Question about selling a car that's not on your name
Collapse
X
-
Sorry, I read that wrong. What I meant to say was, you could just have the new buyer sign the title.... that's what I always used to do. The title with the previous registered owner's signature along with the buyer's is all the DMV really wants as far as paperwork (from my own experiences). -
this. this is how it works in NV not sure about anywhere elseDont do this, because then the new owner wont be able to register it, only you will.
Just title jump it. You take responsibility as an unlicensed dealer. The new buyer would have to make a complaint to the dmv for you to get in trouble. Explain to them your situation and i doubt it would become any sort of problem.Leave a comment:
-
Dont do this, because then the new owner wont be able to register it, only you will.
Just title jump it. You take responsibility as an unlicensed dealer. The new buyer would have to make a complaint to the dmv for you to get in trouble. Explain to them your situation and i doubt it would become any sort of problem.Leave a comment:
-
This, pretty much. I used to do it all the time; the DMV only really cares about getting paid.
The original title I received for my car when I bought it had been stamped with a charity org. signature, and I know for a fact that it had been sold twice since then without being registered (two bills of sale in the glove compartment) before being sold to me. The only thing I had to do was smog it (usually the seller's responsibility) and pay the normal fees.
Not having a title at all is where you start to run into problems.....although it's still possible, registration is much harder.Leave a comment:
-
I don't know about California but in Minnesota title jumping is illegal. But I've done it anyway.Leave a comment:
-
I have done this in NV 2 or 3 times and had no problems. its easy enoughI did this once with an e30 mainly because the head gasket blew and didn't have money to register it. I never signed the paper as the buyer and sold it within 3 weeks I didn't hAve aproblem. I don't know if it's illegal or not. I did let the new buyer know and I made a written receipt that informed him he was aware I never registered the car and that he was aware of any risk if any. He didn't have a problem registering it.
I had a buddy sign the title as a buyer and then get a bill of sale to a new buyer, never registered the car (your same situation) and the NV DMV gave the new owner a lot of crap, it was a huge headache.Leave a comment:
-
Thanks guys for all the constructive comments, it seems like there shouldn't be a problem with my plan.Leave a comment:
-
Just sign the title and then fill out a bill of sale from you to the new buyer, all you need is a paper trail and the DMV is happy.Leave a comment:
-
i bought my e30 from a guy who never got the title transferred to his name when he bought it, he purchased it, never registered or drove it (much), and sold it to me. the title had been signed by the po (prior to the gentleman i bought if from), i had no issues getting the car titled & registered.Leave a comment:
-
Yes, you can resell without registering, there should be a second line on the DMV title for the next seller/owner transaction to be signed for.Leave a comment:
-
I doubt it has changed much but I used to do this ALL the time. As long as the title has a legit sig of release and you give the next person a bill of sale you shouldn't have any issues. You can also write the current mileage on the bill of sale.Leave a comment:
-
I don't see why it would matter to him once he got his money and is not liable anymore. I'm more concerned about the buyer and the law.
Thanks, that's what I'll do if there is no other problem with the whole deal.I did this once with an e30 mainly because the head gasket blew and didn't have money to register it. I never signed the paper as the buyer and sold it within 3 weeks I didn't hAve aproblem. I don't know if it's illegal or not. I did let the new buyer know and I made a written receipt that informed him he was aware I never registered the car and that he was aware of any risk if any. He didn't have a problem registering it.
I don't want to lie to the buyer, I just want to save money for all of us.
As of now I'm not even sure if I'll make any profit off of the whole thing, but I couldn't let the car go to waste after I saw it on Craigslist. It really is in good condition, other than that stupid engine.
I might even keep it, I'm not sure, however I don't need two cars. And actually I have a friend who is in need of one, but he is trying to get rid of his E30 right now that's causing him a lot of trouble lately, so I'm not completely sure that he wants to buy another old BMW now:)
I'm just exploring my possibilities here.Leave a comment:
-
maybe just check with the guy you bought it from to see if it is ok with him?Leave a comment:
-
I did this once with an e30 mainly because the head gasket blew and didn't have money to register it. I never signed the paper as the buyer and sold it within 3 weeks I didn't hAve aproblem. I don't know if it's illegal or not. I did let the new buyer know and I made a written receipt that informed him he was aware I never registered the car and that he was aware of any risk if any. He didn't have a problem registering it.Leave a comment:

Leave a comment: