Sample Transaction Details
Below is a fictional example showing what a completed utv bill of sale looks like for Dover-Foxcroft, Maine:
Seller
Jane Dover-Foxcroft
Buyer
Michael Dover-Foxcroft
Condition
As-Is, No Warranty
Key Sections Explained
- VIN (Vehicle Identification Number)
- The unique 17-character code assigned to every motor vehicle. Always verify this matches the title and the plate on the dashboard.
- Odometer Disclosure
- Federal law requires the seller to certify the mileage reading. Tampering with an odometer is a federal crime.
- As-Is Clause
- States the vehicle is sold without warranty. The buyer accepts all risk for future repairs unless otherwise noted.
- Signatures & Date
- Both parties must sign and date the document. Some states require signatures to be witnessed or notarized.
This is a sample only
Replace all names, vehicle details, and prices with your actual transaction information. Use our generator to create a legally compliant document for your real sale.
Financed vehicle — What You Need to Know
The buyer is financing the purchase through a lender. The lender will hold a security interest in the vehicle until the loan is paid in full, and the title will reflect the lienholder.
Seller guidance
If you are selling as a private party offering financing (seller financing), the transaction is governed by the Truth in Lending Act (TILA), Regulation Z (12 CFR Part 1026). You must provide the buyer a written disclosure of APR, finance charge, amount financed, total payments, and payment schedule. Failure to comply can expose you to civil liability.
Buyer guidance
When financing through a bank or credit union, your lender will place a lien on the title. You will not receive a clear title until the loan is paid off. Under TILA, you have the right to a written disclosure of all loan terms before signing. Review the APR and total cost of financing carefully.
Legal note (Maine-specific)
ME requires the lienholder to release the lien before title transfer. The lienholder provides a written release. Transfer title within 30 days.
Financed vehicle checklist
- Obtain pre-approval letter or lender commitment before finalizing sale price
- Confirm lender's payoff instructions if seller has an existing lien
- Record the new lienholder on the title at the DMV
- Review TILA disclosure for APR, finance charge, and payment schedule
- Retain a copy of the signed bill of sale and loan documents
- Obtain written lien release from lienholder after payoff
- Submit lien release at ME BMV
- Transfer title within 30 days
UTV Safety & Recall Information
Data sourced from NHTSA safety ratings and recall databases
Average Safety Rating
0 / 5
Avg. Price Range
$5,000–$25,000
Odometer Disclosure
Not required
Safety checkpoints for utv buyers
- Verify ROPS (Roll-Over Protective Structure) is intact and unmodified
- Check seat belt function for all seating positions
- Inspect half doors and nets for proper latching
- Test differential lock and selectable drive modes
- Confirm headlights, taillights, and brake lights all function
- Verify parking brake holds the vehicle on a 15-degree slope
- Check that windshield (if equipped) is rated and unmodified
- Test horn and warning beeper function
Common recall categories
SteeringFuel SystemFire HazardSuspensionSeat Belts
On average, each utv model has approximately 2.8 recalls. Always check your specific vehicle at NHTSA.gov/recalls before completing a sale.
Dover-Foxcroft Financed vehicle utv example — when to file
Maine requires title transfer within 30 days of the sale date on the bill of sale. For financed vehicle transactions specifically, file at Maine DMV – Dover-Foxcroft (Visit https://www.maine.gov/sos/bmv to find the nearest Dover-Foxcroft office) during normal hours: Mon–Fri 8:00 AM–5:00 PM (verify hours with local office). Miss the 30-day window and Maine 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 Dover-Foxcroft bill of sale, your government-issued ID, and payment for the $33.00 title transfer fee plus 5.5% sales tax on the purchase price.
Example reminder. Whether you keep your example as a reference example, both buyer and seller should leave the signing with an identical executed copy. The buyer needs the original to present at Maine DMV – Dover-Foxcroft; the seller keeps a duplicate to prove the date of transfer if a future liability question arises before the title fully retitles.