When Do I Need to Use a Jet Ski Bill of Sale?
How Do I Sell My Jet Ski?
1. Make Necessary Repairs
Before you can sell your jet ski, you’ll want to ensure it is in top condition. Make any necessary repairs that you’ve been meaning to get to. It’s always inviting to buyers to be able to buy a jet ski that’s ready to go at time of purchase. They’re more likely to pay more for a fully functional jet ski than one they have to repair themselves.
3. Negotiate Price with Buyers
Of course, buyers are going to want to haggle for your jet ski. Be willing to work with them a little bit. Know where your price line is and settle with the buyer willing to offer the most. If no one is willing to buy your price, then reconsider the worth of your jet ski. Make sure you’re not trying to oversell it. You may also have to advertise elsewhere to get the price you want.
4. Fill Out the Jet Ski Bill of Sale
After you settle with a buyer, it’s time to fill out the Jet Ski Bill of Sale. Make sure that the title is clear of any encumbrances or liens before entering in the transaction.
You’ll need the following information to finish filling out the bill of sale:
- Seller’s name and mailing address
- Buyer’s name and mailing address
- Date of sale
- Jet ski details, including:
- Make
- Model
- Year
- Hull Identification Number (HIN)
- Color
- Number of Strokes/Cylinders
- Displacement (cc)
- Any damage
- Odometer reading
- Registration number
- And any other relevant information
- Purchase Price
- Date of payment
- Security deposit amount
- Inspection period
- Signatures from the buyer and seller
- Signatures of any witnesses
- Date of Signatures
5. Have an Inspection Performed by a Qualified Technician
The next steps is to have the buyer put down the security deposit determined on the bill of sale and perform an inspection of the jet ski. The inspection is often done by a certified technician. If everything clears with the inspection, then you are ready to finalize the sale.
6. Finalize the Sale
To finalize the sale, the buyer needs to complete the payment agreed to in the bill of sale. The seller then needs to transfer the title and registration to the new owner with the jet ski. And that’s it—you’ve sold your jet ski.
As an important reminder, make sure to keep a copy of the bill of sale in case of any future disputes. This document is proof that all sales are final and that the buyer is responsible for any issues with the jet ski.