What kind of papers do you have to sign? Do you have to go to the courthouse or anything? Do we have to pay taxes or do they?
2007-09-04 20:05:16 · 6 answers · asked by Samantha 5 in Cars & Transportation ➔ Buying & Selling
You will sign the title where it says 'sellers signature'. If there is a lien listed on the title, there must be a lien release notice as well.
You will fill out 2 bill of sales, one for you and the other for the buyer. It should say "AS-IS" and include the date, vehicle description and printed names. I will give you a link to a free bill of sale you can print out if you would like. The buyer will pay taxes when they register the vehicle. Good Luck and I hope this helps!
Walk through:
http://www.theautoevaluator.net/Closing.html
Bill of Sale:
http://www.theautoevaluator.net/billofsale.html
2007-09-05 03:48:52 · answer #1 · answered by The Auto Evaluator™ 7 · 6⤊ 0⤋
There is a title for the car owner to sign and the new car owner to sign--date it and put the mileage on the odometer on the paper. Motor vehicle will charge tax based on fair price in a book that says what a used car is NORMALLY worth--not what you said you paid. So be honest because they will ask for money up to a year later.
2007-09-04 20:13:39 · answer #2 · answered by fire_inur_eyes 7 · 0⤊ 0⤋
You will also want to check with your State to make sure that there are no other provisions that you have to follow. I required my buyer to sign an "As Is" statement. It protects you if the car breaks down soon after sale.
And does your state charge sales tax. You could be stuck for it if you don't know.
2007-09-04 20:13:03 · answer #3 · answered by San Diego Art Nut 6 · 0⤊ 0⤋
"What all"?
You have to sign the portion of your title that is probably pre-perforated just for this purpose, and probably fill it out with the buyer's name and the odometer reading. You have to send the portion you keep in to the DMV, and the buyer takes the part you give him to the DMV to get an official copy. If taxes need to be paid, the buyer pays them.
2007-09-04 20:10:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
All of the above posts are correct but do not forget to get a bill of sale for proof
2007-09-04 23:06:09 · answer #5 · answered by surfsup362 1 · 0⤊ 0⤋
you are able to no longer. And, additionally, that is not any longer your vehicle. to purchase a vehicle, you need to pay someone decrease than whose call that is been titled. which capacity the two (a) you pay the guy whom you're calling the "previous proprietor", or (b) the guy whom you paid registers it and gets a identify decrease than his call. in case you are able to no longer do the two of those issues, then you are able to no longer save the motor vehicle. Paying someone who has by no capacity registered the motor vehicle and gotten it titled decrease than his very own call is an entire waste of your money. It does not make it your vehicle. in case you are able to desire to hit upon the guy who bought you the motor vehicle, a courtroom could desire to be able to make him provide back your money, because he wouldn't have bought it to you. yet do no longer anticipate attending to maintain this vehicle.
2016-10-18 00:19:52 · answer #6 · answered by ? 4 · 0⤊ 0⤋