how do you sell a car (private party)
snitches get stitches
Joined: May 2002
Posts: 49,696
Likes: 1
From: Portland, OR
cashiers check, check, cash, or even paypal will work.
Just be sure the seller signs the back of the car title before he the new owner takes delivery.
A bill of sale is usually just to prevent from later arguements arising about how much the car was and if each person paid/recieved the correct amount. If you know who you're dealing with, you might not need one. Just a verbal agreement on a price is all that is required...however, to protect your own ass, it is best that you do write up a simple bill of sale just so that the buyer doesn't come back later saying he didn't agree to pay that much, etc.
Just be sure the seller signs the back of the car title before he the new owner takes delivery.
A bill of sale is usually just to prevent from later arguements arising about how much the car was and if each person paid/recieved the correct amount. If you know who you're dealing with, you might not need one. Just a verbal agreement on a price is all that is required...however, to protect your own ass, it is best that you do write up a simple bill of sale just so that the buyer doesn't come back later saying he didn't agree to pay that much, etc.
RIP Woong.
Joined: May 2000
Posts: 17,284
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From: san jose, ca
* take cash if you can....or a cashier's check.
* fill out the release of liability form on the bottom of the pink slip - u have 5 days to send this to the DMV
* make a bill of sale, or download one
* the tax is based on the selling price. you can sell the car for $8k, but put $2k so the buyer gets a break.
* fill out the release of liability form on the bottom of the pink slip - u have 5 days to send this to the DMV
* make a bill of sale, or download one
* the tax is based on the selling price. you can sell the car for $8k, but put $2k so the buyer gets a break.
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Senior Member
Joined: Jan 2001
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in utah.. at least anybody i know who bought a car private party including me.. had to have a bill of sale to pay for sales tax AT THE DMV... maybe it is different where you live :dunno: but i'd save a trip and just make one up and keep it in yer pocket if you need it
h: 
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the F is a secret :shhh:
Joined: Jun 2002
Posts: 4,158
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From: Mt. Kilimanjaro
also, be careful when taking cashier checks and such. I'd try to get cash. if they still want to do a cashier's check then I would go with them to the bank to make sure its not some counterfeit. you never know...
Nadene will Return
Joined: Jun 2002
Posts: 929
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From: Maryland
CASH... as much as humanly possible. Bill of Sales are good too, so nobody can argue. Make sure seller signs title. They have to deal with the taxes.
DON'T TRUST ANYONE.. i have a quick story for you guys. it was my dad trying to sell his Mustang to some guy.
Guy comes over and wants to buy the mustang, they agree on price and the guy whips out his checkbook.
My dad: whoa.. what are you doing?
Buyer: writing you a check
Dad: um..i dont think so
Buyer: what, i have the money in my account.
Dad: i don't konw you from Jack. I'm supposed to trust you believe you that this check is gonna be good when i take this to the bank? How do i know you wont stop the check?
Buyer: I wouldn't do that, i'm good for it.
Dad: Well then, you can take the car tonight, but im keeping the title and a set of keys if this check doesn't clear.
Buyer (getting a little upset): you don't have to do that, im good for it
Dad: I'm not giving you a car, if youre gonna give me a piece of paper.
Buyer: Ok, ok.. thats fine.. take the check and call us when the money clears.
The buyer took the car that night. They wrote some stuff (bill of sale/contract about the title/money clearing). couple days later, check cleared and my dad signed the title over
Make sure you have the cash. I know it sounds like my dad was a dick, but if you dont do some kind of paper trail you will be SOL. good luck man
DON'T TRUST ANYONE.. i have a quick story for you guys. it was my dad trying to sell his Mustang to some guy.
Guy comes over and wants to buy the mustang, they agree on price and the guy whips out his checkbook.
My dad: whoa.. what are you doing?
Buyer: writing you a check
Dad: um..i dont think so
Buyer: what, i have the money in my account.
Dad: i don't konw you from Jack. I'm supposed to trust you believe you that this check is gonna be good when i take this to the bank? How do i know you wont stop the check?
Buyer: I wouldn't do that, i'm good for it.
Dad: Well then, you can take the car tonight, but im keeping the title and a set of keys if this check doesn't clear.
Buyer (getting a little upset): you don't have to do that, im good for it
Dad: I'm not giving you a car, if youre gonna give me a piece of paper.
Buyer: Ok, ok.. thats fine.. take the check and call us when the money clears.
The buyer took the car that night. They wrote some stuff (bill of sale/contract about the title/money clearing). couple days later, check cleared and my dad signed the title over
Make sure you have the cash. I know it sounds like my dad was a dick, but if you dont do some kind of paper trail you will be SOL. good luck man