Buy used car!(first car)?

Question

I am planning to buy a 1992 Honda Prelude for $2,700.00.
2 Doors, automatic, 4 Cyl., 2.2L, 238K on body, 60K on motor, no rust, claimed that rear wheelwell rust was professionally removed. If I was to buy the car from the person, where would I go to tranfers ownership. What important information should I know before I pay the money? Do I need to check up on the car, like history etc.? (I am scared to get scammed)

Answer 1

Well if a car has 238k and the motor didn't make it that far that means to me that the car hasn't been taking care of. there is no good reason why a honda 4cyl. motor should be going before 400,000km. also carfax.com is a good place to check the cars history. If it was my choice I WOULD NOT TAKE THE CAR for that price.

When you do buy a car you get half the ownership slip in Ontario at least, the half you're given is for the car and the other is for the plates which the old owner keep on the back of the slip you're given the back needs to be filled out by the owner and then go to an MTO office be sure you have your license and insurance slip you'll also need to pay tax on the car at the office and get plates then you get a temporary ownership slip and you'll get the real one in the mail in a few days.

Answer 2

Make sure that you get the pink slip when you exchange the money.

Depending on the state that your in, you'll need to transfer ownership with the DMV. For the most part this means filling out a change of ownership form and submitting it with the DMV. You will probably need to show proof of insurance as well.

If you think you are getting scammed on price, you can check the bluebook value. If you think that the car might be misrepresented, you can get a carfax report that gives the complete history of the car.

In most private sales its a good idea to have a mechanic look at the car for you. Most legitimate sellers have no problem with this.

Answer 3

You will first need to determine that the seller is indeed the owner of the car you're buying. Check this with the Registry of Vehicles authority. Ask from the owner his insurance log book and check with the insurance companies if there were any accidents involved with the car in the past, with the exception for minor accidents. Issue a third party cheque, get it from your bank, instead of personal cheque. This way you'll have documentary proof that payment has been made and with the agreed amount indicated. Once payment has been made, ensure that you're giving the car log-book to confirm that ownership has been transfered to your name. Indicate the time you've collected the car on the agreement. This is to ensure that you won't be held liable for accidents that happened prior to your take-over.

Answer 4

To transfer ownership, you want to get a bill of sale (a receipt) and the title to the car, make sure you verify the VIN # (vehicle identification number) located at the bottom left of the windshield, verify the # on the car and on the title to make sure they go together, if they do not, then DONT buy it, the car may be stolen..If that matches up you can also get a carfax at carfax.com which will give you the vehicle history report as far as accidents and odometer tampering....If everything checks out to your satisfaction, then take the title and your bill of sale to your local motor vehicle in your county and they will issue you a title and license plates in your name..Good luck

Answer 5

Yes. You can call the division of motor vehicles, or I think search online for accidents and title information. I would, and do on any car I buy, take it to my mechanic to check out before I buy a vehicle--used especially because of the lack of warranty protection. It sounds like a fair price.
Start by checking the sale price, mileage etc against :www.kellybluebook.com--select used car value-person-person sale. You can slot all the info in and it'll tell you the blue book value of Hondas with all the same criteria you list here. In my state, you must take the title to be notarized when you buy it--the seller signs the title to you. Them, here you take the notarized title to the License Agency--pay taxes and title transfer fees, show proof of insurance...and bam! You're driving your new (used) car away! Does that help any, I hope?

Answer 6

I have been there myself scammed too many times myself try paying 2000 for a car that you only drove 3 weeks with a blown head or a van from family that everything in it whent haywirer after 6 monthsI always get older cars now i am buying a lien car hope it last me but...its an older car ok herse the thing make sure you take it to a mechantic yourself before they sign it over too you so you can see if there is any thing wrong so you can make a wise choice .Then make sure they smog it before you buy it ,check restaration when it exspires if its not up you dont have to pay it youll only have to pay transfer fees and taxes do this:tell them when theywrite up bill of sell for you tell them to say you only bougt the car for 100.00 or so they dont check on it its just so they dont tax you too much on the 2700 ok make sure you insurer it after your transfrer fees k

Answer 7

It helps to have a friend who knows cars go and check the car out with you. If you're buying it online, try a one time carfax report. You can get the VIN from the seller.

Also, to transfer ownership, the seller needs to fill out and sign the back of the title. You then take the title to the local tax office and have them transfer and register your car to you.
There is usually a fee (tax) assesed based on the selling price of the car.

Hope this helps!

Answer 8

Sure you are worried about your first car purchase.If you can.Take someone with automotive buying experience.Maybe your Dad or even your mom.But at 2,700 for an old car like that is too much money.Be patient and look around.238K on any body is too much.There are also suspension parts, like shocks, struts, steering , brakes, exhaust.Was there any replacement parts for these items.I say too much and too old.I have a 1993 Chev Cavalier, 94,000 miles and in perfect shape.4cyl automatic 4 door sedan.No rust, new brakes, latest oil and filter change,next to new tires and I only want $1,400.00 As far as transferring ownership.That is done at your local state DMV

Answer 9

Ask your dad for help or a friend that knows a lot about cars. As for how and what to do with the important information they have a booklet in the dmv that tells you what to do.

Answer 10

Three little old ladies, sitting on a park bench. The town flasher comes by and shows them his ALL! The first little old lady had a huge stroke. The second little old lady had a little stroke. The third little old lady would have had a stroke................but her arms weren't quite long enough.