Selling a Car in Mississippi
When you’re selling a vehicle in Mississippi, you will need to meet some requirements that are specific to the state. We’ve collected the appropriate information here on these requirements so you can make certain you know what is necessary for your vehicle sale to go without a hitch.
1. Title Information
In Mississippi, you can sell a vehicle under two conditions. The first condition is if you have complete ownership of the vehicle. In other words, any “lien” (loan) on the vehicle must be paid off before you can sell the vehicle. If you have paid off a lien, double-check your title to make certain that the lien has been released. If not, have the lienholder submit a Lien Release to the state.
You can also sell a vehicle that still has a lien on it, provided that the lienholder agrees to the sale. If you are selling the vehicle under this condition, you will need to include the Affidavit of Sale under Lien form with the documents you give to the buyer.
You should also make certain that you have the actual title. If you cannot find the title, you’ll need to request a replacement title from the Mississippi Department of Revenue (DOR) office. You will need the physical title so that you can fill out the necessary information for the buyer as proof of the transfer of the vehicle. Both your signature and the buyer’s signature will be necessary.
2. Bill of Sale Requirements
Mississippi does not require you to have a Bill of Sale when you sell a vehicle, as you are already putting all the appropriate information onto the title when transferring the title.
However, if the title does not have space to record the appropriate information, you will need to have a Bill of Sale. The Bill of Sale should include the following elements:
- The new owner’s name
- The full address of the new owner
- The seller’s name
- The full address of the seller
- The date of the sale
- The sale price
- A full and detailed vehicle description, including the vehicle’s make, model, year, series number (if applicable) and body type (2-door, 4-door, sedan, etc.), as well as the vehicle identification number (VIN)
- The vehicle odometer reading at the time of sale
Mississippi has no required emission testing on its vehicles but does require a yearly vehicle inspection. You are responsible for making certain the inspection is current before you sell the vehicle.
4. License Plates
In Mississippi, when you sell a vehicle, its license plates stay with you rather than remain with the vehicle. Return them to the DOR before you cancel your insurance or you could face unintended fines or liability for the vehicle after you’ve sold it.
5. Odometer Disclosure Requirements
Mississippi requires people to formally disclose the odometer reading on their vehicle when they sell the vehicle and it is 10 years old or newer. Filling out the odometer reading in the appropriate section of the title transfer form is sufficient to fulfill this requirement. You can also fill out the state’s Odometer Disclosure Form.
6. Other Information
If you have questions or want more details regarding anything having to do with vehicle selling, check out the Mississippi Department of Revenue website.