Step 1: Get your paperwork in order
Before selling your cable car, you want to get your paperwork in order and understand what documents you need to make the sale seamless. It ’ s more than just the cable car bill of sale in California. As the owner of the vehicle, you have the California Certificate of Title, that proves the car belongs to you. When you sell a fomite, you ’ ll want to transfer the title to the individual bribe your car. You ’ ll indigence :
- Your current vehicle title
- The signature of the seller and lienholder, if applicable
- The buyer’s signature
- To pay a transfer fee of $15
You can send your paperwork to the DMV with your payment via chain mail to : DMV
PO Box 942869
Sacramento, CA 94269 You could besides stop by your local DMV position to process everything. If you don ’ t have your title, you ’ ll need to fill out the application for Duplicate or Transfer of Title ( REG 227 ). If there are errors in the title, you can use form Reg 101 Statement of Error or Erasure to remedy the issue. other documents you may need as character of selling your car in California can include :
Step 2: Get a valid smog certification
In most cases, you ’ ll need to obtain a valid smog certification in order to sell a car in California. You ’ ll motivation to go to a STAR station, which sets the smog authentication standards for California. You can use this tool to find a restricted smog check station. The smog certificate is valid within 90 days, so you want to make sure it lines up with the time of the sale. There are certain situations where you may not need a smog inspection. For exemplar, if you have an electric vehicle, your cable car is less than eight years old or is from 1975 or older, you ’ ra exempt from this process .
Step 3: Get a vehicle inspection
Your potential buyer will likely want to get a vehicle inspection to make sure everything is good to go with the car. Though the buyer pays for this march with a entrust mechanic, it ’ s still something you have to coordinate with the buyer. If the buyer doesn ’ thymine request an inspection, it can still be a thoroughly thing for you to do. If nothing else, make certain you get a CarFax report that shows your vehicle history, including any accidents and major issues .
Step 4: Set a price range
Learning how to sell a cable car in California is more than fair paperwork. It ’ second about selling the car at a price that feels good for you. A monetary value that makes it okay to function with your vehicle. As noted earlier, car appreciation has gone up so you want to check out a locate like Kelley Blue Book to see what your cable car is worth these days. It ’ s a good mind to have a minimal monetary value and maximum price in mind so you have a range to negotiate .
Step 5: Post your car listing
After gathering your paperwork, doing an inspection, and setting a price range it ’ sulfur time to post your car list and get your car sold ! Make sure your vehicle is clean and you take decent photos that distinctly show the outside and inside of the cable car. You could use Craigslist, OfferUp, Facebook Marketplace, AutoTrader, or any other site that allows you to sell your vehicle .
Step 6: Pay for any fees related to selling your car
You want to sell a car to make money but that doesn ’ thymine intend you won ’ thymine spend any money. You ’ ll need to pay any fees related to selling your car. The California DMV website states that you could be on the hook for the be fees :
- Duplicate title
- Transfer
- Use tax, based on the buyer’s county of residence
- Registration
- Penalties
As noted above, the transfer fee is $ 15. You can find out other electric potential tip costs here. All of the paperwork and fees must be paid within 10 days of the car sale date.
Step 7: Fill out the necessary paperwork with the buyer
When you have a buyer, you ’ ll necessitate to collect payment and fill out the necessity paperwork with the buyer to make it official. You as the seller and the buyer want to fill out form REG 262 which is the Vehicle/Vessel Transfer and Reassignment you need to get from the DMV ahead of time. If there is a lienholder, make certain you have the publish form quick. You ’ ll then need to remove the license plates and you ’ ll both need to report the transfer of ownership to the DMV .
Step 8: Submit all of your paperwork to make it official
After filling out the necessity paperwork, you need to submit the transfer documents to the DMV. You can fill out the Notice of Transfer and Release of Liability online within 5 days of the sale. In order to complete the process, you ’ ll want to have the seller ’ s full name and address, the VIN number, and license plate numbers. Both you as the seller and the buyer want to formally submit documents and pay the command fees to make it official with the DMV .
The bottom line
Learning how to sell a car in California can be a process but it can be done with a morsel of solitaire and perseverance. right now, you could get the most out of selling your car and put money second in your pouch. If you ’ re ready to upgrade and buy a new car or simply want to see about other options for car insurance, check out pay-per-mile car policy, a more low-cost way to protect yourself on the road. Grab a free quote to see how much you could save. —
Melanie Lockert is a freelancer writer, podcast host of the Mental Health and Wealth read, and generator of Dear Debt. She ’ s a cat ma to two jazzy cats, Miles and Thelonious, an amateur packer, music lover, and needs coffee bean to officiate .
