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Topic starter
Okay so I have an old car I need to sell. So once I put it in the paper or on here and someone wants to buy it, what do I do then? I assume a visit the DMV is necessary, but I don't know the true steps down here and would like to walk in with whatever I need in hand to make this transaction nice and simple.
So once money changes hands, where do I go and what do I do? Many thanks to those who help. This is on STT by the way, in case that's a factor.
Cory
Posted : January 2, 2008 9:22 am
It's not that hard to do. First, cancel your registration and then cancel your insurance if you have it. Then get the buyer to meet you at a notary public. Have your registration and title if you have it. Sign them over to the buyer by filling out the back of the registration and title. If you don't have a title you will have to get an affidavit from the RMV(registry of Motor vehicles) or some notary's have this form. The affidavit is for the title. Have the notary notarize the registration and the title or affidavit. That's it, the buyer will then have to go to the RMV with the affidavit and will have to request a title in their name and then they can insure and then register it.
Let me know if you have any other questions
Posted : January 2, 2008 12:39 pm
What kind of car is it, how much is wrong with it, will it pass inspection and how much?
Posted : January 2, 2008 1:02 pm
I would also suggest going with the buyer to DMV to be sure the car is transferred out of your name.
Posted : January 2, 2008 1:37 pm
Topic starter
Okay I canceled the registration and insurance on it back in October, when I bought my new car. I think I have the title, have to look at my paperwork. As far as notary, do you have a favorite, or at least know of one with a parking lot? That's always nice.
Posted : January 2, 2008 2:51 pm
If you are on St. Thomas....Blade and Key, in Red Hook, directly across from I.E. Kean High School. Plenty of parking, plus, Sondra, the notary, knows exactly what you need to do.
Posted : January 2, 2008 9:53 pm
One tip, at least on STX: when you go to the DMV, bring a lunch and a good book.
Posted : January 3, 2008 3:29 am
you also need a lien search
Posted : January 3, 2008 9:24 am
dmv opens it's doors at 730 am and starts business at 8am on STT
Posted : January 3, 2008 9:25 am
Topic starter
Thanks for the tip Juanita, and trw, what's a lien search? Can you elaborate?
Posted : January 3, 2008 10:32 am
when i bought my car from a private party on STT, they had to go to the LG"S office over by the hospital and have a lien search done to make sure they had not used the car as collateral and thereby owned the car free and clear
Posted : January 3, 2008 11:44 am
Although I do not think regulations require it, the lady at the DMV office wanted my bill of sale notarized (in July 2007). I had to go back to the notary for that, so get EVERYTHING notarized just to be safe!
Posted : January 6, 2008 11:44 am
SCREMPED,
What kind of car is it and what do you want for it? And..............what's wrong with it?
Posted : January 6, 2008 12:02 pm
