What Paperwork Do I Need When Selling My Used Car
Want to know [how to sell your car> ? The used car selling process involves a lot of steps, from preparing your car for sale, to collecting and completing all the car paperwork, to finally passing it on to its new owner. Speaking of car paperwork, there are more than a few documents that you need to furnish before you can truly let go of your old car. Each document is important, so no matter how good your cars condition is, if theres a document missing or some of the information doesnt add up, youll only be giving your prospective buyers a reason to second-guess their purchase and try to look for another used car to buy. Carmudi Philippines would like to discuss these car documents in detail with you so you know exactly what you need when selling your used car.
## Original Certificate or Registration
A used car buyer will likely ask you to present the vehicles Original Certificate of Registration, or at least a certified copy of it. Confirm that the vehicle is currently registered with the Land Transportation Office and verify that the accompanying sticker is on the license plate. Be wary of the word encumbered if it appears on your car document, because that tells your buyer that the vehicle has not yet cleared with the financing entity that paid for the car. Be ready to explain to your buyer why your vehicle is encumbered and support your reason with these documents.
## Official Receipt
## Absolute Deed of Sale
## Transfer of Title
## Maintenance Records
Sale Of Vehicle To An Interstate Purchaser
A WA licensed vehicle cannot be transferred to a person who is not a WA resident. If you want to sell a WA licensed vehicle interstate, you will need to either:
- De-license the vehicle by returning the plates to DoT prior to the sale to an interstate buyer.
- Re-license the vehicle in the new state or territory before selling the vehicle to an interstate buyer.
To claim a refund of any remaining part of the WA licence you will need to de-license the vehicle by returning the plates to the Department. This must be done before sale to an interstate buyer.
An interstate buyer of a WA licensed vehicle cannot claim a refund of the remaining part of a WA vehicle licence.
Once a vehicle is re-licensed in another state or territory, the WA licence is cancelled. No refund is payable to either the WA owner or the interstate buyer. Only the WA owner is entitled to a refund, provided the WA plates are returned to DoT prior to the sale.
Repair And Part Receipts
Cars sometimes need to be repaired due to age-related issues, damage sustained from an accident or damage caused by another individual. If you have had work carried out on your car, it is good practice to keep the receipts of the work carried out to show that the work has been done to a high standard by a reputable garage.
It is also worthwhile keeping receipts of all parts that have been replaced to prove to the buyer that all parts on the car are genuine. This is especially important if the car is still under warranty.
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Where To List Your Car
There are many places to list your car online. Craigslist is very popular and available for the nominal fee of $5, but scams are still prevalent. More specialized sites include Autotrader, eBay Motors, and Car Gurus. If you’re selling a rare or specialty vehicle, then you might consider various collector sites. Write your ad with any details that might add value, such as options or recent upgrades.
How Much Is Your Car Worth
The first step of selling your car is working out how much your car might be worth.
You can get an idea about the possible value of your car from the following websites:
Its important to remember these are only estimations and there are several other factors which might affect the value. For example, any damage, quality of the tires, service record and how long is left on the MOT.
But there are other things you need to take into consideration when valuing your car.
For example, it might take longer to get the best possible price for your car. So, if you need money quickly, you might want to consider selling at a lower price.
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How Do You Shop For A Car
How to Buy a Car 8 Steps to Buying a New Car. Share: Research Vehicles and Features. Not sure what vehicle you want yet? Get Preapproved for a Loan. A preapproved auto loan starts you out on the right foot. Plan Your Trade-In. Locate and Test-Drive the Car. Check Sale Price and Warranties. Review the Deal and Dealer Financing. Close the Deal.
Additional Documents For Selling A Car
Some states require extra paperwork beyond a clean title and a signed bill of sale.
In those locales mandating emissions inspections, you’ll have to provide documentation demonstrating your vehicle’s passed the required tests before completing a sale. And in some states, you’ll also need to have the emissions inspection performed a set number of days before the transaction goes through.
However, if you own a hybrid vehicle or a classic car more than 25 years old, you don’t have to worry about this step.
Often, states call for safety inspections to deem a car safe and roadworthy. Typical components checked are the turn signals, tires, brakes, and other possible problem areas. In these locations, your vehicle must have an up-to-date inspection before you sign the bill of sale and transfer it to a new owner.
When you sell your car, other helpful paperwork includes warranty information, maintenance records, and a vehicle history report.
Though not required, each can further reassure potential buyers and put them on the road to a good ownership experience.
