Sell Your Car with Seller Financing
Create a combined bill of sale and promissory note for private vehicle sales. Covers payment schedules, interest rates, default terms, and state-specific requirements — all in one legal document.
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What's Included in This Document
This form generates a combined automobile bill of sale and promissory note — covering the vehicle transfer, financing terms, and default provisions in a single legally binding document.
Vehicle Transfer
Full vehicle details — year, make, model, VIN, mileage, and condition. Transfers ownership from seller to buyer.
Seller Financing Terms
Interest rate, payment amount, payment frequency, and total number of payments. Builds a complete amortization schedule.
Default Provisions
Grace period, late fees, acceleration clause, and the seller's right to repossess the vehicle if the buyer defaults.
Signature & Notarization
Choose witness, notary, or both. Includes signature blocks for buyer, seller, and optional co-signer.
Secured Debt
The vehicle serves as collateral for the promissory note. If the buyer defaults, the seller retains the right to repossess.
State Requirements
Some states require notarization, smog certification, or specific title transfer forms. This document auto-applies your state's rules.
Financing & Payment Terms
The built-in promissory note lets the seller finance the vehicle directly — no bank or dealer involved. Define every detail of the payment arrangement upfront.
Interest Rate
Set a fixed annual interest rate. The form calculates monthly payments and total cost automatically.
Payment Schedule
Choose weekly, bi-weekly, or monthly payments. Set the start date and total number of payments.
Grace Period & Late Fees
Define how many days late is acceptable before a fee kicks in. Set a flat fee or percentage-based late charge.
Early Payoff
Specify whether the buyer can pay off the balance early without penalty. Most states allow prepayment by default.
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Protecting Both Parties
Each requirement is broken down with clear explanations and actionable guidance.
Key Requirements
Detailed breakdown of what you need to include for full legal compliance.
Legal Considerations
Important legal factors that affect how this section applies in your state.
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Promissory Note Terms & Interest Calculations
This section covers essential requirements and considerations that apply to your specific situation.
Key Requirements
Detailed breakdown of what you need to include for full legal compliance.
Legal Considerations
Important legal factors that affect how this section applies in your state.
Step-by-Step Process
Clear walkthrough of each step to complete this part of your document.
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Default & Repossession Provisions
Understanding these details ensures your document meets all necessary legal standards.
Key Requirements
Detailed breakdown of what you need to include for full legal compliance.
Legal Considerations
Important legal factors that affect how this section applies in your state.
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State Usury Law Compliance
Each requirement is broken down with clear explanations and actionable guidance.
Key Requirements
Detailed breakdown of what you need to include for full legal compliance.
Legal Considerations
Important legal factors that affect how this section applies in your state.
Step-by-Step Process
Clear walkthrough of each step to complete this part of your document.
Auto Bill of Sale with Promissory Note
- Combined bill of sale + promissory note
- Seller financing with payment schedule
- All 50 states supported
- Default & repossession terms included
- State-specific smog & title rules
- Instant PDF download
Did you know?
Did you know?
In most states, a seller who finances a vehicle sale must file a lien with the DMV to protect their interest. Without a properly recorded lien, the buyer could legally resell the vehicle — even if they haven't finished paying you. A combined bill of sale and promissory note documents the debt, but you should also file the lien with your state's motor vehicle department.
Featured — Spotlight
State laws vary for seller-financed vehicle sales.
Some states require notarization of the bill of sale, others require a smog certification before transfer, and many have specific rules about recording liens on titles. This form automatically applies the correct requirements based on the state you select — so the document is compliant wherever the sale takes place.
What people are saying
Real sellers, real peace of mind
Join thousands who sold their vehicle with confidence
"I sold my truck to a coworker and we agreed on monthly payments. This form laid everything out — interest rate, payment schedule, what happens if he misses a payment. No awkwardness, just a clear agreement."
Michael R.
Dallas, TX
"I was nervous about seller financing but this made it simple. The promissory note section covered everything my attorney said it should. Saved me hundreds in legal fees."
Jennifer L.
Phoenix, AZ
"Sold my car to my nephew with a payment plan. Having the lien and default terms in writing kept things professional and protected both of us. Highly recommend."
David K.
Atlanta, GA
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Frequently Asked Questions
Everything you need to know about our auto bill of sale with promissory note
It's a combined legal document that records the sale of a vehicle and creates a payment plan between the buyer and seller. The bill of sale transfers ownership, and the promissory note documents the financing terms — including interest rate, payment schedule, and what happens if the buyer defaults.
Yes. A bill of sale with promissory note is legally recognized in all 50 states. The form automatically includes state-specific requirements like notarization, smog certification, and title transfer rules based on the state you select.
It depends on your state. Some states require notarization for vehicle title transfers, others don't. The form will indicate whether notarization is recommended or required for your state. Even where not required, notarization adds an extra layer of legal protection.
The promissory note includes default provisions — a grace period, late fees, and an acceleration clause. If the buyer defaults, the seller can demand the full remaining balance and, depending on state law, repossess the vehicle since it serves as collateral.
Yes. The form includes an option for early payoff terms. In most states, borrowers have the right to prepay without penalty by default, but you can specify the terms in the document.
Instant PDF download · Updated for 2026
Instant PDF download · Updated for 2026