Sold the car guys, anything I should know dealing with an out of state sale?
Thread Starter
AudiWorld Super User
Joined: Sep 2002
Posts: 2,961
Likes: 0
Sold the car guys, anything I should know dealing with an out of state sale?
guy will fly up next week, I already have my lein release on its was along with my title. I am getting a bank check for the car but is there any other way I can protect myself? TIA
AudiWorld Super User
Joined: Jul 2000
Posts: 12,909
Likes: 0
Big bucks would scare me on a check. Photocopy his Driv Lic and insurance card.
Do you have a receipt typed up? Put as is in there. Both people should sign this. Its your and his agreement on paper. Luckily that is the nice thing about doing business within the US, you can file in your local state and they have to appear. The major problem with bank and certified checks is with people overseas, they look like US banks. You are basically screwed.
AudiWorld Super User
Joined: Oct 2003
Posts: 18,424
Likes: 3
Con grads Paolo... BTDT on both sides a few times....
A few things to do.
1. Keep your insurance on the car until he gets home...You can't cancel yours until you turn in the plates anyway.
3. He should come with a plates from one of his own cars to drive home or a temp plate.
4. Or the best solution is if you are doing this during the week then he can get a temp/transport plate from NY DMV.
5. You want wired funds the day before or the day of the transaction. Or a true bank/cashier's check. Some loan companies like E-loan use a regular check that is not guaranteed like a bank cashire's check and they take day's to clear.
If the buyer is going back on your plates..
Have the buyer list you as an "ADDITIONALLY INSURED" on his policy and give you the print out that shows this.
This is the best protection you can get.
Good luck
1. Keep your insurance on the car until he gets home...You can't cancel yours until you turn in the plates anyway.
3. He should come with a plates from one of his own cars to drive home or a temp plate.
4. Or the best solution is if you are doing this during the week then he can get a temp/transport plate from NY DMV.
5. You want wired funds the day before or the day of the transaction. Or a true bank/cashier's check. Some loan companies like E-loan use a regular check that is not guaranteed like a bank cashire's check and they take day's to clear.
If the buyer is going back on your plates..
Have the buyer list you as an "ADDITIONALLY INSURED" on his policy and give you the print out that shows this.
This is the best protection you can get.
Good luck
Trending Topics
Thread Starter
AudiWorld Super User
Joined: Sep 2002
Posts: 2,961
Likes: 0
thanks for all the great info....
I do plan on taking this guy to the bank with me to cash the check. As for DMV he is going to get intransit plates from dmv here in ny. As for the sale price I had several good offers and this was very fair. Next Wed or Thurs is the big day and next fri I should get my suv. Lets hope I am making the right choice
AudiWorld Stories
Bringing Audi to Life for Audi Fans
10 Strangest Audi Designs That Actually Made Production
Joe Kucinski
2027 Audi Q7 and SQ7: Audi Upgraded EVERYTHING!
Michael S. Palmer
Audi Unveils Absurdly Cool New Supercar: 10 Things You Need to Know!
Verdad Gallardo
The Highs & Lows of Every Audi C-Class Generation
Joe Kucinski
Top 10 Most Expensive Audis Ever Sold on Bring-A-Trailer
Brett Foote
10 Audi Features & Options We Miss the Most!
Joe Kucinski
Audi Recreates Crazy-Looking Speed Record Breaker From 1935
Verdad Gallardo
Coachbuilder Recreates the 1995 Audi TTS Concept
Verdad Gallardo
Every Audi V10 Car Ranked!
Joe Kucinski
AudiWorld Super User
Joined: Oct 2001
Posts: 7,582
Likes: 0
From: Long Island, NY
You can ride shotgun in my car at the next COI if I don't have a co-pilot again.....
I might still have the S4 or a RS 4 or a C4S. Anyway you look at it there will a 4 and an S somewhere in the name of it ;-)