The sheet that turns a private sale into a trade-in for tax purposes. Arkansas gives a consumer who sells a vehicle within sixty days either side of buying another one the same tax treatment as a dealer trade-in - tax on the difference - and this two-signature bill of sale is the proof the Revenue Office asks to see. Its instructions page is unusually plain about the stakes: fail to provide a bill of sale signed by all parties reflecting the total consideration paid, and tax shall be due on the total consideration paid for the new vehicle without any deduction for the value of the item sold.
Written against Credit bill of sale (no revision printed), issued under Act 1232 of 1997, as amended by Act 277 of 2021. DFA publishes this form only as a scan of a photocopy, felony warning and all - which changes nothing about what it does, but explains why it looks nothing like the agency's crisper PDFs. Print it, fill it by hand, and make the price agree to the dollar with the 10-313 and the title assignment, because three documents describing one sale are going to be read side by side.
Two documents, and they are not the same thing. Take the blank Credit bill of sale from the dfa.arkansas.gov copy so you get the revision that is current today.
There is no completed sample of the credit bill of sale on this page because DFA publishes it only as a scan of a photocopy, with no text layer and no fillable fields, and the scan is too noisy for the box-reading fallback to recover the form's own cells: the purchaser and seller name rules resolve, but the phone number cells never separate from them, and the seller's address and city rows come back as broken fragments a value cannot honestly be placed in. A sample completed down one column and garbled down the other would mislead more than it showed. Every box the sheet asks for is named in the field list above, in the order it asks.
| On the form | What to put in it |
|---|---|
| Purchaser(s) Name(s) and Phone Number | The buyer of YOUR old car - the person whose payment is about to reduce your tax - with a contact number beside the name. |
| Purchaser's Address and City, State, Zip | Two rules for where that buyer lives. |
| Seller(s) Names and Phone Number | You, the consumer claiming the credit. The instructions confine the credit to a consumer whose name is on the title of the vehicle sold - it cannot be transferred to anyone who did not have title. |
| Seller's Address and City, State, Zip | Your own two address rules, mirroring the buyer's. |
| Year, Make, Model of Vehicle Sold | One wide rule describing the vehicle leaving your hands. |
| Vehicle Identification Number (VIN) and Odometer Reading | The VIN across the left box with the mileage beside it. |
| Date Vehicle Sold and Sale Price | The two figures the sixty-day window and the credit amount are calculated from. |
| Purchaser's Acknowledgement, Signature of Purchaser(s) and Date | A sworn statement that the information is true, above the buyer's signature rule - with the same felony warning about evading tax. |
| Seller's Acknowledgement, Signature of Seller(s) and Date | Your own sworn block: that the vehicle was owned and sold by me, and that I am entitled to a reduction in the taxable price of a newly acquired vehicle under the provisions of Act 1232 of 1997, as amended. |
Every line here was read off Credit bill of sale (no revision printed) itself — the PDF is here — and off the Arkansas Department of Finance and Administration, Office of Motor Vehicle pages. This is plain-language help with a form, not legal advice, and where our wording and the agency's differ, theirs governs.
Back to all Arkansas seller paperwork, or what selling a car in Arkansas involves.