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Arizona law does not explicitly require a Bill of Sale to process a title transfer at the MVD. However, drafting one is highly recommended for your protection. A Bill of Sale serves as a legal receipt and proves the purchase price and date, which can be crucial if disputes arise later. A proper Bill of Sale should include:
1. The Vehicle Identification Number (VIN)
2. The make, model, and year of the car
3. The final sale price and the date of sale
4. The printed names and signatures of both the buyer and seller
Although you are exempt from sales tax, you will be responsible for paying registration fees and the annual Vehicle License Tax (VLT) when you title the car in your name at the MVD. The VLT is based on the assessed value of the vehicle.
In Arizona, the license plate stays with the seller. Plates are registered to the individual, not the vehicle. The seller is required by law to remove their plate before you take possession of the car. Do not drive the car with the seller's plates attached.
To legally transfer ownership, the seller must sign the back of the Arizona Certificate of Title. In Arizona, this signature must be notarized to be valid. You can find notary services at local banks, shipping stores, and authorized third-party MVD providers along Highway 69 and Glassford Hill Road. Once the title is signed and notarized, take it to the local MVD office or an authorized provider to complete the transfer and register the vehicle in your name.
To drive your newly purchased car home or to the MVD office, you must obtain a "Restricted Use 3-Day Permit." This temporary permit can be purchased and printed online through the AZ MVD Now website, which is the most convenient option for residents in Prescott Valley.
When meeting a stranger for a private sale, always prioritize safety. It is best to meet in a public, visible area during daylight hours. Good options in Prescott Valley include:
1. The parking lot of the Prescott Valley Police Department.
2. Busy shopping centers like the Prescott Valley Crossroads or the entertainment district near the Findlay Toyota Center.