Paperwork for Selling a Car

Planning to sell your car privately? While you go through the process of selling it, finalizing the resale price and mainly the buyer, having the right and necessary paperwork ready for selling a car is very important and helpful for a trouble-free deal. Especially when there is no dealer, you need to be extremely organized for selling the car. The entire exercise can be really stressful and even make you think twice about selling the car. It is best to organize the paperwork, before you start the selling procedure. Wondering what paperwork has to be completed when selling a car? Here's the answer.

Vehicle Title

Before you sell your car, you must have a clear title which a prospective buyer will want to check. If you are still making payments of the car loan, then along with your name the title will also include the name of the lien holder. Only if the auto loan is completely paid off, the loan company will release the lien and you'll get the new title, which includes only your name. Well, this is definitely one of the most essential steps to selling your car. So you need to clear the car loan amount and ask the loan company to finish their paperwork and release the new title. Vehicle title is also often known as certificate of ownership, which is one of the most essential paperwork for selling a car.

Registration and Maintenance Paperwork

You will have to get the vehicle registration paperwork for your car. Also get the license paperwork which might be needed. It will be best if you have kept all the receipts of maintenance and repairs done previously. A list of parts replaced by you must also be added to the paperwork. If there are some safety checks to be done (if applicable in your case), best to provide a copy of these to the prospective buyer. Providing all these will ensure that the new buyer does not keep coming back to you with complaints, after you sell off the car.

Vehicle History

It is best to provide other details like your car history to the new buyer. You must keep the vehicle history report ready, as this can be demanded by the buyer. Providing this before being demanded will only help clarity of deal and build trust between you and the buyer. The more your potential buyers know about your car and trusts you, the more quickly you will be able to sell your car.

Provide the vehicle identification number (VIN). This will also appear on the car tile, auto insurance and other records. This basically helps a person get detailed accident records, service records and car repair records of your car from the online vehicle history database.

Bill of Sale

You will have to make a bill of sale for the buyer, which will be signed by you along with other joint owners (if any) as mentioned in the title. You can also get a printed form of bill of sale which will have mention of the necessary information along with blank spaces to fill in the details. The bill of sale essentially includes your name, name of the buyer, VIN, model of the car, make, year and body, current mileage, the price decided and date of sale. The mileage can be recorded just before both of you sign on these papers. Get information on selling used car online.

Well the deal is done, your car is sold! Now what? Don't forget to cancel the registration and car insurance. Have a copy of the new registration document, which mentions the name of the owner of the car and other details like, date of sale, mileage at the time of selling, etc.

Well, you must have by now got an answer to the question, "what paperwork has to be completed when selling a car?" Having the all the paperwork will ensure that there are no issues while and after the deal is done. Make sure that you have photocopies of all the paperwork done for selling the car. All the best!