Project Vehicle vehicle bill of sale
Selling a project vehicle yacht in Louisiana? Project or non-running vehicle sale — generate the right bill of sale for your transaction.
When selling a project vehicle yacht through a private party sale in Louisiana, a bill of sale protects both the buyer and seller by documenting the transaction details and the vehicle's condition at the time of sale.
Non-running vehicles should be sold with bill of sale clauses explicitly stating "sold as non-running" or "sold for parts only." Some states require a salvage or parts-only title designation for vehicles that are not roadworthy. Clearly documenting that the vehicle does not run protects the seller from buyer claims of misrepresentation.
The bill of sale must state that the vehicle is sold in non-running condition, specify whether it is sold for parts or restoration purposes, and list any major missing components such as engine, transmission, or catalytic converter.
A project vehicle sold for parts or restoration may require extensive investment to become roadworthy. Verify that the title status allows future registration if you intend to rebuild and drive the vehicle.
In Louisiana, the title transfer fee is $68.5 and registration costs $20 - $82 depending on vehicle value. Yacht sales are subject to 4.45% state sales tax plus parish taxes (total can exceed 10%). Notarization is required for yacht bill of sale documents in Louisiana. Louisiana does not require emission testing for private-party yacht sales.
Louisiana has a 4.45% state sales tax rate. 4.45% state plus parish taxes (total can exceed 10%). Private-party yacht sales in Louisiana are subject to sales tax. Sales tax applies; parish taxes vary significantly. The title transfer fee is $69.
The most common yacht makes in private-party sales are Sea Ray, Beneteau, Boston Whaler, Grady-White, Viking. Average private-party yacht prices range from $50,000–$500,000+. Yachts average 1 NHTSA recalls per model across categories including Fuel System, Electrical, Engine.
Before completing a yacht bill of sale in Louisiana, verify these safety items:
Yacht insurance is 1–2% of hull value annually. Agreed-value policies are standard. Navigation limits and crew requirements affect premiums. Yachts depreciate 10–15% per year for the first 5 years. Well-maintained vessels from premium builders hold value best. Peak season for private yacht sales is fall/winter boat shows drive buyer interest for spring delivery, with an average of 90 days on market.
Yachts are classified as "USCG-documented vessel (over 5 net tons) or state-registered vessel" for registration purposes. Yachts are classified by length overall (LOA), not weight. Vessels over 65 ft may require a licensed captain. Federal odometer disclosure does not apply to yachts.
Yacht ownership transfer uses a Hull Identification Number (HIN). Yachts over 5 net tons are typically documented with the U.S. Coast Guard rather than state-titled. USCG documentation transfer requires filing with the National Vessel Documentation Center. USCG-documented yachts use a federal Certificate of Documentation and transfer through the National Vessel Documentation Center. State-titled yachts (uncommon for vessels this size) use state title transfer procedures.
When selling a yacht in Louisiana, the following disclosures apply:
When selling a project vehicle yacht in Louisiana, the bill of sale should clearly document the vehicle condition. Yacht insurance is 1–2% of hull value annually. Agreed-value policies are standard. Navigation limits and crew requirements affect premiums. Average yacht prices range from $50,000–$500,000+ — project vehicle vehicles typically fall in the lower range.
BillOfSaleNow has generated 1,138 bill of sale documents for Louisiana transactions, with 31 generated this month alone. The most popular vehicle type is car.
Generate a Louisiana yacht bill of sale with condition details included.
Create Louisiana Yacht Bill of SaleLouisiana requires a bill of sale for all private party vehicle sales. A project vehicle yacht may have additional disclosure requirements around condition, mileage, or title status.
Include buyer and seller details, vehicle identifiers (VIN, year, make, model), sale price, date, signatures, and a clear description of the vehicle condition as project vehicle.
Yes. A properly completed bill of sale is a legal document in Louisiana. For project vehicle vehicles, disclosing the condition protects both buyer and seller.
Louisiana charges a $68.5 title transfer fee. Registration costs $20 - $82 depending on vehicle value. Sales tax: 4.45% state sales tax plus parish taxes (total can exceed 10%). Notarization is required.
Average private-party yacht prices range from $50,000–$500,000+. Project Vehicle vehicles typically fall in the lower range. The most common makes are Sea Ray, Beneteau, Boston Whaler, Grady-White, Viking.
Require a professional marine survey before purchase — standard practice for vessels over 26 ft Inspect engine hours, service records, and oil analysis reports
45% faster sale
Vehicles whose listings include a history report spend ~45% less time on site before selling, and report-viewers are 5x more likely to become a lead.
Source: Experian / AutoCheck
$4,000 avg loss
NHTSA estimates 450,000+ vehicles per year are sold with rolled-back odometers — the average victim loses about $4,000 in downstream repair costs.
Source: NHTSA
17.5M private sales/yr
About 17.5 million private-party vehicle transactions happen in the U.S. each year — roughly 47% of the used market.
Source: Cox Automotive 2024
1 in 3 buyers
Roughly 1 in 3 used-car buyers say they suspect private sellers are hiding mechanical problems — documentation closes that trust gap.
Source: JW Surety Bonds (n=3,000)
$60–$85 mobile notary
Mobile notary visit minimums run $60–$85 — higher on weekends, plus per-mile travel fees. State-formatted documents skip the trip.
Source: Thumbtack / NNA