Which document commonly accompanies a title transfer to prove the sale price and terms?

• A. A copy of the buyer's driving record.
• B. The vehicle's maintenance schedule.
• C. The dealership's license number.
• D. A bill of sale or purchase agreement.

Answer: (D)

The main idea is that the document recording what was agreed to in the sale, including the price and any terms, is the one that should accompany the title transfer. A bill of sale or purchase agreement serves this purpose. It lists who’s selling to whom, a description of the vehicle, the sale price, how the payment will be made (cash, loan, trade-in, etc.), date, and signatures. This creates an official record of the agreed terms and provides evidence for the title transfer and for registration and tax purposes.

Other items don’t serve this function: a driving record has nothing to do with the sale terms, a maintenance schedule doesn’t show how much was paid or the deal’s conditions, and the dealership’s license number is a regulatory detail, not a record of the sale terms.