alright say someone wants to buy my car......and they want to pay half of it as a down payment and then do 500 every week until it is payed off.....is there some kind of contract or anything I can use to back me up so I can get my money?....or is it just wise not to do that...

 

its just wise not to do that...

 

Don't be a dumbass. You'll never get your $.

 

Uhh... yea.... too many possibilities to fuck up so uhhh.. why not just wait it out?

 

i wouldnt do it, but if you must. you want to make sure you have a signed contract detailing out the amount per month or week. who the parties are specificially, as well as conditions of what will happen if payment is skipped as well as documentation on vehicle condition, mileage, etc. and get it notarized if possible or have a witness sign. also see if you can have a lien put on the title. granted thats usually a bank only but seems like you would be able to have a private lien with proper documentation.

 

oh forgot one thing, if your absoultely serious bout doin it, alot of lawyers will charge a 50 - 100 dollar fee to write u up a contract, thats legally legit

 

The contract is called the 553 it is 28 inches long and requires you are a dealer to be legally binding.

The answer is to get this guy financed for the remainder of the money he would owe you.

Or else charge him atleast some large interest rate and dont turn over the pink slip.

 

If this buyer cannot get a loan for the amount he needs to buy the car outright, don't sell it to him.

Do not put yourself in a position to be victimized.

 

or you have a lawyer write up a contract, both parties sign, and notarized. bout damn close to unbreakable as you can get

but i still would not recomend ever doing this, something is fishy here

 

Unless it's lost h: