Buying a car --> Making a Reciept

[r_i_d_a_h]

I'm looking at buying a new car from a private seller for a family member on the weekend

as far as paper works go, i want the car to have a written reciept

Could someone show me an example of the format of what the reciept should look like such as the details of the car, details of the seller, witnesses etc, what else should be included in the reciept?

and would it be a good idea to pre-make the reciept with blanks so the seller would just need to fill in the blanks and sign away?

[Juztin]

I've got one mate, i'll scan it once im back from work.

[Jesterarts]

Wouldn't the transfer papers be the receipt...?

They have every parties details, vehicle details, payment details, etc

[r_i_d_a_h]

thanks juztin, that'll be much appreciated mate.

[Tom_1569]

Wouldn't the transfer papers be the receipt...?

They have every parties details, vehicle details, payment details, etc

No, you need a written receipt to be with the transfer papers.

Also it depends on who you strike at vicroads, my recipt had;
My name, current address,
Sellers Name, current address,
Car ID plate, Make, Model, Year, Colour and Engine number.
The date of which it was sold
Condition of being sold (unreg, as is)
Price
Both Signatures

And I striked the wicked witch at our local vicroads and she turned it down and said it was a dodgey receipt with not enough details. She want the Chassis number and Previous rego, though it was purchased unregistered.

In the end I was so bloody angry, I ended up making a stat dec 2 pages long about the cars history, with EVERY owner from 1984 and there address' and phone numbers, and every number on the car I could find. She still wasnt happy cause she had to read all about it
BUT in saying that, we have registered a car that said "I *Name* purchased a blue commodore from *name* on *date* for a sum of *price*. and had both signatures at the end and the same lady accepted it, go figure.

[SAV_117]

tom pretty much has nailed it but put the time as well just in case

[Deltak]

Hi,

I would alos add to the reciept the statement: -

"The vehicle was purchased free and clear of all debts, and with all faults - if any."

This protects you, if here is money still owing, and the previous (private) owner as you are buying the car "as is" (i.e. buyer beware).

[Jesterarts]

No, you need a written receipt to be with the transfer papers.

Also it depends on who you strike at vicroads, my recipt had;
My name, current address,
Sellers Name, current address,
Car ID plate, Make, Model, Year, Colour and Engine number.
The date of which it was sold
Condition of being sold (unreg, as is)
Price
Both Signatures

And I striked the wicked witch at our local vicroads and she turned it down and said it was a dodgey receipt with not enough details. She want the Chassis number and Previous rego, though it was purchased unregistered.

In the end I was so bloody angry, I ended up making a stat dec 2 pages long about the cars history, with EVERY owner from 1984 and there address' and phone numbers, and every number on the car I could find. She still wasnt happy cause she had to read all about it
BUT in saying that, we have registered a car that said "I *Name* purchased a blue commodore from *name* on *date* for a sum of *price*. and had both signatures at the end and the same lady accepted it, go figure.

... odd... I've sold my car without anything more that teh transfer papers and bought a car with nothing but transfer papers...

Never had an issue with vicroads... maybe it's different if you buy and sell with a RWC. (Link below, it is.)

Also... a written receipt won't protect you if there is finance owing on the car...

It's not a legal document so the people who the money is owed to will not care...

You could take the matter to court and probably win on the grounds the seller was dishonest... but that's about it...

You would need a written agreement with the party that the money is owed to, then you would be fine.

This is a link to the vicroads buying and selling section.

Transferring a currently registered vehicle in another persons name : VicRoads

So basically, if you are bying with the rego you just need the transfer form and the rwc which you are required to submit within 14 days of aquiring the vehicle.

If you are buying the vehicle un-registered, you need to work out a receipt. I would base this on the details needed for the transfer form but also include a comments section where any flaws or what not with the vehicle are acknowledged and both parties sign off on this.

Though apparently all this can also vary from state to state...

[Tom_1569]

... odd... I've sold my car without anything more that teh transfer papers and bought a car with nothing but transfer papers...

Never had an issue with vicroads... maybe it's different if you buy and sell with a RWC. (Link below, it is.)

Also... a written receipt won't protect you if there is finance owing on the car...

It's not a legal document so the people who the money is owed to will not care...

You could take the matter to court and probably win on the grounds the seller was dishonest... but that's about it...

You would need a written agreement with the party that the money is owed to, then you would be fine.

This is a link to the vicroads buying and selling section.

Transferring a currently registered vehicle in another persons name : VicRoads

So basically, if you are bying with the rego you just need the transfer form and the rwc which you are required to submit within 14 days of aquiring the vehicle.

