the actual mileage.

WARNING: ODOMETER DISCREPANCY

Make

Enter the brand of the vehicle you’re selling.

Model

Enter the model of the vehicle you’re selling.

Body Type

Enter the body style of the vehicle you’re selling.

Year

Enter the model year of the vehicle you’re selling.

Vehicle Identification Number (VIN)

Enter the vehicle identification number (VIN) of the vehicle you’re selling.

Seller’s Full Name

Enter your full name.

Seller’s Address

Enter the address where you reside.

Seller’s City

Enter the city where you reside.

Seller’s State

Enter the state where you reside.

Seller’s ZIP Code

Enter the ZIP code where you reside.

Seller’s Signature

Affix your signature.

Buyer’s Full Name

Enter your buyer’s full name.

Buyer’s Address

Enter the address where your buyer resides.

Buyer’s City

Enter the city where your buyer resides.

Buyer’s State

Enter the state where your buyer resides.

Buyer’s ZIP Code

Enter the ZIP code where your buyer resides.

Buyer’s Signature

Affix your buyer’s signature.

Acknowledgement

This part is to be filled out with the presence of a qualified lawyer (notary public).

County

Enter which county in New Jersey.

Date Sworn

Enter the date when both parties have sworn to and subscribed to this agreement following the format: Day, Month, Year.

Notary Public

Enter the notary’s commission expiration date.

Promissory Installment Note

Both parties may complete this part of the form if they wish to formalize the payment terms and conditions associated with this bill of sale.

County

Enter which county in New Jersey.

Recitations

Date

Enter the date when you fill out this form.

Borrower/Buyer

Enter your buyer’s name.

Borrower/Buyer’s Address

Enter your buyer’s address.

Payee/Seller

Enter your name.

Place for Payment

Enter the place for payment to which both parties have agreed.

Principal Amount

Enter the principal amount your buyer has to pay in dollars.

Term

Enter the duration of the installment in months.

Monthly Payment

Enter the amount of monthly payment in dollars.

This Promissory Installment Note is given to secure the payment of the purchase price of the following motor vehicle:

Make

Enter the brand of the vehicle you’re selling.

Model

Enter the model of the vehicle you’re selling.

Body Type

Enter the body style of the vehicle you’re selling.

Year

Enter the model year of the vehicle you’re selling.

Vehicle Identification Number (VIN)

Enter the vehicle identification number (VIN) of the vehicle you’re selling.

Transfer of Title

Mark the appropriate space for the transfer of title. You may select:

• The Seller shall retain title to the Vehicle until all debts and obligations under this Note have been satisfied in full.
• The Seller transfers title to the Vehicle to the Buyer upon execution of this Note, but the Seller shall retain a security interest in the Vehicle, and the Seller shall be listed as a secured lender on the title to the Vehicle until all debts and obligations under this Note have been satisfied in full.

Note that if you choose the second option, the buyer must separately sign the “Security Agreement” form.

Interest Rate

Mark the appropriate space for the interest rate. You may select:

• Annual interest rate on matured, unpaid amounts shall be the maximum amount permitted by the Laws of the State of New Jersey.
• Annual interest rate on matured unpaid amounts shall be set at (enter the percentage) percent, or no interest shall accrue on matured, unpaid amounts.

Payment Terms

Seller’s Name

Enter your full name.

Installment Duration

Enter how long your buyer can fulfill the payment in months.

Equal Monthly Payments

Enter the amount your buyer must pay you monthly.

Payment Due and Payable

Enter the date when payment is due and payable following the format: Month, Year.

Total Principal Amount

Enter the total principal amount.

Note: If each payment is not paid on time, the remaining balance will be subject to the maximum amount of interest permitted by the Laws of the State of New Jersey.

Borrower’s Prepayment Right

This section states that the borrower (buyer) reserves the right to prepay this Note in whole or in part, prior to maturity, without penalty.

Place for Payment

This section states that the borrower (buyer) promises to pay to the order of payee (seller) at the place for payment and according to the terms for payment the principal amount plus interest at the agreed rates. All unpaid amounts shall be due by the final scheduled payment date.

Default and Acceleration Clause

This section states that if the borrower (buyer) defaults in the payment of this Note or in the performance of any obligation, and the default continues after the payee (seller) gives the borrower notice of the default and the time within which it must be cured, as may be required by law or written agreement, then the payee may declare the unpaid principal balance and earned interest on this Note immediately due. The borrower and each surety, endorser, and guarantor waive all demands for payment, presentation for payment, notices of intentions to accelerate maturity, notices of acceleration of maturity, protests, and notices of protest, to the extent permitted by law.

Interest on Past Due Installments and Charges

This section states that all past due installments of principal and/or interest and/or all other past-due incurred charges shall bear interest after maturity at the maximum amount of interest permitted by the Laws of the State of New Jersey until paid. Failure by the borrower (buyer) to remit any payment by the 15th day following the date that such payment is due entitles the payee (seller) hereof to declare the entire principal and accrued interest immediately due and payable. The payee’s forbearance in enforcing a right or remedy as set forth herein shall not be deemed a waiver of said right or remedy for a subsequent cause, breach, or default of the borrower’s obligations herein.

