vehicle sales question
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Mountain Pass
Joined: Feb 2006
Posts: 132
Likes: 0
From: Taxachussetts
vehicle sales question
Hey all.
I've never sold a vehicle to a private party that I had a loan on.
How does that work? Buyer cuts me a check, I make out a bill of sale and off he goes with the vehicle? I wouldn't have the title for at least a week from the bank after payoff.
I'm in MA BTW.
Thanks!
C-
I've never sold a vehicle to a private party that I had a loan on.
How does that work? Buyer cuts me a check, I make out a bill of sale and off he goes with the vehicle? I wouldn't have the title for at least a week from the bank after payoff.
I'm in MA BTW.
Thanks!
C-
Elder User
Joined: Sep 2005
Posts: 911
Likes: 0
From: Mexifornia
I have bought vehicles that the owner didn't have paid off and I went with them to their bank to pay off the vehicle and recieve the pink slip. It seemed to work as long as the bank had sufficient notice to get the pink ready. Most buyers including me, wont pay for a vehicle unless we also get the pink in our hands at the time the money gets exchanged.
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