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How to pay, and leave some sort of trace, for a used car?
23rd June 2010
Im planning to buy a used car. I want to pay cash, but im afraid of not having any record of the transaction being made. Any suggestions?
Posted in: Auction FAQ | | Comments (3)
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Cashiers check. notarized receipt. pay pal. let seller meet you at the bank and cash your check to him or her.
Comment by corbett d — June 23, 2010 @ 9:04 pm
Use a pre-printed bill of sale and fill in all of the information. Here’s a Google link. Click the first listing:
http://www.google.com/search?hl=en&q=used+car+bill+of+sale&btnG=Search
Comment by Tom — June 23, 2010 @ 9:04 pm
Write out a Bill Of Sale and have the buyer and seller both sign it. Give each one a copy to keep.
List the make, model, year, color and VIN of the vehicle. The mileage and the date of purchase. Write down how much you paid and how you paid. Note all details regarding condition of the vehicle (torn seats, dent if right front fender, broken headlight, anything that you find) and clearly state any warranty, guarantee or return policy offered.
This will protect the buyer and the seller if anything comes up after the sale.
Comment by mccoyblues — June 23, 2010 @ 9:04 pm