Step By Step In Selling Car?

[Leon.T]

Hi guys, can someone help me with a step by step guide in selling my car? I mean the buyer looks at car, likes it puts deposit (which means cannot make any changes to what is agreed to buy the car for right?) then I need to provide a RWC + nede to go to Vic Roads to transfer the car to the owner right? I've had a look on the Vic Roads website and they dont open on Sat? Is that right?? Anyway any help would be great! Thanks!

[cheez]

file the vic roads paper after they paid u in full.

deposit

full payment

file papers

[Leon.T]

oh, that simple? papers your refering to is the transfer papers right?

[cheez]

yep.

and with rwc, its an option when ur selling but the buyer must have one to transfer the car into their nem

[justin911]

does the seller have to provide a rwc if the buyer requests it ?

[Count Grantleyish]

Justin911,

Yes you have to provide rwc if the buyer request one, it's up to the negotation between seller and buyer.

Otherwise, you can sell without rwc but the buyer have to produce one to bring it to vicroads to change ownership of the car.

Cheers

Grant

[Leon.T]

thanks for the info guys. So

1. buyer wants car

2. buyer puts deposit

3. seller gets RWC

4. buyer pays full payment on car

5. both go to Vicroads to do transfer and buyer pays transfer fees

6. buyer does last burnout

7. buyer gives keys

thats right?

[Count Grantleyish]

thanks for the info guys. So

1. buyer wants car - yes

2. buyer puts deposit - obviously to secure the car

3. seller gets RWC - either 1, you're providing on sale or 2, if buyer want seller to organise when you didn't mention it on ad

4. buyer pays full payment on car - you don't give the car away for nothing do you?

5. both go to Vicroads to do transfer and buyer pays transfer fees - usually the buyer do that, but you can if you want to

6. buyer does last burnout - ???

7. seller gives keys - fixed for you

thats right?

G'day mate,

You sounds like you never exprienced the selling of a car privately is that right?

And don't forgot to write recepit for both buyer and seller stating the price and rw cert aggrement. both on deposit and full payment (handy for vicroads and insurance purposes if should a problem occurs).

Hope the answers i've provided helped you in any way, any more q's just ask away.

Cheers

Grant

[krzysiu]

You the seller does not need to go to vicroads. All you need to do is sign the transfer form and the buyer goes there by himself and pay the stamp duty and transfer costs.

Also if you are selling the car without a RWC you MUST cancel the registration before selling it.

Edited October 17, 2007 by krzysiu

[R-SPEC]

1. buyer inspects the car

2. buyer wants it and wants to put down a deposit

3. the buyer will want you to right on a piece of paper that your selling your car to him/her and have taken a deposit of X amount and he/she will pay the rest of the money within x amount of days, weeks etc, both sign it and both keep 1. otherwise seller can just run off with the deposit

4. you both agree on who gets a rwc, seller doesn't have to get it if he doesn't want to. only when you buy off a dealer/car yard then the seller has to provide a rwc.

5. you get the transfer form from vicroads and fill out your half. and also get the rwc (if seller decides to sell car with rwc) and notify the buyer that the car is ready to be picked up.

6. you go for a last drive in which you lose you license in for 6 months.

7. buyer comes over, fulls out his/her half of transfer form.

8. get your money, count em 3 times to make sure its all there

9. both sign the transfer form, give him the form and the rwc and tell him/her they now have 14 days to hand that form along with the rwc to vicroads

10. hand over the keys

done

Edited October 17, 2007 by R-SPEC

[Leon.T]

Ahh, perfect! Thanks for that. I was only joking with no.6 hahaha. Well this is the first time I'm selling my car and getting the deposit tomorrow for it!