So I might sell my car tomorrow...

[jagec]

Originally posted by: alkemyst
Just an FYI, the car is still your responsibility until it's registered by the new owners.

LOL, no, that's what the release of liability is for. Stop spreading FUD.

I should know, I've sold a car and had the next guy never register it, then get it towed. I got a notice in the mail telling me that "my" car had been towed, but since I had turned in my paperwork I wasn't liable for anything. Didn't even have to call anyone or send in any additional info, just "The car's towed, you're not liable, kthxbye".

Originally posted by: Dunbar

Originally posted by: jagec
I know that I would never dream of buying a car unless I drove away with the title in hand.

You've obviously never bought a car from someone who was leasing or financing it.

I've always paid cash, in full. I don't buy newer cars, since I am capable of doing all my own work, so it's not worth the premium.

 

[alkemyst]

Originally posted by: jagec

Originally posted by: alkemyst
Just an FYI, the car is still your responsibility until it's registered by the new owners.

LOL, no, that's what the release of liability is for. Stop spreading FUD.

I should know, I've sold a car and had the next guy never register it, then get it towed. I got a notice in the mail telling me that "my" car had been towed, but since I had turned in my paperwork I wasn't liable for anything. Didn't even have to call anyone or send in any additional info, just "The car's towed, you're not liable, kthxbye".

Originally posted by: Dunbar

Originally posted by: jagec
I know that I would never dream of buying a car unless I drove away with the title in hand.

You've obviously never bought a car from someone who was leasing or financing it.

I've always paid cash, in full. I don't buy newer cars, since I am capable of doing all my own work, so it's not worth the premium.

Dude you are 12, the law doesn't work that way in florida. You can be VERY liable without anything being witnessed and the new owner no where to be found.

That statement about paying cash for a beater because you can do your own work is hilarious.

You may want to ask your dad about this again.

 

[alkemyst]

Originally posted by: waffleironhead

Originally posted by: alkemyst

Originally posted by: waffleironhead

Originally posted by: alkemyst

Originally posted by: waffleironhead

Originally posted by: Dunbar

Originally posted by: jagec
I know that I would never dream of buying a car unless I drove away with the title in hand.

You've obviously never bought a car from someone who was leasing or financing it.

1#You have bought a car from someone who had a lien on in and just gave them cash and drove away?

Cashier's check and a sale's contract is how you do it.

Cashiers check to whom? the bank? Thats the only way I would do it. Maybe you are all too trusting or i am too paranoid, but no bank is going to release the title to me without their loan being paid off. Seller cashes check and blows it without paying the bank loan=no car title for you, sales contract or not.

Are you old enough to own a car yet? You would pay the bank, and then the difference to the other party.

People have been buying and selling cars for a long time.

Due to your comment you obviously have not been following the thread then.:roll:

I have been following the thread, where is anyone saying they are just handing over cash on a bank owned vehicle?