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发帖数: 971 | 1 决定写点东西，希望能给不懂的人照明一点方向。
if you are trying to buy a car from the owner who hasn't paid off the debt
yet, you need to read this.
first of all, you need to be ready for troubles.
here is the procedure:
inspect the car and negotiate the price
create a bill of sale (very important)
ask the owner to get a pay off quote from the bank, the quote could be more
or less than the price. (here, i am going to assume the quote is less than
the price)
it will be much better the bank has a local branch so that the two parties
can do the transaction in the office.
otherwise, you need to make two cashier checks: one for the bank and one for
the seller.
MAKE SURE the return address on the pay off quote is your name because you
need to make sure you receive the title even tho the name on the title is
not yours yet.
mail out everything together, triple check everything including vin/name/
address
buyer takes the car and the keys.
seller takes the plate and cancel the insurance.
when you finally receive the title, call the seller and go to bmv together
to transfer the title.
hope i don't forget anything. | c**********u
发帖数: 984 | 2 just buy from dealer, such as CPO car. that is easy. |
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