Tips On How To Sell My Car In New Jersey

June 5, 2014

Selling an automobile is not so hard. If you know what to do it is a matter that should take no more than a business day. You need to find out all the information regarding sale of cars before you can start the process of transferring ownership of your motor vehicle. You need a bill of sale as well as the car title for successful transfer of ownership. How to sell my car in New Jersey is a question many people ask themselves.

The first thing you need to do when you are selling your vehicle is to find a Motor Vehicle Commission that is within your location. You should know all the steps to follow before the ownership of your vehicle is transferred to a new person. You should make sure you know where the title of the vehicle is. Get rid of your license plates because the vehicle is no longer going to be yours.

A bill of sale agreement should follow. This is a document that is shared between the buyer who is purchasing the vehicle and the seller. The agreement should have details of both parties. It should have addresses, phone numbers and personal data. The document should also have details of the car in question. The price of your automobile should be well stated in the bill of sale agreement.

The bill of sale agreement should have the mileage. You need to sign the document together with the buyer. It is necessary to have a notary witness this. Draft a good bill of sale agreement and find a notary who you can rely on. It is important to have dates included in the bill of sale agreement.

You can take the money after you are done signing the document in front of the notary. You should now take the title and sign at the back of it. Include the date, name and address of the buyer at the back of the title. The reading of the odometer as well as the price that the vehicle is being sold for needs to be included as well. In New Jersey you do not need to visit the MVC with the buyer in order for you to complete the sale process.

You should give the buyer a copy of the bill of sale agreement, title and the car keys. Tell the buyer to visit the MVC before ten days to avoid paying fees that are charged thereafter. The new owner is required to sign the back of title as well.

The buyer is expected to sign the title at the back as well. He or she also needs to write the drivers license number at the back of the title. Other items that the buyer needs to carry include a payment for the sales tax, a valid insurance card and the bill of sale agreement. In order to register the vehicle in his name it is necessary to carry registration fee.

Before the new plates are out the buyer will use a temporary tag. When you have transferred the vehicle to another person you need to return your plates to a MVC agency that is nearer you. If you wish to use the same plates on another automobile then you can do so.

When you are looking for information about how to sell my car in New Jersey, go to the web pages online here today. You can see details at http://www.autobuynj.com now.

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posted in Autos by Lila Bryant

 
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