So when I needed a sliding sled for my Dremel work, the most difficult part was selecting the easiest existing mechanism to work with from the wide variety of shapes and sizes. What Paperwork Do I Need to Complete the Sale of My Car?Įditor’s Note: This article has been updated for accuracy since it was originally published.Įquifax and CARFAX both provide services to AutoTrader. Sure, you can buy great pre-made commercial products, but I have boxes and buckets of salvaged printer and scanner parts with more waiting to be torn apart and scavenged.
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How to Protect Yourself from Scams and Fraud When Selling a Car.How to Transfer a Car Title and Ownership After Selling a Car.Related Articles on Closing a Used Car Sale: If those precautionary steps are really important to you and saving money is your main objective, buying a car from a private seller is the way to go. On the other hand, there are ways to ensure you are not getting a lemon, and there’s no way to quantify the peace of mind that comes with knowing the previous owner. The savings come at a cost, however - primarily in terms of legal protection and handling of the paperwork. Summing UpĮverybody likes to save money, and you can save money by buying a car from a private party. If you’re concerned about this, your local department of motor vehicles can supply you with all the forms and information you’ll need ahead of time. By contrast, when buying a used car from a dealership, the dealer handles all the paperwork. Both the buyer and the seller have to ensure all the dots are connected, from financing and sales tax to proper car registration. PaperworkĪnother disadvantage of buying directly from a private seller is that all the paperwork regarding transfer of ownership is your responsibility. Also, be sure not to send payment electronically for a vehicle sight unseen. If that isn’t possible, arrange to meet only during daylight hours. When purchasing a used car from a private seller, it is advisable to meet in neutral, public locations to inspect and test drive the vehicle, and, if the vehicle meets your requirements, handle the purchase and transaction. With a private seller, such meetings may take place after hours at a personal residence. With a dealer, such meetings take place at a business establishment during normal business hours. Whether you choose to buy a used car from a private seller or a dealer, you’re likely to be meeting with people you don’t know. Find a used car for sale near you Dealing With Strangers Also, most sites that offer vehicle listing or shopping services have fraud prevention tools and tips that can help you avoid mistakes. In some cases, private sellers will purchase the inspection and history report for you. You also can purchase a vehicle history report from a company such as CARFAX. When buying a car from a private seller, it is important to protect yourself against potential scams by obtaining a Vehicle Identification Number (VIN) history report and having the used vehicle thoroughly inspected by an ASE-certified mechanic of your choosing.
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