Dont know who to ask? I just sold my celica
#1
Lexus Champion
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So I just sold my celica on ebay, it fetched 11.6k not too high not too low. Anyways I am not sure what I need to do next. I assume they are going through a bank to get a loan to purchase the car. They said they are coming out of state to pick up the car this weekend or some time next week. Before I give her the deed to the car what should I do. I assume it would be benificial to wait to sell the car until during the week so I could go to the bank with her to verify the check is good and deposit it, then sign over the title? Do I need to get a temp tag for her? Do I need to go to the license tag place with her to sign it over. I have never sold a car before and I am hoping one of you guys might give me some insight.
#2
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Originally Posted by tonydt1g3r
So I just sold my celica on ebay, it fetched 11.6k not too high not too low. Anyways I am not sure what I need to do next. I assume they are going through a bank to get a loan to purchase the car. They said they are coming out of state to pick up the car this weekend or some time next week. Before I give her the deed to the car what should I do. I assume it would be benificial to wait to sell the car until during the week so I could go to the bank with her to verify the check is good and deposit it, then sign over the title? Do I need to get a temp tag for her? Do I need to go to the license tag place with her to sign it over. I have never sold a car before and I am hoping one of you guys might give me some insight.
Also for funding, accept cash or a cashiers check only. I never accept personal checks or bank checks. A cashiers check is guaranteed by the issuing bank and cannot be stopped. A bank check is just a check and can have a stop payment hold on it if the new owner wants to after he/she picks it up.
#3
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FYI a cashiers check can have the payment stopped for a good reason you are incorrect to assume that it is guarenteed. I sit on the board of a bank and can tell you first hand I have had to do it. So a bank check or cashiers check is basically the same.
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