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The Buyer Inspects The Car
Most auto shoppers who buy a car privately pay for a pre-purchase vehicle inspection by a qualified and licensed auto mechanic. Although the buyer pays for this inspection, the seller and buyer do have to agree as to when and where the inspection is held. If the inspection does find any issues with the car, it is a good idea to keep the report for your records.
What Proof Of Purchase Do I Need To Sell A Car With Motorway
In order to sell a car with Motorway you must have proof of purchase if you have bought you car in the past six months. This must be a valid VAT receipt for the dealer you purchased the car from.
Please note, Motorway does not list cars that have been purchased from private sellers within the last six months.
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Tips For Price Negotiations
The benefit of using the instant cash offer or selling your car to a dealer is that these methods can take price haggling out of the equation. When selling your vehicle to a private owner, let the buyer take the lead in any negotiations. Ideally, youve given yourself some padding on your asking price, so the buyer can either accept the price or counteroffer.
- Determine your lowest acceptable offer. Know your lowest acceptable offer beforehand and take into consideration the number of possible buyers you have in hand. The art of negotiation involves feeling confident that other buyers may be out there if you cant agree on a price.
- Be realistic. If a buyer offers below your lowest acceptable sales price, be prepared to move on. Suggest that they contact you if they reconsider. But if the buyer makes a reasonable offer, be prepared to say yes.
- Bring paperwork just in case. Be prepared to sell your car on the spot if the buyer wants to complete the sale. Remember to bring your car title and all the collected paperwork to the meeting but keep it in a safe place until decision time.
What Paperwork Is Needed To Sell A Car
Youre all set to sell your car, but one thing is standing in your way the dreaded paperwork. Selling your car can be aggravating, but the documentation doesn’t need to be a part of the problem. If you’re wondering, what paperwork do I need to sell my car?, we’ll provide the answer below. You’ll also learn how to organize the required documents in a timely fashion so you can finalize the sale smoothly when the right buyer comes along.
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How To Prepare Your Car To Sell
A broken door lock lever, a cracked windshield, the clattering of a noisy exhaust pipe its in your best interest to fix these things before putting your car or truck on the market.
Youll want to address the bigger mechanical issues unless you plan on selling your vehicle as is at a reduced price.
Consider getting your car professionally detailed, especially during the coronavirus pandemic. Its just one more reassurance for potential buyers that theyre stepping into a clean car. Cleaning your car professionally also helps you increase the sales value when selling the car.
Basic detailing can cost in the hundreds of dollars, depending on the size and condition of your car and where you live. So be sure to shop around for a price and know what youre getting.
If detailing costs are out of financial reach, you can always take it to a car wash and do the detailing yourself.
Interior Tips to Sell a Car
- Remove all personal items and debris
- Shampoo carpets
- Clean dashboard, seats, mirrors and otherwise put a shine on all surface areas
Exterior Tips to Sell a Car
- Remove all stickers and magnets
- Repair dents, dings, and scratches
- Replace any burned out lights
- Fix windshield chips and cracks
- Check the brakes and consider replacing if theyre worn down
- Inspect your tires and determine if replacing is needed
Option A: Transfer A Vehicle Via Your Online Account
Customers with DoTDirect online accounts can conveniently transfer vehicles online. You can even do it on your mobile phone.
- To transfer a vehicle, log into your DoTDirect Online Account and follow the prompts.
Online vehicle transfers are available to individuals and all the information you need to transfer a vehicle out of your name is the buyer’s driver’s licence number and surname.
Some vehicles cannot be transferred online. These include vehicles that are:
- Being transferred between spouses or de facto partners.
- Heavy vehicles.
- Part of a court order or deceased estate.
- To be jointly owned.
- Transferring to or from a company/organisation.
- Where the seller, purchaser or vehicle cannot be matched to our records.
Make sure you give the vehicle licence document and any other applicable documentation to the purchaser of the vehicle. If you have a DoTDirect account you can purchase a copy of the vehicle licence document online if required. You will first be prompted to login to your account, if you don’t have one use the prompts to set up your account.
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Notice Of Transfer And Release Of Liability
Many states require a notice of transfer form. This document is just as important as the bill of sale when it comes to absolving liability. It tells the DMV you are no longer the car owner and thus aren’t responsible for anything that happens to it, even if the new owner hasn’t yet turned in the new car title.
Thankfully, a notice of transfer usually doesn’t require the buyer’s signature. And in many states, you can fill out the notice of transfer through an electronic form. However you choose to notify the DMV, be sure to give them this document immediately following the sale.
