Repossession sale — Virginia

Virginia Side by Side bill of sale for repossession sale

Complete your Virginia side by side bill of sale for a repossession sale transaction. Enter buyer and seller details, vehicle information, and generate a signed PDF in minutes.

VirginiaSide by SideRepossession sale

BillOfSaleNow Legal Team

Reviewed against state DMV requirementsLast reviewed: March 20266 min readEditorial policy

What to know about repossession sale sales in Virginia

As the repossessing lender, you must comply with UCC Article 9 (§ 9-610 through § 9-627) disposition requirements: provide reasonable notice to the debtor, conduct a commercially reasonable sale, and apply proceeds to the outstanding debt. Document the repossession date, notice sent, and sale details. You will need to obtain a repossession title (or bonded title if the original title is unavailable) from your state DMV to convey clear title to the buyer.

What to include in your bill of sale

Full legal names and addresses for both buyer and seller.
Side by Side make, model, year, VIN, and current mileage.
Agreed sale price, payment method, and transaction date.
Any repossession sale-specific disclosures required in Virginia.

Seller guidance

Buyer guidance

Purchasing a repossessed vehicle can offer significant savings, but title issues are the main risk. Confirm the lender has completed the legally required notice-and-sale process and can provide a clean title. Order a VIN history report and confirm the vehicle is not subject to any additional liens, judgments, or law enforcement holds. Verify the vehicle was not reported stolen (check NMVTIS).

Legal considerations

Repossession sales are governed by UCC Article 9, Part 6 (§§ 9-601 to 9-628) and state motor vehicle laws. The creditor must give the debtor and any secondary obligor reasonable authenticated notice under UCC § 9-611. A non-compliant repossession sale may expose the creditor to liability under § 9-625. Some states impose additional notice periods (e.g., California Civil Code § 2983.2 — 15 days written notice). The buyer takes title free of subordinate liens if the sale is commercially reasonable.

Virginia Side by Side transfer fees and requirements

In Virginia, the title transfer fee is $15 and registration costs $30.75 - $35.75 per year. Side by Side sales are subject to 4.15% motor vehicle sales and use tax (SUT). Virginia does not require notarization for private-party side by side transfers. Emission testing is required in Virginia — verify the side by side passes before completing the sale.

4.15% SUT applies to all vehicle sales
Annual safety inspection required
Emissions testing required in Northern Virginia, Richmond, and Hampton Roads
Title transfer within 30 days of purchase

Virginia sales tax on side by side purchases

Virginia has a 4.15% state sales tax rate. 4.15% motor vehicle SUT statewide. Private-party side by side sales in Virginia are subject to sales tax. Motor vehicle sales and use tax applies to all sales. The title transfer fee is $15.

Side by Side market data and safety information

The most common side by side makes in private-party sales are Polaris, Can-Am, Honda, Yamaha, Kawasaki. Average private-party side by side prices range from $5,000–$30,000. Side by sides average 2.6 NHTSA recalls per model across categories including Steering, Fuel System, Fire Hazard.

Safety checkpoints for buying a used side by side

Before completing a side by side bill of sale in Virginia, verify these safety items:

Verify ROPS (cage) is intact and meets manufacturer specifications
Check all seat belts and door/net latching mechanisms
Inspect CV axles and boots — the highest-wear item on side-by-sides
Test power steering operation and differential lock engagement
Confirm headlights, taillights, brake lights, and (where required) turn signals function
Verify horn and reverse-warning beeper operation
Check that windshield (if equipped) is rated and unmodified
Inspect parking brake operation on a 15-degree slope

Side by Side insurance and depreciation in Virginia

Insurance averages $200–$600/year. Multi-passenger models cost more. Required for on-road use. Side-by-sides depreciate 30–40% in 3 years. Sport models (RZR, Maverick) depreciate faster than utility models (Ranger). Peak season for private side by side sales is spring for recreation, fall for hunting season, with an average of 25 days on market.

Side by Side registration and titling

Side by Sides are classified as "Off-highway vehicle (OHV) — some states allow street-legal conversion" for registration purposes. Side-by-sides range from 1,000–2,000 lbs. Multi-seat crew models weigh more. Federal odometer disclosure does not apply to side by sides.

Virginia requirements for repossession sale side by side sales

For repossession sale side by side transactions in Virginia, the buyer must pay 4.15% motor vehicle sales and use tax (SUT) and a $15 title transfer fee. Notarization is not required. Odometer disclosure is required.

4.15% SUT applies to all vehicle sales
Annual safety inspection required
Emissions testing required in Northern Virginia, Richmond, and Hampton Roads
Title transfer within 30 days of purchase

Safety tips for repossession sale side by side transactions

When completing a repossession sale side by side sale in Virginia, always verify the vehicle against NHTSA recall databases. The most common side by side recall categories are Steering, Fuel System, Fire Hazard. Check recalls at NHTSA.gov/recalls before signing the bill of sale.

Checklist for repossession sale side by side sale in Virginia

Confirm the repossessing lender has completed the UCC Article 9 notice-and-sale process
Verify the lender can provide a clean repossession title or title assignment
Run a VIN history report (NMVTIS, CARFAX) — confirm no stolen vehicle flag or additional liens
Inspect the vehicle — repossessed vehicles are sold as-is with no warranty
Obtain a signed bill of sale from the lender documenting purchase price, VIN, and date
Complete title transfer and registration within your state deadline

Need the printable workflow?

Use the main Virginia side by side bill of sale flow when you are ready to generate the completed document.

Open Virginia Side by Side bill of sale

The Private Vehicle Sale Market

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

Frequently asked questions

When should I use the repossession sale page?

Use this page when your side by side sale in Virginia fits a repossession sale scenario. It walks you through the specific disclosures and details that apply to this type of transaction.

Why does the repossession sale scenario have its own page?

Different sale scenarios — such as private party, dealer, or gifted transfers — have different documentation requirements. This page focuses on what buyers and sellers need for a repossession sale transaction specifically.

What should be included in this bill of sale?

Include the buyer and seller details, vehicle identifiers, sale price, date, signatures, and any notes specific to the repossession sale transaction.

What are the Virginia fees for a repossession sale side by side transfer?

Virginia charges a $15 title transfer fee. Registration costs $30.75 - $35.75 per year. Sales tax: 4.15% motor vehicle sales and use tax (SUT). Notarization is not required for most transfers.

What side by side makes are most commonly sold in Virginia?

The most popular side by side makes in private-party sales are Polaris, Can-Am, Honda, Yamaha, Kawasaki. Average private-party prices range from $5,000–$30,000.

Do I pay sales tax on a repossession sale side by side sale in Virginia?

Virginia has a 4.15% state sales tax rate. Motor vehicle sales and use tax applies to all sales

Virginia side by side bill of sale by city

Create Virginia Side by Side Bill of Sale

Free • 3 min • Printable PDF