Coral Springs, Florida

Coral Springs, Florida Truck Bill of Sale for Lease buyout — Print a Ready-to-Sign Form

Print a truck bill of sale form for your lease buyout in Coral Springs, Florida. Fill in the details online, then print the completed document for both parties to sign.

Print a ready-to-sign form

Print Instructions

Paper Size

US Letter (8.5 × 11 in)

Margins

0.5 in minimum all sides

Ink

Black ink, laser or inkjet

Before You Print

☐Verify the VIN matches the truck title exactly
☐Confirm buyer and seller names match government-issued IDs
☐Have both parties present at the time of signing
☐Bring a valid photo ID accepted by Florida
☐Print at least two copies — one for each party

Both parties should sign with a ballpoint pen in blue or black ink. Initial any corrections rather than using correction fluid.

Lease buyout — What You Need to Know

The lessee purchases the leased vehicle at the end of or during a lease term. The leasing company (lessor) transfers the title to the buyer and a bill of sale documents the purchase price, residual value, and payoff terms.

Seller guidance

As the lessor (leasing company or financial institution), you must provide a clean title or title assignment once the buyout is complete and all fees are settled. The buyout price is typically the residual value stated in the lease agreement plus applicable purchase fees and sales tax. Provide the lessee a written purchase agreement or bill of sale confirming the purchase price, odometer reading, and VIN.

Buyer guidance

Your lease agreement states the residual value — the guaranteed buyout price. Compare this to current market value (Kelley Blue Book, Edmunds) before proceeding. You will owe sales tax on the purchase price at time of registration. Check whether your state allows you to take the title directly or whether it must route through a dealer. Some states (e.g., Texas) require lease buyouts to go through a licensed dealer.

Legal note

Lease buyouts are governed by the original lease agreement and applicable state motor vehicle laws. The Consumer Leasing Act (15 U.S.C. § 1667) and Federal Reserve Regulation M (12 CFR Part 213) require lessors to disclose buyout rights and residual values at lease origination. Some states impose dealer-only rules on buyout transactions (TX Transportation Code § 503.001). Sales tax applies in most states on the full purchase price or residual value.

Lease buyout checklist

Obtain the payoff/residual amount in writing from the leasing company
Compare residual value to current fair market value before committing
Confirm whether your state requires the buyout to be completed through a dealer
Arrange financing or cash payoff — confirm payoff wire instructions with lessor
Receive clean title assignment and bill of sale from the leasing company
Register the vehicle and pay applicable sales tax within your state deadline

Truck Safety & Recall Information

Data sourced from NHTSA safety ratings and recall databases

Average Safety Rating

4 / 5

Avg. Price Range

$8,000–$55,000

Odometer Disclosure

Required

Safety checkpoints for truck buyers

Inspect frame for rust — trucks used in salt-belt states often have hidden corrosion
Check 4WD/AWD transfer case engagement and operation
Verify towing package wiring and hitch receiver condition
Test tailgate mechanism and bed liner condition
Confirm trailer brake controller integration if equipped
Verify backup camera and parking sensors function correctly
Test tow/haul mode and check transmission cooler condition
Inspect cab corners and rocker panels for hidden rust

Common recall categories

Power TrainFuel SystemSteeringStructureElectrical

On average, each truck model has approximately 3.8 recalls. Always check your specific vehicle at NHTSA.gov/recalls before completing a sale.

Florida Tax & Fee Summary

State Sales Tax Rate

Title Transfer Fee

$75

Private Party Exempt

6% state plus county discretionary surtax (0.5–1.5%)

Tax based on purchase price or NADA book value, whichever is higher

Visit the official Florida DMV website

Local Requirements — Broward County

DMV / Title Office

Broward County Tax Collector – Coral Springs

Address

9551 W Sample Rd, Coral Springs, FL 33065

Phone

(954) 355-5000

Office Hours

Mon–Fri 8:30 AM–4:30 PM

https://www.flhsmv.gov

Transfer Fees & Taxes — Coral Springs

Title Transfer Fee

$75.25

Sales Tax Rate

7.00%

Base Registration Fee

$27.60

Florida state rate 6% + Broward County discretionary surtax 1%

Notarization: NOT REQUIRED

Florida does not require notarization for a private vehicle sale. Buyer and seller signatures on the title are sufficient.

