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I'm about to sell my car via Craigslist. What can I do to make sure the buyer commit to the deal and won't come back to complain after buying the car? I'm just worried about typical buyer's remorse. I want to have the buyer sign a buying contract. Is it expected with a Craigslist car selling? What should this contact say besides the car description, buyer and seller names, and the purchase price? Q
You need a bill of sale to license the vehicle anyway. Just include as is and keep a signed and dated copy for yourself as well.
Google “private auto sale contract” — there are many sources of free templates. Typically you want the name and address of both parties, and details of the car like make/model/VIN/odometer, and that this is an as-is sale. Helps to have an additional witness when signing the document.
There’s an online dmv web page to do a title transfer.
@ Cl sale to private parry - always at bank in cash unless you are selling a 80k car :)
What car are you selling? A friend is planning to buy one. Legitimate buyer and you won't have any hassles.
Bill of sale (state usually has a template) / cash / title in hand. So long as you disclose known issues, if any, you have nothing to worry about. Just don’t be a scumbag when selling and life is good. If it matters, I have sold 5 of my own vehicles (4 cars 1 motorcycle) and no issues.
On another note be prepared for a bunch of flakes from craigslist. One of my relatives sold a car that way and he had these 2 dicks that called and bid up the price. One person was supposed to pick up the car and never showed. Called the 2nd person and they said they'd be right over and never showed. Relative called back and person said "I'm just fuckin with ya". Nice.
If you are in CA or any other state that has no cooling off period don't worry about it. Get cash for the car, deposit it and the buyer deals with the rest. Don't complicate things with additional contracts, you might screw yourself over if the contract is poorly worded. Otherwise use CarMax or Shift and take less money. CarMax is instant, Shift depends on when they can sell the car, and they give buyers a 7 day return period which can mess up the deal.
Shift has an option to buy the car directly from you (for a bit less money).
It's a cash deal and tell the buyer you sell it "as is". Any complain later can be ignored.
Should I take cash only or allow a cashier check? I heard cashier checks can be forged.
Meet buyer at a bank and immediate deposit cash or cashier's check at the scene before buyer leaves.