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Author Topic: how to sell car on my own  (Read 1818 times)
jackinthebox23
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« on: July 26, 2005, 08:34:47 AM »

Hey, need advice from pro's out there... I'm selling my car to my neighbor and want to make sure I do it right.

All I need is to transfer the title over to him and create a "bill of sale" type form. He signs, I sign, and we're done right?

Anything else I need to make sure I do in order to cover my keester?
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gery350
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« Reply #1 on: July 26, 2005, 09:09:59 AM »

call me anal with my release forms and all but like some of you said-CYA. until transfer of title is actually done the car is still under your name. make sure he transfers title prior to driving. if he gets into an accident or whatever, they will come looking for you. believe me my sister in law sold her car to some guy. the car was involved in a hit and run and later found abandoned. well when the cops pulled the info it was still registered under her name. its been an ordeal for her to try and prove she had sold the car. CYA. Smiley
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« Reply #2 on: July 26, 2005, 09:16:31 AM »

Make sure somewhere in the agreement you put something like "Seller has no responsibility or is liable for anything after sale. Sale is final." That way he can't come back and say you sold me a POS and you should buy it back.  But I personally would never sell any car, boat, atv, etc to my neighbor regardless of the condition. That could lead to a broken friendship if something happens.
-Mark
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jackinthebox23
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« Reply #3 on: July 26, 2005, 09:34:44 AM »

thanks for the replies. I definitely want to CMA. 
People have warned me about selling to a neighbor, but in this case, I know what I am giving them is in pristine condition with an extended warranty. So, my conscious is free. I've even explained to them that the car is in great condition..we bought it new and they know the history of it, so they are cool with it.  But it is definitely a valid concern.

Maybe I'll drive with them down to the tag/title place to transfer it with them.
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« Reply #4 on: July 26, 2005, 09:56:33 AM »

A Notary can be your best friend.
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wilburz
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« Reply #5 on: July 26, 2005, 01:10:17 PM »

do a google search for 'bill of sale'. You can then copy and print it out. very official. 
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