Account
Get our app
Account Start free trial Log in

Start Your Car Bill of Sale

Make document

1. First and foremost, get prepared. 

  • You can avoid a lot of the pitfalls if you do some homework beforehand and arrive at the car dealership ready. 
  • Research the price for the car you're interested in, know your spending limit and set a budget. 
  • Find out your credit score.  The better your credit score, the more likely you'll be approved for a car loan and the better your interest rate.  The three credit bureaus are Equifax.com, Experian.com, and Transunion.com.  

2. Be wary of the dealership's loan offer, because it might not be the best deal for you.

  • Consider getting auto financing before you visit the car dealership.  You can go to your bank or credit union, or even check with online providers.  
  • Most dealers will try and get you to focus only on the monthly payment, without allowing you to consider the interest rate.  If you know that you qualify for a certain interest rate ahead of time, you can avoid inflated interest rates.

3. Take the time to read and review what you are being asked to sign, and complete a Bill of Sale if needed.

  • You may do your best work in negotiating with a salesman verbally and you may shake hands on a final price, but the contract you sign may obligate you to unexpected higher costs, or things you've never discussed.  Pay attention and take your time and make sure that the contract explicitly states the monthly payment, the interest rate, and any "extras" (such as an extended warranty, or other items) they may try to get by you.
  • Don't waive your rights; for example, in CA and other states there is a cooling off period where you can void the contract for a set amount of time.
  • Check for any penalties - late payments, increases in interest rates, etc.
  • Check to see if your contract allows you to return the car within a certain time period.
  • If you are financing a car sale through a private party (ie, not through a dealership), complete a Car Bill of Sale to transfer ownership of the vehicle.

Please note: This page offers general legal information, not but not legal advice tailored for your specific legal situation. Rocket Lawyer Incorporated isn't a law firm or a substitute for one. For further information on this topic, you can Ask a Legal Pro.


Written and Reviewed by Experts
Written and Reviewed by Experts
This article was created, edited and reviewed by trained editorial staff who specialize in translating complex legal topics into plain language.

At Rocket Lawyer, we believe legal information should be both reliable and easy to understand—so you don't need a law degree to feel informed. We follow a rigorous editorial policy to ensure every article is helpful, clear, and as accurate and up-to-date as possible.

About this page:

  • This article was written and reviewed by Rocket Lawyer editorial staff
  • This article was last reviewed or updated on Mar 24, 2025

Ask a Legal Pro

Our Legal Pros are here for you.
Characters remaining: 600
Meet our featured Legal Pros

Try Rocket Lawyer FREE for 7 days

Get trusted legal help at a price that works for you. Your free 7-day trial includes:

Unlimited documents & signatures
Personalize, RocketSign®, and share any legal document you need

Business filings made simple
Start your business, stay compliant, and protect your ideas — all in one place

Ask a Legal Pro
Get answers to your legal questions or have your documents reviewed by a Legal Pro

Retain a Legal Pro
Get personalized help for more complex legal matters

Member-only savings
Enjoy exclusive discounts for Legal Pro services and partner offers

Legal help, anywhere
Use our free app to get legal support whenever and wherever you need it