What is an Idaho Car Bill of Sale?

An Idaho car bill of sale gives the buyer authority over a vehicle. After paying the seller and receiving the keys in exchange, the individual acquires control. Neither party can edit or change the transfer details once the purchase occurs. Residents should consult their local DMV about questions and concerns regarding the transaction.

The buyer or seller must complete a motor vehicle power of attorney (Form ITD 3368) if they want another person to manage the transaction. It essentially gives someone else the rights and responsibilities to make decisions and complete assignments in the owner’s place. The grantor should file the form with the DMV to ensure the office does not turn away the agent. The representative can also hold onto the signed and notarized document and present it as needed when carrying out the tasks.

What are the Buyer’s Tasks?

Before purchasing the vehicle, the buyer must research the car and the seller to avoid scams. Internet sales, in particular, can increase concerns surrounding fraudulent sales.

Therefore, the DMV provides individuals with an online vehicle history report checker from the National Motor Vehicle Title Information System (NMVTIS). In addition, the buyer can run the car through the title and records search and/or vehicle identification number (VIN) portal.

The services allow the potential buyer to learn more about the vehicle and ascertain the seller does not plan to give them a faulty car. Individuals should also assess the property’s value before purchasing. Fair market value websites, such as Kelley Blue Book, assist people in finding the vehicle’s worth.

Upon purchase, the buyer must obtain the title from the seller. The DMV cannot register or title the vehicle in the new owner’s name without the document. If the seller does not have a title or damaged it, they must request a new copy before transferring ownership.

What are the Seller’s Tasks?

Prior to listing the vehicle, the seller must have its value assessed. Individuals can research the car’s worth online or take it to a professional. The DMV runs a fair market value check on the vehicle; therefore, the merchant should ensure they sell at a realistic price.

The owner must have the title before selling the car, as the state deems it illegal to transfer possession without the form. Individuals who have lost the document or have an illegible copy must apply for a new one before the sale (Form ITD 3367).

Once the buyer and seller negotiate and write up a bill of sale, the seller must inform the DMV of the transfer. They need to complete a release of liability (Form ITD-3858) within five (5) days of sale. In addition, they must keep their license plate as they cannot give them to the new owner. Instead, the buyer needs to register the car in their name to obtain new plates.

How to Register a Car in Idaho (5 Steps)

All vehicles operated in Idaho need a title and registration. Incoming residents must apply within ninety (90) days of moving to the state.

Sellers must provide the state with a completed and signed release of liability no more than five (5) days after the vehicle sale. The individual can fill it out online or send it to the Division of Motor Vehicles (DMV) by mail.

Step 1 – Idaho Driver’s License

Individuals must have a valid Idaho driver’s license to register and/or title their vehicle. New citizens have up to ninety (90) days after establishing residency to obtain it. In some cases, the DMV accepts a current out-of-state license and social security number instead of an Idaho driver’s license. Residents should refer to local county and state laws for more information.

The applicant must schedule an appointment with the Idaho DMV to provide documentation and payment. They need to bring their previous license or birth certificate and photo identification (ID).

In addition, the licensee must prove they live in Idaho by providing an official form that includes their address. For example, they could submit a lease agreement, utility bill, employment record, or another certified document.

Next, the state requires individuals to pass visual, knowledge, and road tests. If approved, the applicant receives a temporary license until they obtain an official card by mail.

Step 2 – Car Insurance

Vehicle owners must have insurance that aligns with the state’s minimum requirements. The policyholder must have coverage (per incident) as follows: $25,000 for the injury or death of one (1) person, $50,000 for the injury or death of two (2) or more persons, and $15,000 for property damage (§ 49-1229).

Step 3 – Title