Once you sell your car and the title is signed over you can either hold on to the slip or throw it away.
But I would keep the information for a couple of years in a file which includes who you sold it to, when, and how much. Just in case they do not title it right away and it is involved in a crime you will have proof of the sale.
Other wise once it is sold you do not need the insurance card or the registration pink slip since you no longer have the car.
But like I say CYOA Which means Cover Your Own As*.
Hope this helps
2007-04-27 18:59:41
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answer #1
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answered by Anonymous
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Be sure that the new buyer registers it in his name. Just becasue yo usign the title, he can still drive on your plates if the plates stay with the car in your state. In KY it is the county clerks office that handles auto registrations. Get the money frist, then turn the vehicle over to him at the government office that handles the registration, and then sign the title over. The buyer may need the VIN number before the gets the car to get an insurance card. Some states require that before the transfer happens. Good luck
2007-04-27 19:08:16
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answer #2
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answered by Fordman 7
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What state are you in?? Washington state requires that the buyer and seller both sign and date the title, and there's a tear-off portion on the title (on the bottom-if I remember right) that you need to turn in to DMV so to release your interest in the vehicele (if it gets towed, etc, before the new owner gets it registered). In Montana and a few other states, you're required to get your (the seller) signature notarized before you can transfer the title. Most banks have some one that can handle this if required for a small fee.
The best thing to do is check with your state's DMV for what is required of both seller and buyer.
2007-04-27 19:06:20
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answer #3
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answered by bkelstrup 2
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Sign the slip over to buyer, recieve payment of course and then you don't have that vehicle and you have the money...its simple unless you are selling a 6 figure$ vehicle..lol
2007-04-27 18:58:22
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answer #4
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answered by tom2day 2
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Fill out the back of the title and collect the cash.
2007-04-27 18:54:42
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answer #5
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answered by dielibralsdie 2
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Go to the DMV and fill out a Report of Sale. If the new owner gets a ticket, that will make it his problem, not yours.
2007-04-27 19:00:10
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answer #6
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answered by Anonymous
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Title Change after its sold, so if something happens your not liable. its good to keep a record/proof. for legal purposes
2007-04-27 18:56:01
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answer #7
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answered by bandfreak006 3
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report to the secratery of state and tell them that you no longer own that car and also to the emitions place to report to them too
2007-04-27 18:57:56
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answer #8
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answered by chavaalex 2
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