If you are buying the vehicle un-registered, you need to work out a receipt. I would base this on the details needed for the transfer form but also include a comments section where any flaws or what not with the vehicle are acknowledged and both parties sign off on this.

Though apparently all this can also vary from state to state...

Stand corrected. Never knew you didnt need a receipt when transferring, but that does make sense actually.

[stocky]

i dont remember needing a receipt when i bought my last car. i got one, but i dont think i showed it to vicroads

[spirto]

hey,

In most cases any hand written reciept wouldn't be seen as a legal document.
I usually have them typed out on computer printed four times(two for a backup incase of mistakes at the sale). Fill out one for you, and one for the Seller.

I usually include the following.

I ........................... have purchased vehicle mentioned within this document below from ........................

Purchaser:
Name:
Drivers Licence:
Date/Time:

Seller:
Name:
Drivers Licence:
Date/Time:

Vehicle Details:
Rego:
VIN Number:

I the Purchaser have paid with:
Bank Cheque: ................
Cash (value of)..............
Direct bank deposit..........

I the Purchaser have paid this amount "in full" (protects you from them calling the cops saying they only got a deposit etc)
Buyers Signature:

Sellers Signature:

That's it in a nutshell, if you are selling you would add a bit about condition, bought as seen, etc etc. The Transfer Papers should be more than enough for transfer purposes, it has the section for transfer to you, from etc.

Thanks

[clubsport_replica]

wow sounds odd that over in w.a wether the car is reg or unregoed all that is needed is the transfer papers to be provided as proof of new ownership... i just went through this with the wa dep of infrastructure and planning due to purchasing unlic vq stato..

[andyman]

when i bought my bike i just got my name, his name, license numbers addresses and dates etc,

the agreement was i bought the bike for 5g, but paid 4,500 upfront than paid the extra 500 when he fronted up with the accessories and papers,

so when i transferred the rego, i got a good guy and he just ran it through as 4500 instead of 5g so i paid a lil less in transfer costs

[commsirac]

Ive sold two cars recently, without rwcs.

I just gave the buyers a handwritten receipt saying I sold the car(colour and model), with my name and address and seller's name(+their licence no), the cars vin no and engine no.

Both had no troubles getting the vehicles past vicroads again.

[Joe Peeps]

hey,

In most cases any hand written reciept wouldn't be seen as a legal document...

Thanks

i dont understand why it makes a difference if its written or typed - hand written documents can be legally binding

[XStatic64]

I had a hand written receipt(for deposit) -- and a small printed receipt detailing that we had exchanged funds for purchase of the car.

Paid via bank check, He signed the rego papers (thats all, just a signature :P)

So i ended up transferring rego at $16k instead of $18K :P

[Goon]

you can do a hand writting document to sell your car, ive got mine rego'd on one and so will my brother soon, just make sure the engine matches the plates on the vechile or youll need another receipt for that too.

[Deltak]

Your comment on adding the statement "Free and Clear of all Debts" is partially correct:-
"Also... a written receipt won't protect you if there is finance owing on the car...

It's not a legal document so the people who the money is owed to will not care...

You could take the matter to court and probably win on the grounds the seller was dishonest... but that's about it...

You would need a written agreement with the party that the money is owed to, then you would be fine."

The Reciept is a legal document (contract law) between you and the seller(ie both signed etc). If there is money still owing on the vehicle, you can sue the seller for the return of your money.

You are correct that it does not affect the people money is owed to, but it will get your money back -eventually.

I know of one case ( in the 70's) where the a bloke was the seventh owner of a car (Lotus Europa) and a finace company repossed the vehicle. It seems that the second owner had sold it on, still owing money.

It finally came down to the seventh owner having to sue the sixth, sixth the fith, etc back to the second owner. All the other owners had sold it in good faith, but they all got caught and had to chase their money through the courts.

Today we have the REVs system to check if any money is owed.

Annyway, the reciept is your proof of ownership. The rego papers arn't as the RTA /Vic Roads etc do not guarentee ownership!

[Jesterarts]

^^^ So it doesn't protect you... because when you're suing someone... you can lose.

When I buy a 250G Aston Martin for example... I don't want to find out that after I handed over the cash to the "owner" that I still need to give another 240G to someone that money is owed to... which I will get back at some point in the future... probably.

As you said, Best thing to do is just do a check on the vehicle and make sure there is no finance owing on it.

Simple as that.

And as you said, the receipt can be used as proof of ownership when buying a car that is not registered so you don't fill out transfer papers.

[evil_monkey]

i know you cant sell your car at auction if you dont have a proper receipt.

they state that rego papers dont proove ownership.........not sure how they figure that one out