Template — Cash sale Moped Bill of Sale Michigan

Michigan Moped transfer fees and requirements

In Michigan, the title transfer fee is $15 and registration costs Based on vehicle list price; varies widely. Moped sales are subject to 6% use tax on purchase price. Michigan does not require notarization for private-party moped transfers. Michigan does not require emission testing for private-party moped sales.

• Secretary of State handles title and registration
• Title transfer must be completed within 15 days
• Plate transfer allowed between vehicles owned by same person

Michigan sales tax on moped purchases

Michigan has a 6% state sales tax rate. Flat 6% use tax statewide. Private-party moped sales in Michigan are subject to sales tax. Use tax applies to private party vehicle purchases. The title transfer fee is $15.

Moped market data and safety information

The most common moped makes in private-party sales are Vespa, Honda, Genuine Scooters, Yamaha, Kymco. Average private-party moped prices range from $500–$3,000. Mopeds average 1.1 NHTSA recalls per model across categories including Fuel System, Electrical, Brakes.

Safety checkpoints for buying a used moped

Before completing a moped bill of sale in Michigan, verify these safety items:

• Verify engine size matches the title — mopeds must be under 50cc in most states
• Check tire condition and brake pads on both wheels
• Test all lighting and horn function
• Verify battery charge and electrical system operation

Moped insurance and depreciation in Michigan

Moped insurance is minimal — $75–$200/year in most states. Some states do not require insurance for mopeds. Mopeds hold value poorly — expect 50–60% loss in 3 years. Vespa brand is the exception, retaining 40–50% more than average. Peak season for private moped sales is spring and early summer for commuter demand, with an average of 20 days on market.

Moped registration and titling

Mopeds are classified as "Moped (separate from motorcycle in most states — often no motorcycle license required)" for registration purposes. Mopeds must be under 50cc engine displacement and limited to 30 mph to qualify for moped classification. Exceeding either limit reclassifies as a motorcycle. Federal odometer disclosure does not apply to mopeds.

Michigan bill of sale statistics

BillOfSaleNow has generated 2,419 bill of sale documents for Michigan transactions, with 65 generated this month alone. The most popular vehicle type is car.