What Paperwork Do You Need When You Sell Your Car Online Through a Website?
The paperwork needed to sell your car varies from state to state. This article will cover the most common documents, including the Certificate of Title, Bill of Sale, and release of liability.
Title
One of the most essential pieces of paperwork to have is the title. This document shows vehicle ownership, and both the buyer and seller must sign over it. Doing this at the time of purchase is an excellent idea to avoid any issues. Some states may also require a bill of sale. This simple document outlines the terms of the sale and can help protect both parties.
Having an up-to-date inspection and smog certificate is also a good idea. This will make registering and titling the car more straightforward for the new owner. Other documents that can reassure buyers include warranty information and maintenance records. You will also want to have the odometer disclosure statement filled out on the back of the title.
Bill of Sale
A bill of sale outlines the broad terms of the website that sell my car online Huntsville AL, and can help settle disputes. It usually contains the date of the transaction, car details including the year and VIN, the odometer reading, the price, the delivery date, a declaration of the vehicle’s as-is condition, and the buyer’s and seller’s signatures. Most states outline the requirements for what must be included in a bill of sale for an automobile.
It also includes any special conditions of the sale, such as warranty details. If the buyer agrees to pay in installments, a promissory note will also be attached to the bill of sale. Buyers and sellers should both keep a copy for their records after signing. This is especially important if there are future disputes about the condition or history of the car.
Maintenance Records
While some may not consider keeping detailed vehicle maintenance records, it’s a great way to increase resale value and potential warranty coverage. Keep your records organized in a traditional physical notebook with dividers or a user-friendly app.
While it isn’t legally required in all states, a completed bill of sale can help avoid any disputes arising during sales.
Remember that car shipping can also help you maintain the resale value of your vehicle by preventing unnecessary wear and tear from long-distance driving.
Vehicle History Report
A vehicle history report helps potential buyers see if the car they are interested in has a hidden past. Companies search records based on the car’s VIN. They look at insurance agencies, law enforcement, car dealerships, mechanics, and other sources for information. Vehicle history reports should disclose the car has several owners, serious accidents, and service details.
They can also help prevent odometer rollbacks, where shady car lots try to reduce mileage to increase the selling price. A complete report may even include extended warranty details. Getting your paperwork in order before listing the car can mean a quicker sale and more cash in your pocket. Whether selling to a friend or through an online marketplace, getting all your documents together will help the process smoothly.