In most states it is as simple as the seller signing the title over to the buyer and then talking it down to the county clerk and recorder. They will give you a new title with your name on it. You will probably be required to show a buyers order (simply a written or typed piece of paper that says the seller, blank agrees to sell the vehicle for such and such a price) and sometimes proof of purchase.
Taxes are paid in California at the time you register the car with the Department Of Motor Vehicles. You do not pay tax to the person you are buying from.
"As with all vehicles, the worth can vary depending on the condition of the interior and exterior. Buying a used 2002 Chevy Malibu from a private seller will run you somewhere in the $4000.00 range. When buying from a dealer, the price will be inflated."
Buying a car from a private seller can often be cheaper than buying from a dealership. It also allows for more flexibility in negotiations and can sometimes result in a simpler and quicker transaction process. However, private party sales may not offer the same level of warranty or guarantees as buying from a dealership.
Private car owners may be willing to accept payments for their vehicles, but it ultimately depends on the individual seller's preferences and financial situation.
While you do not need an attorney, it is best to have an agent represent you.
The title would be your receipt.
Are you considering buying a car from an individual seller instead of a dealership?
Depends on the private seller.
Most cars sold by private parties are just fine, however you should always exercise common sense when buying from a private seller.
"The average price for a 2007 Pontiac G6 in good condition is around $10,000 used. It depends if you are buying it from a private seller or a dealer. A private seller tends to have them from a better price then a dealership would."
I assume the private mortgage was granted to the seller who became the mortgagee. Yes, the mortgagee can sell her rights under the mortgage but she cannot change its terms without the written consent of the mortgagor.I assume the private mortgage was granted to the seller who became the mortgagee. Yes, the mortgagee can sell her rights under the mortgage but she cannot change its terms without the written consent of the mortgagor.I assume the private mortgage was granted to the seller who became the mortgagee. Yes, the mortgagee can sell her rights under the mortgage but she cannot change its terms without the written consent of the mortgagor.I assume the private mortgage was granted to the seller who became the mortgagee. Yes, the mortgagee can sell her rights under the mortgage but she cannot change its terms without the written consent of the mortgagor.
When you buy a car with cash from a private seller, there are no direct tax implications according to the IRS. However, you may still need to pay sales tax and registration fees to your state or local government.