Advertising Tips And Tricks
Once youve decided to sell your car privately, its time to get the word out to the largest audience possible and sell a car online.
Websites like Kelly Blue Book and Autotrader offer information on how to sell a car online and advertising classifieds services that put your car in front of thousands of active shoppers in your area in a matter of minutes. The car ads also run nationally for those hard-to-find vehicles. With a detailed description and several good photos, you can stand out to the buyers who are interested in your car.
Selling your car online also allows you to field questions first, which will help you weed out any unlikely buyers and limit your time showing the car in person.
Learn about posting ads and costs now on KBB.com and Autotrader.com
How To Sell A Car In Wyoming
Selling a car in Wyoming entails certain rules and regulations. These rules are laid down by the Department of Transportation DOT, in order not to transfer a defective title. A proper transfer of ownership must be free from any encumbrance. The three easiest ways you can sell a car in Wyoming are Online Sale, Private Selling, and Selling To A Dealer.
Negotiating When Selling Your Car
If youre selling your car privately or to a dealer, the buyer is likely to want to haggle about the price. So, dont be caught off guard read our negotiating tips below so you know how to use to maximise your cars value without losing the sale.
For tips on negotiating when buying a car, read the Which? website
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Dont Be Tricked By Fraudulent Buyers
Selling your car privately can expose you to thieves posing as potential buyers.
Here are some recent scams to be on the look-out for:
- Someone posing as a car exporter, who asks you to transfer shipping fees to overseas buyers.
- Phishing emails from so-called car buying and selling websites requesting login and payment details for your card.
- Text messages expressing an interest in your car only for you to be charged at a premium rate if you respond by phone or text.
- A buyer who pays by cheque and takes the car before the cheque clears, but the cheque bounces a few days later because it is a forgery or fake
- A buyer offering to buy your car unseen who pays the full amount through PayPal. Youre then notified youve been overpaid and youre asked to return the difference through a different online payment method. As you do this, the fraudster arranges for their original PayPal transaction to be reversed and you lose the money youve returned.
For more tips on avoiding fraud when selling and buying a car, go to the Get Safe Online
Set The Asking Price For Your Car
This is probably the hardest part about getting your car ready to sell. But theres good news. CAA-Quebecs Automotive Advisory Services have expert knowledge to guide members and access to insider tools like the Hebdo Book, the car resellers bible to determine your used vehicle’s list price. You can also browse classified ads or auto magazines to compare your car with others of the same make, year, and model with similar equipment and mileage. Speaking of mileage, keep in mind that the average Quebecer drives 16,000 km a year. So a five-year-old car should have about 100,000 km on it. Thats another factor in setting the right price.
And once youve done that, remember that your future buyer will probably want to negotiate. Set your asking price accordingly and have a number that is your absolute lowest in mind.
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Invoices Service History Mot Certificates And Other Documentation
Service History if youve sold the car with the promise of a full or part service history, then ensure all the related paperwork is given to your buyer. Supply invoices from the servicing garage and, most importantly, the service book containing the dealer stamps showing when and where the car was serviced.
Other Receipts Perhaps proof of purchase paperwork showing recent expense such as, say, a set of recently fitted tyres .
MOT Certificates if the car has had one or more MOT tests, then all the certificates should be given to the new owner.
Owners Manuals along with the service record book, any manuals originally supplied with the car including other equipment should be included. Dont forget items like radio codes.
Warranty Information if the car is still under warranty, then any relevant booklets and documentation should be given to your buyer.
Donate Your Old Car To Charity
If your old car isnt worth much or you havent got the time to arrange selling it, why not donate it to Charitycar
Theyll collect it free of charge and youll have the satisfaction of knowing your cars value is going to the charity of your choice.
You could also consider donating your car through Giveacar
If you donate your old car, it will either be sold at auction or scrapped.
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Carsales Facts+ And Ppsr
Its not essential that you arrange a vehicle history report for the buyer, but it signals to him or her that you are confident the car will scrub up neatly in such a report.
You can arrange a FACTS+ report through carsales for just $34, and that includes a Personal Property Securities Register report, which can be downloaded as a PDF file.
This will convey to the buyer that the car hasnt been written off, is unencumbered by finance, and the odometer reading is consistent with the cars documented history.
Documents to assemble for selling your car Current registration certificate Transfer of ownership form if not transferring online Receipt for payment Owners manual and supplements Scheduled service logbook Receipts for labour and parts carsales FACTS+ and PPSR report