Coral Springs Transfer Checklist

Complete HSMV 82040 (Application for Certificate of Title) at the Broward County Tax Collector
Florida sales tax + county discretionary surtax paid at time of title transfer
Title must be transferred within 30 days of purchase
Odometer disclosure required on the title for vehicles under 10 years old

County Information — Broward County

County Clerk / Recorder

Broward County Clerk of Courts

Phone

(954) 831-6565

Website

https://www.browardclerk.org

NHTSA recall watch for Coral Springs truck buyers

Before signing your lease buyout bill of sale in Coral Springs, run a NHTSA recall check on the specific year and model. Recent-model trucks with the most open recalls:

Model + year	NHTSA recalls	Top categories
2019 Ram 1500	29	Air Bags, Electrical System, Steering
2021 Ford F-150	27	Power Train, Visibility, Electrical System
2022 Ford F-150	22	Exterior Lighting, Power Train, Electrical System
2022 Ram 1500	15	Back Over Prevention, Air Bags, Visibility
2021 Ram 1500	14	Back Over Prevention, Air Bags, Service Brakes

Run a NHTSA VIN lookup at nhtsa.gov/recalls before purchase — open recalls are the seller’s responsibility to disclose under federal law, and unresolved campaigns are a routine negotiating point on the lease buyout sale price.

Coral Springs Lease buyout truck printable — when to file

Florida requires title transfer within 30 days of the sale date on the bill of sale. For lease buyout transactions specifically, file at Broward County Tax Collector – Coral Springs (9551 W Sample Rd, Coral Springs, FL 33065) during normal hours: Mon–Fri 8:30 AM–4:30 PM. Florida FL does not require a notarized bill of sale, but HSMV 82050 (or odometer disclosure) may require notarization depending on vehicle year. Miss the 30-day window and Florida typically charges a late-transfer penalty plus accrued use tax, and the seller can remain on the title for civil liability until the buyer completes retitling. Bring the signed title, the completed Coral Springs bill of sale, your government-issued ID, and payment for the $75.25 title transfer fee plus 7.00% sales tax on the purchase price.

Printable reminder. Whether you keep your printable as a printed two-copy paper record, both buyer and seller should leave the signing with an identical executed copy. The buyer needs the original to present at Broward County Tax Collector – Coral Springs; the seller keeps a duplicate to prove the date of transfer if a future liability question arises before the title fully retitles.

Frequently asked questions

What lease buyout documents do I need for a truck sale in Coral Springs, Florida?

For a lease buyout truck transaction in Coral Springs, you need: Obtain the payoff/residual amount in writing from the leasing company; Compare residual value to current fair market value before committing; Confirm whether your state requires the buyout to be completed through a dealer; Arrange financing or cash payoff — confirm payoff wire instructions with lessor; Receive clean title assignment and bill of sale from the leasing company; Register the vehicle and pay applicable sales tax within your state deadline.

What is the sales tax on a truck private sale in Coral Springs, Florida?

The combined sales tax rate in Coral Springs is 7.00%. Florida state rate 6% + Broward County discretionary surtax 1%

Do I need to notarize a truck bill of sale in Florida?

No, notarization is not required. Florida does not require notarization for a private vehicle sale. Buyer and seller signatures on the title are sufficient.

What are common recalls for a truck?

Common recall categories for trucks include: Power Train, Fuel System, Steering, Structure, Electrical. On average, each truck model has approximately 3.8 recalls. Always check your specific vehicle at NHTSA.gov before completing a sale.