How to close the sale

20

Asked by Oct 15, 2016 at 08:03 AM

Question type: Car Selling & Trading In

When someone says they want to buy your car
what's the best way to exchange the check and
the title,   and vehicle , not a dealer, personal
owner, we are dealing with people we have  
never met, and not in area.  Can someone give
me a step by step

7 Answers

227,945

Once the buyer comes out and drives the car and decides to buy the vehicle, have them pay you with a bank certified check or cash. Once you have that you can both travel to a Notary to sign over the title and the buyer can pay state taxes and fees to register the car their name.

2 out of 2 people think this is helpful.
41,885

I would only accept a cashiers check from a local bank or cash. Also I would ask to see identification such as a driver's license and write down that information. Some forms of payment can be easily forged, so be careful.

4 out of 4 people think this is helpful.
20

Thanks what if there is still a loan would we be able to get a temp title until it is paid .

1 out of 1 people think this is helpful.
41,885

A loan would have to be paid off. You will then receive a lien release from your lender. A title can not be issued to another party while there is a lien against the vehicle in your name.

3 out of 3 people think this is helpful.
1,920

NO, do not EVER accept a cashier's check, not under any circumstances, not now, not ever. They are stolen by the truckload, widely available to any back alley crook, and are easily counterfeited. They are the simplest way known to man to steal a car. And titles are not signed with a notary either. There is no place to notarize it. Meet the buyer at your bank, do the transaction inside, and accept cash only.

3 out of 3 people think this is helpful.
20

Thanks

1 out of 1 people think this is helpful.
41,885

A cashiers check on a local bank can be easily be checked out and is fine.

1 out of 1 people think this is helpful.

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