What is the importance of bill of sale for buying a car?

Bill of Sale

Numerous vehicles, may it be new or used are purchased from Japan within a year. Buying a used car is an easy process, but requires some paper work also. To make the vehicle registered with DMV (Department of Motor Vehicles), a bill of sale is required. Basically, a bill of sale is a document that records a transaction between buyers and sellers; it acts as confirmation of an agreement and is legally obligatory. The document is something one needs for accounting and taxation purposes. One can count on the document in case any issue of ownership arises as this document serves as the proof the buyer really bought the car.
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