What is what to do with title when selling car privately?

When selling a car privately, handling the title correctly is crucial for a smooth and legal transaction. Here's what you need to do:

• Locate the Title: This seems obvious, but ensure you can find the original title. A lost title can cause significant delays and complications. If you can't find it, you'll need to apply for a replacement%20title from your local Department of Motor Vehicles (DMV) or equivalent agency.

• Complete the Seller's Section: The title will have a section specifically for the seller to fill out. This typically includes:

  • Odometer Reading: Accurately record the car's current mileage. Federal law requires this. Be careful, as odometer fraud can lead to serious legal consequences.
  • Sale Price: Enter the agreed-upon sale price of the vehicle.
  • Date of Sale: Record the date you officially sold the vehicle.
  • Your Signature(s): All sellers listed on the title must sign it. Make sure the signatures match the names printed on the title.

• Provide to Buyer: Once you've completed the seller's section, give the signed title to the buyer. This is their proof of ownership and allows them to register the vehicle in their name.

• Bill of Sale (Optional, but Recommended): While not always required, a bill%20of%20sale provides additional documentation of the transaction. It includes details like the buyer's and seller's information, vehicle description, sale price, and date of sale. Keep a copy for your records.

• Release of Liability (If Required): Some states require sellers to notify the DMV about the sale of a vehicle. This is often done through a release%20of%20liability form or online notification system. Check your state's DMV website for specific requirements. This protects you from liability for any incidents involving the vehicle after you've sold it.

• Keep a Copy: Before handing over the title, make a photocopy or take a clear photo of the front and back of the signed title for your records. This can be useful if any disputes arise later.