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How do you write a receipt for the sale of a motorcycle as part exchange for another plus some cash?

Answer:

Write the receipt just the way you made the deal. State the value of the motorcycle, establish the value of the exchange, state the balance paid in cash so that together the exchange and cash add up to the price of the motorcycle. Be sure to include vin numbers of other documentation identifying the motorcycle and the exchange items so there is no question of your ownership of that "exchange" down the road. Then both buyer and seller sign and date the receipt. If you want to play it really safe, you can have it notarized as well.

First answer by Debididit. Last edit by Debididit. Contributor trust: 3 [recommend contributor recommended]. Question popularity: 1 [recommend question].

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