Free Gift Bill of Sale Template & Generator
Gift bill of sale for transferring a vehicle to a family member at no cost. Includes gift declaration, relationship, and fair market value fields.
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About the Gift Bill of Sale
A gift bill of sale documents the transfer of a vehicle or personal property as a gift — recording a $0 sale price or a nominal amount. This document is important for several reasons: it establishes the new owner's right to title the vehicle, it documents the gift for tax purposes, and in some states it triggers a different (lower) tax rate than a standard sale. Many states require gift recipients to show the relationship to the donor.
When to Use This Form
Use a gift bill of sale when transferring a vehicle or property to a family member, friend, or organization for no compensation or for nominal compensation (e.g., "$1 and other good consideration"). Be honest — misrepresenting a sale as a gift to avoid sales tax is tax fraud.
Legal Tip
Fields Included in This Form
- Year (required)
- Make (required)
- Model (required)
- VIN (required)
- Color (required)
- Mileage (required)
- Donor's Relationship to Recipient (required)
- Fair Market Value ($) (optional)