Selling Your Car in California


It is simple to become intimidated by the procedure while preparing to sell your old automobile. Selling a secondhand automobile isn't as difficult as you would imagine, though, if you prepare properly. So, if you're prepared to sell your car, this tutorial will cover the fundamentals you need to know. You must make your decision regarding selling your automobile in California before you proceed. You have the option of selling or trading your car through a dealer or selling it on your own. Working with a dealership might make things easier, but you might not earn as much money as you would from a private sale. Follow these procedures if you decide to sell your car privately.

It's advisable to obtain all the necessary paperwork for the sale before you list your used automobile on the market. The following papers must be shown in order to transfer or change ownership of, a car in California. You must have the title to your automobile, which has been signed, in order to sell it. There are no extra procedures necessary if your title is valid and all of the information is true. Or, if you're taking out a car loan, the title can be in the lender's possession. To obtain the title in this situation, you must pay off your debt. As part of the deal, you may cooperate with the buyer to repay the debt. A Vehicle/Vessel Transfer and Reassignment Form, commonly known as a REG 262 form, may also be required if the title is insufficient or unavailable. This document serves as both your bill of sale and the necessary odometer disclosure. There isn't a printed version of this form available online because of security measures. You'll need to pick up the paperwork in person or submit a request for it to the DMV. It is important to receive this paperwork as soon as possible in order to prevent any delays within a transaction. Within five days of the transaction, the seller must also complete the Notice of Transfer and Release of Liability form, often known as REG 138. In order to sell the majority of automobiles in California, you must have a current smog certificate. You must go to a smog test station to accomplish this. Smog certificates are only good for 90 days, so keep that in mind. Getting your automobile checked up before listing it for sale is great practice. Although not necessary, a professional technician's examination might assist develop confidence with potential purchasers. You can determine the worth of your automobile by having it inspected. Before concluding the deal, a buyer may ask for their own pre-sale examination. Make sure the examination is performed by a respected company and bring your own inspection paperwork for comparison if the buyer persists in employing their own technician.

Following your examination, you will have a clear idea of the state of your car, which will make choosing an asking price for it simpler. When picking a price, you should also look up recent pricing online for similar makes and models. Websites like Carvana, Edmunds, Kelley Blue Book, and Carmax are useful sources. To aid in any future discussions, it is helpful to have a target price range in mind. You can complete the papers after you have a buyer. This includes agreeing on a final sale price and completing the Vehicle Transfer and Reassignment form with the buyer. You must submit a verified Title Holder Release (REG 166) with the lienholder's signature on it if there is still a lien on the vehicle. To formally complete the transaction, you and the purchaser must both submit all necessary documentation to the DMV. A change in ownership must be updated in the DMV's records within 10 days, so keep that in mind.