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+--- Thread: Tips for Selling Privately? (/showthread.php?tid=7186)
Tips for Selling Privately? - Apoc - 04-09-2008
I've listed my car on CL and have gotten about a half dozen responses in the last 12 hours. I fully expect most of these people to flake, but am encouraged by the enthusiasm of 1 or 2. I've never sold a car private party (OMG NO WAI!), so I'm looking for tips to make the transaction as smooth as possible.
This is what I have so far:
-see license before a test drive
-cash or cashiers check only
-do the transaction at my bank
-hand over the car when paid
-hold the title until check clears
I know I'm forgetting something big, what is it?
- HAULN-SS - 04-09-2008
Go with them for the test drive is usually on my list.
- Evan - 04-09-2008
you can get the best price by selling to nigerians. they have a guy who comes and picks up the car and everything, no haggling.
Re: Tips for Selling Privately? - D_Eclipse9916 - 04-09-2008
Apoc Wrote:I've listed my car on CL and have gotten about a half dozen responses in the last 12 hours. I fully expect most of these people to flake, but am encouraged by the enthusiasm of 1 or 2. I've never sold a car private party (OMG NO WAI!), so I'm looking for tips to make the transaction as smooth as possible.
This is what I have so far:
-see license before a test drive
-cash or cashiers check only
-do the transaction at my bank
-hand over the car when paid
-hold the title until check clears
I know I'm forgetting something big, what is it?
First of all, do the transaction at a bank. That way you can have everything cleared before signing it away. Also everything is witnessed by a bank, so pretty much if he tries something fishy, hes fucked.
- WRXtranceformed - 04-09-2008
Got a link to your CL ad? I want to forward it to my buddy who's in the market.
- Apoc - 04-09-2008
<!-- m --><a class="postlink" href="http://washingtondc.craigslist.org/nva/car/635439367.html">http://washingtondc.craigslist.org/nva/ ... 39367.html</a><!-- m -->
- Andy - 04-09-2008
Evan Wrote:you can get the best price by selling to nigerians. they have a guy who comes and picks up the car and everything, no haggling.
That's exactly what I did!
- ScottyB - 04-09-2008
HAULN-SS Wrote:Go with them for the test drive is usually on my list.
yep. i wouldn't trust anyone no matter how serious they are. especially with an S4omg2turbos6klaunchyo
my worst nightmare would be some kid coming with their mom/dad to check the car out. in that case, put your seatbelt on :lol:
- G.Irish - 04-09-2008
Write up a Bill of Sale and have them sign a copy and you sign a copy. You might be able to find a template on DMV's site (or just google for one).
- Apoc - 04-09-2008
G.Irish Wrote:Write up a Bill of Sale and have them sign a copy and you sign a copy. You might be able to find a template on DMV's site (or just google for one).
I just did that but thanks for the suggestion.
Do you guys hold the title until you're sure the check clears? How long does that take?
- .RJ - 04-09-2008
Chris, I've got a bill of sale template if you want it.
- .RJ - 04-09-2008
Apoc Wrote:Do you guys hold the title until you're sure the check clears? How long does that take?
Yes. Your bank can call their bank to verify the the check it legit... or you can set up a new account with your bank and ask them to do a wire transfer.
- Andy - 04-09-2008
.RJ Wrote:Chris, I've got a bill of sale template if you want it.
In VA, the title is the bill of sale
- .RJ - 04-09-2008
Andy Wrote:In VA, the title is the bill of sale
If the vehicle is 5 years old or newer, the DMV still needs it to verify the sale price - or else you pay book retail. Dont ask me why its not spelled out on their website... because its not, but i've run into it more than once.
<!-- m --><a class="postlink" href="http://www.dmv.virginia.gov/webdoc/citizen/vehicles/titling.asp">http://www.dmv.virginia.gov/webdoc/citi ... itling.asp</a><!-- m -->
Its also a good idea to have a signed document stating that no warranty is expressed or implied. Especially with an Audi
- WRXtranceformed - 04-09-2008
Apoc Wrote:http://washingtondc.craigslist.org/nva/car/635439367.html
Cool, I forwarded it on to him.
- Apoc - 04-09-2008
.RJ Wrote:Andy Wrote:In VA, the title is the bill of sale
If the vehicle is 5 years old or newer, the DMV still needs it to verify the sale price - or else you pay book retail. Dont ask me why its not spelled out on their website... because its not, but i've run into it more than once.
<!-- m --><a class="postlink" href="http://www.dmv.virginia.gov/webdoc/citizen/vehicles/titling.asp">http://www.dmv.virginia.gov/webdoc/citi ... itling.asp</a><!-- m -->
Its also a good idea to have a signed document stating that no warranty is expressed or implied. Especially with an Audi
Yeah mine says that... I wanted to make sure of that. Plus I need a document to state deposit, should we go that route.
The car is older than 5 years. I guess I can use the DoS at deposit time and then take the title with me to the bank if he's paying by check.
- ViPER1313 - 04-09-2008
Apoc Wrote:G.Irish Wrote:Write up a Bill of Sale and have them sign a copy and you sign a copy. You might be able to find a template on DMV's site (or just google for one).
I just did that but thanks for the suggestion.
Do you guys hold the title until you're sure the check clears? How long does that take?
If it's a personal check, it can take up to 2 months. So like everyone said, make sure you call / go to the bank to make sure the check is legit.
- G.Irish - 04-09-2008
I wouldn't accept personal checks period. Bank checks or cash only.
- Maengelito - 04-09-2008
and if you do get a fat stack of cash as payment, please use it to spell out something humorous about RJ's sexuality
- ScottyB - 04-09-2008
Maengelito Wrote:and if you do get a fat stack of cash as payment, please use it to spell out something humorous about RJ's sexuality
someone needs to find all of the pictures people have taken over the years of cash spelling out "RJ loves cock"....i'm sure there's at least a dozen out there