Private Sale Tax, Title and License

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Old 04-02-2011, 12:32 PM
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Private Sale Tax, Title and License

Never bought a private sale used car before. How does it work?

I understand it may vary some from state-to-state, but "in general" is fine.
Old 04-02-2011, 12:39 PM
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You pay for tax and title when you register the car at DMV.
Old 04-02-2011, 12:45 PM
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You just find buyer or seller you can trust w right auto.
In Texas - you agree on price, make a bill of sale (include terms and conditions of both parties), and fill out
the sales tax ownership form. The purchaser takes this form
to his local DMV and pays sale tax to them. The DMV
then registers the auto in his name and withdraws the orig owner
as owner. You might also have inspections, warrany, car fax.
Old 04-02-2011, 12:47 PM
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Is an odometer statement recommened/necessary?
Old 04-02-2011, 12:53 PM
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Originally Posted by Bearcat94
Is an odometer statement recommened/necessary?
Those should be included in your bill of sale and ownership
transfer form. Some states dont have the form.
Condition warranty and all the important T's and C's
should be in writting.
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