Articles & Tips

Paperwork Needed When Selling a Car

Paperwork Needed When Selling a Car

To sell a car you own, there are some legal steps you must take in order to transfer ownership of the vehicle. These will protect not only the buyer, but yourself. The following 3 steps will help you with the paperwork needed to sell your vehicle:

Step 1: Locate the Title

If you own your car, keep the title in a safe place where it is easily accessible. If you’re still making payments on your car, once you have paid off the loan, the lender will release the lien, and will issue a new title with your name as the vehicle owner.

Step 2: Contact State Department of Motor Vehicles

If your car is paid for in full but you have not received a clear title to the vehicle, contact your lender and request that they send a lien release to your State Department of Motor Vehicles.

Step 3: Gather Other Paperwork

Gather up other paperwork that will supply the buyer with pertinent information about your vehicle, i.e., vehicle registration, maintenance receipts you might have, a vehicle repairs list, vehicle history report, etc. In presenting the buyer with this paperwork, you may eliminate the possibility of the buyer returning sometime later to you with complaints.