Can I Sell My Harley or Motorcycle Without a Title?
If you don't have a title or have lost your title, you can run into a host of complications. While every state can vary in its laws, it is illegal in most states to sell a motorcycle without a title. Instead, you will need to go to your local DMV and report the title to your bike has been lost. They will issue you a “Lost or Stolen Title” form that you will need to complete and pay a fee. The application will then be transferred to the Department of Revenue who will confirm the information on the application matches what's in their database. As long as the information matches their records, they will generate and issue you a new title.
The Odometer Disclosure
The Truth in Mileage Act requires all sellers of motorcycles and other motor vehicles to provide the buyer with an odometer disclosure at the time of purchase. Depending on where you live, you may be able to provide the mileage of the motorcycle on the title. However, other states require you to provide this information in a totally separate form. Make sure to check with your respective state's DMV for rules and regulations. In either case, your odometer disclosure will generally include the following:
In addition, the odometer disclosure should have the signature of the buyer and seller as well as a notary public.
Bill of Sale Is Strongly Suggested
While the Bill of Sale isn't necessarily required, it's always a smart idea. This powerful document outlines the conditions and terms of the sale in writing. When selling your motorcycle, make sure your Bill of Sale include the following — at a minimum
If a dispute ever arises in the sale of the motorcycle, a notarized Bill of Sale will be your best defense and can completely absolve you of any liability.
Skip the Confusing Paperwork & Contact Cash4Motorcycles to Sell Your Motorcycle
We get it: selling your motorcycle can be confusing and filled with pitfalls. And this is the very reason we started Cash4Motorcycles. Not only do we pay top dollar for used motorcycles and bikes, we make the process as easy as 1,2,3. Ready to get started? Reach out to us today for your free quote.
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