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charliepete2

Buying a used trailer

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What all do I need to do legally when buying a used trailer from someone? I figured I would have them make me out a bill of sale, but is there typically a title on small single axle trailer?

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Do a bill of sale. You can [YouNeedAuthorization] one and then just retype it to how you need. There should be a title with it. Have it signed over and then go in and transfer to your name.

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You will have to pay taxes on it too. You will want to have something that has a estimate what the trailer is worth or they will make up a price when you go in to transfer the title. With my recent boat purchase they said they use $1000 dollars for all boat trailers. I brought in a blue book printout from the internet saying it was worth $600 and they let me pay the taxes on $600 instead of $1000.

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If you go to the DMV, they can give you a form that you can fill out along with the seller. it's the simplist way I've found. some workers at the DMV give you a hard time with just a hand written bill of sale. And yes you have to pay tax on a trailer, and if it's still got a plate on it, you can get the life time regs.

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