Interest

This section states that the interest on this debt evidenced by this Note shall not exceed the maximum amount of non-usurious interest that may be contracted for, taken, reserved, charged, or received under the law; any interest in excess of the maximum shall be credited on the principal of the debt or, if that has been paid, refunded. On any acceleration or required or permitted prepayment, any such excess shall be canceled automatically as of the acceleration or prepayment or, if already paid, credited on the principal of the debt or, if the principal of the debt has been paid, refunded. This provision overrides other provisions in this instrument (and any other instruments) concerning this debt.

Form of Payment

This section states that any check, draft, money order, or other instrument given in payment of all or any portion thereof may be accepted by the holder and handled in the collection in a customary manner, but the same shall not constitute payment hereunder or diminish any rights of the holder hereof except to the extent that actual cash proceeds of such instruments are unconditionally received by the payee (seller) and applied to this indebtedness in the manner elsewhere herein provided.

Attorney’s Fees

This section states that if this Note is given to any attorney for collection or enforcement, or if the suit is brought for collection or enforcement, or if it is collected or enforced through probate, bankruptcy, or other judicial proceedings, then the borrower (buyer) shall pay the payee (seller) all costs of collection and enforcement, including reasonable attorney’s fees and court costs in addition to other amounts due.

Severability

This section states that if any provision of this Note or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Note nor the application of the provision to other persons, entities, or circumstances shall be affected thereby, but instead shall be enforced to the maximum extent permitted by law.

Binding Effect

This section states that the covenants, obligations, and conditions herein contained shall be binding on and inure to the benefit of the heirs, legal representatives, and assigns of the parties hereto.

Descriptive Headings

This section states that the descriptive headings used herein are for the convenience of reference only and they are not intended to have any effect whatsoever in determining the rights or obligations under this Note.

Construction

This section states that the pronouns used herein shall include, where appropriate, either gender or both, singular and plural.

Governing Law

This section states that this Note shall be governed, construed, and interpreted by, through, and under the Laws of the State of New Jersey.

Note: The borrower (buyer) is responsible for all obligations presented by this Note.

Date Executed

Enter the date this agreement was executed following the format: Day, Month, Year.

Payee/Seller’s Signature

Affix your signature.

Payee/Seller’s Name

Enter your full name.

Borrower/Buyer’s Signature

Affix your buyer’s signature.

Borrower/Buyer’s Name

Enter your buyer’s full name.

Seller’s Full Name

Enter your full name.

Seller’s Address

Enter the address where you reside.

Seller’s City

Enter the city where you reside.

Seller’s State

Enter the state where you reside.

Seller’s ZIP Code

Enter the ZIP code where you reside.

Seller’s Signature

Affix your signature.

Buyer’s Full Name

Enter your buyer’s full name.

Buyer’s Address

Enter the address where your buyer resides.

Buyer’s City

Enter the city where your buyer resides.

Buyer’s State

Enter the state where your buyer resides.

Buyer’s ZIP Code

Enter the ZIP code where your buyer resides.

Buyer’s Signature

Affix your buyer’s signature.

Security Agreement

This part is necessary only if the parties selected the second option under the Transfer of Title of the Promissory Installment Note.

In addition to the Security Agreement, it is recommended that the parties complete and file the necessary Uniform Commercial Code (UCC) forms:

• The Seller (The Secured Party) should complete Form UCC1, UCC Financing Statement;
• The Buyer (The Debtor) should sign it; and
• The Seller should file it with the appropriate state agency within the State of New Jersey.

Date

Enter the date when both parties fill out this form following the format: Day, Month, Year.

Debtor

Enter the full name of your buyer.

Secured Party

Enter your full name.

Security Interest

Make

Enter the brand of the vehicle you’re selling.

Model

Enter the model of the vehicle you’re selling.

Body Type

Enter the body style of the vehicle you’re selling.

Year

Enter the model year of the vehicle you’re selling.

Vehicle Identification Number (VIN)

Enter the vehicle identification number (VIN) of the vehicle you’re selling.

Covenants

This section states that the debtor (buyer) hereby warrants and covenants:

• The debtor shall maintain insurance at all times with respect to all collateral against risks of fire, theft, and other such risks and in such amounts as the secured party (seller) may require.
• The policies shall be payable to both the secured party and the debtor as their interests appear and shall provide for 10 days written notice of cancellation to the secured party.

Default

This section states that the debtor (buyer) shall be in default under this Agreement upon the happening of any of the following:

• Any misrepresentation in connection with this Agreement on the part of the debtor.
• Any noncompliance with or nonperformance of the debtor’s obligations under the Note or this Agreement.
• If the debtor is involved in any financial difficulty as evidenced by:
  • An assignment for the benefit of creditors, or
  • An attachment or receivership of assets not dissolved within 30 days, or
  • The institution of Bankruptcy proceedings, whether voluntary or involuntary, which is not dismissed within 30 days from the date on which it is filed. Upon default and at any time thereafter, the secured party (seller) may declare all obligations secured hereby immediately due and payable and shall have remedies of a Secured Party under the Uniform Commercial Code (UCC). The secured party may require the debtor to make it available to the secured party at a place that is mutually convenient. No waiver by the secured party of any default shall operate as a waiver of any other default or of the same default on a future occasion.

This Agreement shall inure to the benefit up and bind the heirs, executors, administrators, successors, and assigns of the parties. This Agreement shall have the effect of an instrument under seal.

By

Enter your buyer’s full name.

Signature of Debtor

Affix your buyer’s signature.

Date

Enter the date when your buyer signed the agreement.

Note: The parties must file the financing statement within five (5) days from the date with the appropriate state agency within the state of New Jersey.