Dec 01, 2023

What Paperwork Do I Need to Sell an Exotic Car?

Selling an exotic car is more than just handing over the keys—especially when the vehicle in question is a Ferrari, Lamborghini, McLaren, or Bentley. These high-value machines require a little more preparation than your typical trade-in, and getting the paperwork right is essential for a smooth, secure transaction.

Whether you’re selling to a private buyer, a dealership, or an exotic car buying service, having the proper documentation ready can help you close the deal faster, protect your interests, and get the best possible price.

Here’s a breakdown of the paperwork you need to sell an exotic car the right way.

Vehicle Title (or Lienholder Information)

This is the most important document. The title proves ownership and is required to transfer the vehicle to a new owner.

  • If you own the car outright, make sure you have the physical title on hand and that it’s in your name.
  • If there’s still a loan on the vehicle, you’ll need to contact the lender and arrange for the loan to be paid off during the sale. The buyer or dealer may handle this directly, depending on the arrangement.

Tip: Check that the title is clean (no branding like salvage or rebuilt) and free of errors before starting the sale process.

Bill of Sale

A bill of sale is a simple but important document that outlines the terms of the transaction. It protects both you and the buyer by confirming:

  • The agreed-upon sale price
  • The date of the sale
  • Buyer and seller names and contact information
  • Vehicle details (VIN, make, model, year, mileage)

Some states require a bill of sale for vehicle transfers, while others do not—but it’s a smart move regardless.

Service and Maintenance Records

Exotic car buyers want to know that the vehicle has been properly cared for. A complete record of maintenance helps justify your asking price and builds buyer trust.

Include:

  • Service receipts and invoices
  • Scheduled maintenance logs
  • Proof of repairs and parts replacements
  • Records from authorized dealerships (Ferrari, Lamborghini, etc.)

Bonus: A stamped service booklet from a certified dealer can significantly increase resale appeal.

Vehicle History Report

While not a document you necessarily need to create, providing a CARFAX or AutoCheck vehicle history report can speed up the sale and add transparency. Most serious buyers (or their lenders) will request one anyway.

If you’re selling through a platform or a professional buyer like ExoticCarBuying.com, they may pull the report themselves. Still, having a clean report ready shows you’re a prepared, trustworthy seller.

Owner’s Manual and Original Accessories

While not legally required, including the original owner’s manual, key fobs, charger (for hybrids/electric models), and other accessories can boost your car’s value and buyer confidence.

Additional items to gather:

  • Tool kit
  • Spare tire or inflator kit
  • Car cover (especially for Ferrari and Lamborghini)
  • Battery tender/charger
  • Window sticker (Monroney label)

These small details can make your listing stand out, especially among high-end buyers who care about completeness.

Title Transfer and Release of Liability Forms

Each state has specific forms required to transfer ownership and release your liability after the sale. These often include:

  • DMV title transfer form
  • Odometer disclosure (required in most states for cars under 10 years old)
  • Release of liability or notice of transfer

You’ll typically submit these forms to the DMV to notify them that the car is no longer in your possession—which protects you from future legal or financial responsibility.

Emissions or Safety Inspection Certificates (if required)

Some states require a recent emissions test or safety inspection before a vehicle can be sold. This is more common for standard vehicles, but may still apply depending on where the buyer is located or where the car is registered.

Double-check your state DMV’s requirements and confirm whether your car needs a valid inspection certificate before sale.

Loan Payoff Letter (If Applicable)

If your exotic car is financed and you still owe on the loan, contact your lender for a payoff letter. This document states the exact amount needed to satisfy the loan and release the lien on the title.

Once the payoff is made (either by you, the buyer, or a dealer), the lender will send the title to the appropriate party.

Make It Easy with an Exotic Car Buying Service

If all of this paperwork sounds overwhelming, you’re not alone. That’s why many exotic car owners choose to work with professional buyers like ExoticCarBuying.com.

We make the process simple:

  • Provide a free quote online
  • Receive a secure, data-backed cash offer
  • We handle paperwork, pickup, and payment
  • You get paid fast, with no stress or surprises

We’ll help you organize and complete all the required documentation so you can sell your car with confidence and peace of mind.

Having the right paperwork in place is critical when selling an exotic vehicle. It not only protects you legally but also ensures a smoother and faster sale. From the title and service records to your bill of sale and DMV forms, being prepared puts you in the driver’s seat.

Ready to sell your exotic car? Let Luxury + Exotic Car Network or ExoticCarBuying.com handle the paperwork, pickup, and payment—so you can move on to your next adventure.

Start with a fast, free quote today.