Bill of sale, tax question, when trading vehicles?

J

JimBob

New member
I am going to be trading my truck for a car with a private owner. My truck is worth $7000 and the car i am trading for is worth $17000. I will be giving him my truck plus $10000. How would i write a bill of sale for this situation. I mean can i just use a generic bill of sale?(I live in WA). Also when i go and transfer titles at the DOL how much can i expect to pay in sales tax. Will I have to pay based on what the car is worth or just the $10000. Thanks
 
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