Updated October 03, 2023
A Colorado motor vehicle bill of sale is a legal document authorized by both the buyer and seller of a vehicle after payment has been made. It provides details of a transaction required for the buyer to register the vehicle and pay sales tax (2.9% of the purchase price).[1]
Unless otherwise stated, there are no guarantees in a bill of sale. The vehicle is sold on an “as is, where is” basis.
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Registering a Vehicle
After purchasing a vehicle, new owners have sixty (60) days to register a vehicle. New residents have ninety (90) days to complete registration. Sometimes, dealerships will complete registrations for buyers, but all private sales must handle registration in person. Registration is valid for twelve (12) months and must be renewed annually, and renewal may be completed with Colorado’s online renewal system.
Where to Register
Colorado vehicle owners should go to a Colorado Division of Motor Vehicles office to register new vehicles.
Required Documents
- Bill of Sale;
- Odometer Disclosure Statement;
- Certificate of Title (if the vehicle was titled in a different state, a VIN verification is needed);
- Valid driver’s license;
- Emissions inspection form (if applicable);
- Sellers are required to provide an emissions test to applicable vehicles, and some counties do not require emissions tests.{2}
- A Motor Vehicle Power of Attorney is required if an individual is registering the vehicle on another’s behalf;
- Appropriate payment method for registration fees;[3] and
- Proof of Insurance with required minimums:
- $25,000 bodily injury/death for one person
- $50,000 bodily injury/death for all persons
- $15,000 property damage