While certain federal requirements exist for selling cars, most states have their own additional requirements. This article will outline what documents you need to sell your car in California. Essential Paperwork The California Certificate of Title: A seller transfers ownership to a buyer by signing the title. Then, the buyer can bring the title to a DMV office and submit an application for transfer of ownership. If your car isn’t paid off and your lienholder still has the title, you must notify them before selling your car. Make sure you’re able to cover the remaining balance to free the title. Title transfer: If the California Certificate of Title is missing, complete an Application for Duplicate or Transfer of Title. The buyer will bring this form to a DMV office, along with a transfer fee, where the car will be registered to their name and they will receive a new title. The seller, buyer, and the lienholder (if applicable) must sign this document. Releas...
Are you in a rush to sell your car? Whether you need instant cash, a more fuel-efficient vehicle to accommodate a longer commute, or simply want to upgrade to a new ride, selling your car doesn’t have to be a challenge. This article will outline your options and help you determine what’s best for your situation.
The COVID-19 pandemic has made many normal activities more stressful and difficult. Selling your car is no exception. While the safest option is waiting until a vaccine becomes widely accessible, if you need to sell before then, there are steps you can take to minimize risk. Selling to a Dealership Early in the pandemic, many people were wary of interacting with strangers, making it challenging to sell a car. In recent months, however, car trade-ins are becoming more frequent, and dealerships are increasingly willing to pay high prices for used cars, according to data from Edmunds.com. If you sell soon, these unusual circumstances may enable you to earn a higher profit than you would otherwise.
Do you need to sell your car, but still have a balance left on the loan you used to purchase it? This situation may feel intimidating, but it doesn’t have to be a challenge. Selling a financed car just requires a little more paperwork and savvy to ensure everything goes smoothly. This article will walk you through the process of figuring out what kind of equity your car has, and how to use that information to make your sale.