Free Arkansas Bill of Sale Template & Generator

Arkansas Bill of Sale Requirements

Additional Forms Required in Arkansas

• Vehicle Registration Application

In Arkansas the price on your bill of sale drives the tax, which makes that number matter. Instead of a single flat rate, the state uses graduated bands: a used vehicle sold for under $4,000 pays NO state sales tax at all; from $4,000 to $9,999 the rate drops to 3.5%; and only at $10,000 and above does the full 6.5% state rate apply, on top of city and county taxes. A car sold at $3,900 and one sold at $4,100 are taxed very differently, so an accurate, dated bill of sale is your documentation of which band your purchase falls into.

The state's official document is Form 10-313, the Vehicle Bill of Sale and Odometer Disclosure Statement, which handles the sale record and the federal mileage disclosure in a single form. The DFA's registration checklist describes the bill of sale by its contents — VIN, date of sale, purchase amount, and the signatures of seller and buyer — rather than naming the form. Neither the DFA checklist nor Form 10-313 shows a notary step, though no official source says outright that one is not needed.

Arkansas gives buyers a comparatively relaxed 60 days from the purchase date to register and title, but the penalties past that point are concrete: a 10% penalty on the sales tax owed, plus a registration penalty of $3 for every 10 days you are late. Transfers happen at a state revenue office operated by the Department of Finance and Administration rather than a standalone DMV, and you will need the assigned title, the bill of sale, proof of insurance, and valid ID.

One thing Arkansas does not ask for: an inspection. There is no periodic safety inspection and no emissions testing program anywhere in the state, so nothing stands between agreeing on a price and completing the paperwork. That combination — no inspection, a long 60-day window, no notary step on the state checklist, and a genuine tax exemption under $4,000 — makes buying a used vehicle privately in Arkansas simple.

Sellers have a short checklist worth honoring: file a seller notification with the DFA so the state records that the vehicle left your hands, take your license plate off the car (Arkansas plates belong to the owner and can move to your next vehicle), and keep your signed copy of the bill of sale. If a dispute over the price or the sale date ever arises — or if the buyer is slow to register — that document is what protects you.