Legalities In Selling A Car

[TracidTrax]

Im selling my car soon and ive never sold one before so i dont have much of an idea. What type of paper work do i need and how can i trust the buyer if he pays by cheque?

[R33S2]

Dont give them the car untill the cheque clears or get THEM to do a rush clearance.

You will need a roadworthy cert and make sure they change the rego as you can't, its up to them.

[Goon]

Ask for a bank cheque.

[sl33ek]

Yeah Bank cheque, i second that and cash it asap

You need your rego papers. On the back there should be a car disposal notice thing, its a form.

Fill it out and sign it and get the buyer to sign it too. If you want to be nice, you can put down a lower sale price on the form so the buyer will pay a lower transfer tax when he transfers the registration to his name (I think its 3% of agreed sale price).

[dezz]

you can get the transfer papers off the vic roads site too...

[1q2w3e4r]

A bank cheque is bought with available funds. As long as you cash it your not going to run into a drama of it bouncing, it can't.

Write up a sales reciept and include.

* Make

* Model

* Year

* Rego No

* Engine No

* Chassis No

* Sale price

* Agreement of sale (paid by bank cheque, electronic funds transfer)

* Conditions

One for you and a copy for the buyer. Sign and date it.

[BL01]

Date it and put a TIME on it as well!...Just in case he gets a speeding ticket, he can't put the blame on you!

[Craved]

Also right "AS IS" on the contract so he/she cant come back to you and try to get you to fix anything...

[1q2w3e4r]

Also right "AS IS" on the contract so he/she cant come back to you and try to get you to fix anything...

<{POST_SNAPBACK}>

Yeah that's a good one. "Buyer purschases car as is, where is"

[inark]

http://www.vicroads.vic.gov.au/vrne/vrne5n...A256FD300241C01 - transfer papers

print em out and fill them in.

and yeah... bank cheque and a receipt with the info people have already stated

[TracidTrax]

thanks for the link

whats a rush clearance?

[saff_cossie]

Yeah that's a good one.  "Buyer purschases car as is, where is"

<{POST_SNAPBACK}>

or "Sold as Seen" is another good one that I have used before. Covers your back incase of any nasties.

[mr_crust]

before tehy epick it up tell teh mto get a cover note to drive the car and before they take it you take of the plates and return them to vic roads n u get refunded whts left on ur rego

[inark]

before tehy epick it up tell teh mto get a cover note to drive the car and before they take it you take of the plates and return them to vic roads n u get refunded whts left on ur rego

<{POST_SNAPBACK}>

you only take the plates off if ur not selling with a RWC or rego

[hijaked]

yea bank cheque is always the best to go! there pretty safe!

on the vic roads form, the seller and buyer writes in an agreed value.

its got how much the tax n stuff costs on the form for the cars value

but if the buyer is nice, and wants to save money, and you too i think. just put in a lower 'reasonable' price. otherwise they fine you if you do. so dont get caught

my friend baught a 18,000 dollar land cruiser, and on the form he wrote that it was worth 4,500. saved lots of money bit risky tho.

[TracidTrax]

also i have custom number plates which id like to keep, can i go back to my old plates and sell them with that?

[paulr33]

also worth calling up vic roads a week later and confirming the rego has had its change of address done, otherwise you may end up getting fines for the car even though you don't own it anymore

[dezz]

thats why you keep your copy of the transfer papers which state the date the car was handed over....which puts you in the clear for any fines they rack up before transferring

[bigtim11]

when the transfer papers are processed at vic roads, are the kilometres looked at?

ie I am looking at a few cars, but am kinda suspicious to the amount of k's they have done

Does vic road write down the kilometres on the car when the car changes owner...so that if the clock was wound back it vic roads would pick it up?!!?!?

[TracidTrax]

bigtim, if your sus about the k's on the car your probably right though what can u do about it? nah dont think vicroads would check the k's on the car. It would be too much work and hassle for them. Y would vicroads care about how many k's the car has. Its not like they r buying the cars. But then again i wouldnt know cause ive never sold a car