I own a 2005 Honda Element. The title is under my parents' names. Do I have to do anything different in order to sell the car?
2007-12-27 05:34:40 · 9 answers · asked by Dave 1 in Cars & Transportation ➔ Buying & Selling
You can not sell the car as far as signing anything is concerned. Your parents will be the ones who will actually have to sign the title. Do you have a lien on the car, or do your parents have the title?
The name(s) on the title is/are the owner(s).
2007-12-27 05:40:37 · answer #1 · answered by The Auto Evaluator™ 7 · 4⤊ 0⤋
If the title is under you parents name, technically your parents own the car, not you. Even if you've been making all the payments.
In California, to sell the car, you'll need to have your parents sign the back of the title indicating their intent to sell the car, they should also send in the bottom of the title indicating a release of liability and send that portion in directly to the DMV, or if an accident occurs after the car is sold and before the new owners register, they could be held liable.
Make two copies of a sales receipt, indicating color, year, make and vin number of the vehicle, mileage on vehicle and price being sold.
Have both the seller and buyer sign off on both sales receipt and if possible a notary, or at least a witness to the signatures also sign on the sale receipt. Keep one for your record and give the other to the purchaser.
2007-12-27 05:43:43 · answer #2 · answered by hsueh010 7 · 0⤊ 0⤋
I was able to do so with a car that was in my mother's name (that I had paid for, but the title was never transferred). So you can, as long as the owner of the car is family and willing to sign on the paperwork for the new car (this occurred in Ontario, Canada if that is of interest to you).
2016-05-27 03:35:20 · answer #3 · answered by ? 3 · 0⤊ 0⤋
You cannot sell the vehicle without your parent's permission as witnessed by them signing the title over to the new owner. Legally it is not your car to sell if you are not on the title.
2007-12-27 06:08:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If the title is in your parents' name then your parents legally own the car, not you. In order to sell the car you'll have to get your parents to transfer the title over to you or to the person to whom you're selling it to.
2007-12-27 05:40:48 · answer #5 · answered by mustanger 7 · 1⤊ 0⤋
Legally your parents own the car, so they have to sell it or you have to get the title changed.
2007-12-27 05:42:10 · answer #6 · answered by Anonymous · 0⤊ 0⤋
if the title is in your parents name then you dont own it - they do. You will have to get them to do all the signing of the title,odometer statement, sales agreement, etc. to get the car sold. can't get around that one ...
2007-12-28 01:39:33 · answer #7 · answered by mslewis32 4 · 0⤊ 0⤋
You can advertise the car and negotiate with buyers, but to actually "do the deal" and transfer ownership to the buyer, your parents have to sign the title releasing their ownership.
2007-12-27 07:56:26 · answer #8 · answered by Bald Eagle 5 · 0⤊ 0⤋
They will need to sign the title before you can do anything.
2007-12-27 05:41:21 · answer #9 · answered by Anonymous · 0⤊ 1⤋