Tips for Selling my Car to an Out-of-State Buyer

[NutBucket]

Since nobody here showed me any love I managed to find a buyer through honda-tech.com. Anyway, he's in Phoenix and he already paypaled me a $100 deposit. We've settled on a price and he's going to come pick it up in a week or two and complete payment at that time as well. Now, is there anything I should worry about as far as signing papers. I plan to give him a the title and a bill of sale I write up. The car is currently registered in California. He plans to register it in Kansas, his home state. As far as I know all I need to do on my end is sign over the title. I don't believe I techincally even need a bill of sale but I'll whip one up anyway.

Anything I should watch out for besides getting scammed for the balance of the payment? I know I have to send in the release of liability release to the CA DMV but it seems like everything else is up to the buyer.

TIA!

 

[Viper GTS]

It really depends on your state, but from the sounds of it CA is much like Oregon. Title splits in half, half goes with the buyer & half you mail in.

It's up to the buyer to get it registered in his state, pay sales tax if applicable, etc.

The only question I would have would be plates. Find out if CA wants them back.
Viper GTS

 

[thedarkwolf]

In Wv if I buy a car out of state the title needs to be notarized. Won't hurt to go ahead and do that.

 

[NutBucket]

Thanks for the notary bit. Turns out the buyer is going to register it in Missouri...no notary seal required on anything.

Would you trust a seller to wire money from their credit union to my bank account? What would be the best way to handle payment?

 

[NutBucket]

Bah! You ppl are useless

 

[funkymatt]

money order or cash would be preferable. that's how ive sold both of my previous cars.

 

[StageLeft]

Shouldn't be too bad. I think you may need a bill of sale. Alabama requires one. I just sold my car. He took the entire title (nothing stays with seller), and we both had a bill of sale. I've used, twice, the one from www.carbuyingtips.com. It's a pretty good bill of sale.

 

[Kelemvor]

If he wants to pay an dpick up at the same time, make him pay in CASH or have money wired directly from his account. DO NOT take a money order or cashiers check as lately those can be forged. Otherwise you should deposit it and wait 14 days or so to make sure it doesn't reject back.

Or have him paypal the money to you since that should be guaranteed to go through and should be paypals problem if it doesn't.

 

[NutBucket]

Originally posted by: FrankyJunior
If he wants to pay an dpick up at the same time, make him pay in CASH or have money wired directly from his account. DO NOT take a money order or cashiers check as lately those can be forged. Otherwise you should deposit it and wait 14 days or so to make sure it doesn't reject back.

Or have him paypal the money to you since that should be guaranteed to go through and should be paypals problem if it doesn't.

Paypal $3900? No thanks, you can pay the fees

 

[akubi]

certified cashiers checks or money order is the standard way to do it... just make sure the checks clear though... could be a nigerian scam :laugh: