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    almathor's Avatar
    almathor Posts: 11, Reputation: 1
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    #1

    Aug 12, 2007, 02:21 PM
    Selling a car
    I have someone interested in buying my used car. I need to know how to handle the money transaction and car title. Do we need to sign the car title in front of a witness (like a currency exchange) ? Don't I need a copy to show proof that I sold the car? What about the money? Do I make some kind of receipt?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Aug 12, 2007, 02:26 PM
    First and above all, all of the paper work should say "as is" "no warranty expressed or implyed" That way a month from now they don't come back for 3000 in repairs on the car.

    You want to have a bill of sale, you will sign it, and they will sign it. They get a copy and you get a copy, This is proof you sold them the car, in case they don't register it and have an accident or something.

    I would require cash, nothing else, there are fake certified checks, a lot of bad checks. You can meet at their bank or your bank and get all of the paperwork notorised ( all banks have this service)

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