Whether you choose to sell your car to a dealership or a private party, you will need to gather all of the necessary documents and information on your vehicle to prepare for the sale. Car selling websites will also ask for this information before you can sell your vehicle, so it is important to be prepared whether you are selling in person or online.
Some of the documents that you should begin to gather include your vehicle title, maintenance records, original sale documents. If you are selling your car to a private buyer, then you will need to have the vehicle title in order to transfer ownership of the car after the sale is complete. The title should have an area that you can fill out when transferring the title.
Note: If you haven’t finished paying off the auto loan, your lender may be holding the vehicle title until you complete your payments.
Check your state department of transportation agency’s website for any additional forms you may be required to fill out before selling a car privately.
Some additional forms you may be required to complete before selling your car include a bill of sale, notice of release liability, odometer disclosure statement and more.
Having an up-to-date record of the vehicle’s maintenance schedule can also be helpful because it will show the buyer that you have been taking care of the car.
By gathering all of the necessary information and documents before the sale, you can speed up the process when you find interested buyers. Be prepared for the sale before you begin to advertise your vehicle online.