I have a guy coming in a few days to buy my pick-up and I know I have to take the tags off before he comes and turn them into my local DMV, but what else? Do I have to mail the registration card in as well to let the DMV know the truck has been sold? Anything else?
2007-03-13 14:46:15 · 6 answers · asked by midnightslasher83 1 in Cars & Transportation ➔ Buying & Selling
hide the money in a safe place then stay out of sight for a few days. go out of town for a few days and visit your aunt.
2007-03-13 14:48:41 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Many states require you to turn in the plates. Make sure you get a receipt for the plates. Usually you don't need to also send in the registration, just turning in the plates notifies the state you no longer are driving the truck. This protects you if he doesn't title and register the vehicle right away. Cancel your insurance, and if possible get a receipt for that too, also to protect yourself. Some states require that the title be notarized and have a notarized bill of sale. If you know about the plates, you should also know if you live in a "notary state". If you don't know, check with your local DMV to find out. Private sales are basically an "As Is" sale, but on his receipt you may want to put that along with the make, model vin. and the amount he paid for the vehicle. I am a big believer in protecting myself, so, have him sign the receipt too and keep a copy for your records. Get paid for the vehicle in cash or certified check, guaranteed funds so he can't stop payment etc., if something may go wrong "down the road". The buyer is responsible for titling and registering his vehicle and is responsible for any sales, state etc taxes on the vehicle.
2007-03-14 09:39:30 · answer #2 · answered by just me 6 · 0⤊ 0⤋
You need to sign the title over to the new owner, and have him sign a bill of sale. Depending upon what state you live in he may be required to pay sales tax. Not your problem. On the receipt you should write in clear printed letters "No guarantee is stated or implied regarding this vehicle (list VIN #). All sales are final and the vehicle is accepted as is" Registering and insuring is totally on the new owner. Your part is easy.
2007-03-13 21:52:06 · answer #3 · answered by gervoi 3 · 0⤊ 0⤋
in Ohio , sign the title, write down the mileage, the amount you sold the car and take the title with the buyer to the notary , best place is the credit union or bank, they can help out , the fee is 6 or 8 bucks. any used car is buyer beware.
2007-03-13 22:07:34 · answer #4 · answered by greghemmert 3 · 0⤊ 0⤋
from state to state its not the same. sign the back of title or bill of sale call your dmv and ask them
2007-03-13 21:53:22 · answer #5 · answered by tweed801 5 · 0⤊ 0⤋
i dont really recall
2007-03-13 21:48:57 · answer #6 · answered by Stunt M 3 · 0⤊ 0⤋