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So you can earn money, and get a that car you wanted.
Yes, if you are buying it outright. As in a cash sale from an individual, A car lot may not have the title on hand if they purchased the car recently and have sent it to the state for reassignment. Be very careful we buying and only getting a bill of sale.
A bill of sale shows that the seller sold the vehicle to the buyer and provides the details of that sale. Please note that a bill of sale does not prove ownership--only .
http://www.samples-help.org.uk/sample-letters/car-bill-of-sale.htm Contains a printable template for a bill of sale for a car, as well as telling you the information that the bill will need to contain.
I would have a mechanic look over the car. Take it for a test drive and look over everything. You have to remeber when buying a used car the sale is "as is" which means once you buy it all the problems are yours.
Check with your DMV but usually as long as the title is signed as released by the previous owner, and you have a bill of sale it should be good.
No. You must prove ownership, therefore need to have the title to the car with the details of the sale completed. A bill of sale is worthless for registering a car.
I believe you are allowed 7 days on your bill of sale to get the car registered.
Begin by getting a Sunday newspaper. You will save a lot of money buying a used car from an individual as opposed to buying from a dealer. Take the car to your trusted mechanic to have it inspected before making your purchase.
No
You should get a bill of sale AND the title of ownership.
Bill of Sale is not a contract. It is however just a receipt. Typically used when buying/selling a used car from/to a private party. It's a documented agreement that both parties understand what is being sold/bought and at what price and date. It's really just for your records as well as proof to the DMV for when you have to pay taxes on the purchase to have it registered for tags