Car Sales Invoice: Essential Information to Avoid Trouble

“Buying a car is easy, selling a car is hard,” a common saying among drivers that seems to always hold true, especially when it comes to complicated paperwork. Among them, the car sales invoice plays a crucial role, determining the legal validity of the transaction. So what’s so special about this invoice? Let’s explore the details with Hanoi Truck.

What is a Car Sales Invoice? Its Role in Car Transactions

A car sales invoice is an important legal document issued by the seller (individual or business) when selling a car to the buyer. This invoice serves as proof that the car sale was conducted legally and transparently, and it’s the basis for authorities to carry out the transfer of ownership to the buyer.

Why is a Car Sales Invoice Important?

Imagine Tuan, a long-time truck driver in Cau Giay District, Hanoi, decided to sell his old truck to upgrade to a new one. He found a suitable buyer, and they agreed on the price but “forgot” to issue an invoice. A few months later, Tuan was shocked to receive a traffic violation notice for his old truck. He was then stunned to learn that he was still responsible for the sold truck due to the lack of a valid sales invoice.

Tuan’s story is a “memorable” lesson for anyone who intends to buy or sell a car. A car sales invoice is not just an ordinary piece of paper but a “protective talisman” that helps you avoid future legal troubles.

Types of Car Sales Invoices

Depending on the seller, the invoice is classified into two types:

• Value Added Tax (VAT) Invoice: Issued by car dealerships when selling cars to individuals or organizations.
• Sales Invoice: Issued by individuals when selling cars to other individuals.

Important Information Required on a Car Sales Invoice:

Regardless of the type of invoice, to ensure its legality, you need to carefully check the following information:

• Seller Information: Name, address, tax code (for businesses).
• Buyer Information: Name, address, ID/Citizen ID number.
• Vehicle Information: Vehicle type, make, chassis number, engine number, year of manufacture, color, engine displacement.
• Selling Price: Clearly stated in both numbers and words.
• Signatures and seals (if applicable) of both the seller and the buyer.

A close-up of a person signing a used truck sales invoice.

Important Notes When Buying or Selling a Used Car

Buying and selling used cars carries more risks than new cars. Therefore, you need to pay special attention to the following:

• Carefully check the vehicle documents: Ensure the car has a clear origin and is not pledged or mortgaged.
• Thoroughly inspect the vehicle’s technical condition: It’s recommended to take the car to a reputable garage to check the engine, chassis, electrical system, etc.
• Clearly agree on the price, payment method, and responsibilities of each party.
• Sign a car sales contract: Clearly state the agreed terms to avoid future disputes.

Frequently Asked Questions about Car Sales Invoices:

• Question: I want to buy a used truck in Hoai Duc District, Hanoi. Can I purchase a fake invoice?
• Answer: Buying, selling, or using fake invoices is illegal and can result in criminal prosecution.
• Question: What should I do if I lose my car sales invoice?
• Answer: You should immediately contact the seller to request a reissue of the invoice or report the loss to the police for guidance.

Buy Quality Trucks with Quick Procedures at Hanoi Truck

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• We offer a wide range of trucks from famous brands such as Hyundai, Isuzu, Hino…
• Competitive prices, installment support with preferential interest rates.
• Quick and professional purchase and sale procedures, enthusiastic and dedicated consulting staff.