Selling a car I just bought? Cali?
#1
Selling a car I just bought? Cali?
Does anyone know what the cali rules are for selling a car that was just recently purchased? I got this thing as a DD about a month ago and I turned the title in to the DMV when I regged it. I'm pretty much selling it on short notice, a guy just happened to offer me money for it, but I don't have a new title from the DMV yet. Anyone have some experience with this? Can I just do a bill of sale and he will receive the title?
#4
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I'm pretty sure you need to have the actual title in possesion to sign over to him. Maybe dmv can give you a temp. title if you both go there? I don't see why you should have to wait the month and a half to get it, its all done electronically anyways..
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Ithink the 2 major things are writing a legal bill of sale and then sigining a contract stating that the title is forthcoming, but has a continjency due to the Department of Motor-Vehicles of California.
Personally I think if you did this then you would have covered your ***, HJey but I am not a lawyer so dont quote me
Personally I think if you did this then you would have covered your ***, HJey but I am not a lawyer so dont quote me
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I do this ALL the time...
go to the dmv... get the yellow/orange colored "bill of sale/mileage disclosure" form(its on the wall) and fill that out. That with a smog cert. he can go register it and when you DO receive the title just discard it, he'll get his own.
with that paper, you will not need a title in hand.
Brian
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nope
I do this ALL the time...
go to the dmv... get the yellow/orange colored "bill of sale/mileage disclosure" form(its on the wall) and fill that out. That with a smog cert. he can go register it and when you DO receive the title just discard it, he'll get his own.
with that paper, you will not need a title in hand.
Brian
I do this ALL the time...
go to the dmv... get the yellow/orange colored "bill of sale/mileage disclosure" form(its on the wall) and fill that out. That with a smog cert. he can go register it and when you DO receive the title just discard it, he'll get his own.
with that paper, you will not need a title in hand.
Brian
i'm in the same boat. i turned my title in and i have a buyer wanting the car..
#15
well i bought my car once the guy finished paying it off the same month so dint have the title yet.
so i did a bill of sale saying that i will return and pay the rest of the money i owe when he gives me the title.
i took the car home and in two weeks i returned to get the title from him and pay him the rest.
so i did a bill of sale saying that i will return and pay the rest of the money i owe when he gives me the title.
i took the car home and in two weeks i returned to get the title from him and pay him the rest.