Free Minnesota Bill of Sale Template & Generator

Minnesota Bill of Sale Requirements

Additional Forms Required in Minnesota

• Application to Title/Register a Vehicle (Form PS2000) — the title/registration application, not a bill of sale

Minnesota keeps its private-sale rules clean and statewide-uniform, but two widely repeated details about the state are out of date or wrong. First, the buyer's title deadline is now 20 calendar days after the title is assigned, not ten days — Minn. Stat. 168A.10 subd. 2 was amended effective October 1, 2024, though some DVS material still says ten. The 10-day clock that remains belongs to the seller, who must file the Notice of Sale within ten days of the sale. Second, Form PS2000 is the Application to Title/Register a Vehicle, not a bill of sale; the sale price and disclosures live on the title assignment, and PS2000 is what the buyer files to obtain the new title.

The tax is simple in Minnesota. The Motor Vehicle Sales Tax is a flat 6.875% across the entire state, with no county or city add-ons — so your address doesn't change the rate. It is calculated on the purchase price after deducting any trade-in allowance, and paid at a deputy registrar office when you title the vehicle. Older and collector vehicles get a break: a car 10 or more model years old whose value and price are both under $3,000 pays a flat $10 in-lieu tax, and collector, classic, street rod, and pioneer-plate vehicles pay $150 in lieu of the percentage tax.

Budget for the fee stack too: an $8.25 title fee, a $10 transfer tax, a $12 filing fee, a $2.25 technology surcharge, a $3.50 public safety vehicle fee, and $2 per lien. DVS lists no notary for the title assignment (it mentions one only for a lien release form), and there is no state safety or emissions inspection.

The seller's job is to hand-print and sign the title assignment, enter the sale price in the tax declaration area, and complete the odometer disclosure (required for 20 years on model-year-2011-and-newer vehicles) and the damage disclosure (required on all vehicles). The seller must also file the Notice of Sale within 10 days of the sale. For a small trailer (4,000 lbs GVW or less) that Minnesota doesn't title, the seller can assign ownership on the back of the registration card, on Form PS2000, or on a bill of sale that identifies the vehicle, the sale date, and the buyer — which is exactly when having a clean, detailed bill of sale matters most. All of this is handled at any of Minnesota's roughly 200 deputy registrar offices.