How to sell a car, what paperwork is required?
In this video we will show you the proper paperwork required to sell and transfer a title. #coombsauto #sellyourcar #paperwork Don’t forget to subscribe!!
All the documents is here in the description section down below.
This information was provided by the Texas Department of Motor Vehicle.
Vehicles are required to be titled in the buyer’s name within 30 days from the date of sale. Failing to properly transfer a vehicle into the buyer's name could result in the seller being held responsible for tickets, toll violations or even crimes committed with the vehicle. To ensure this doesn't happen to you, accompany the buyer to your county tax office to ensure a vehicle title application is filed. A dealer is not required to title in the dealership’s name if you sell or trade-in your vehicle to a licensed motor vehicle dealer. The vehicle stays in your name until it is sold to an individual, which may take months or in some cases, years. To protect yourself, file a Vehicle Transfer Notification. Texas Motor Vehicle Transfer Notification (VTR-346) https://www.txdmv.gov/sites/default/f... When a vehicle transfer notification is received, TxDMV updates the motor vehicle record to show the vehicle as sold. When you file the notification within 30 days from the date of sale, you cannot be held responsible for parking tickets and toll violations that have been committed by the person who purchased the vehicle. If you submit a Vehicle Transfer Notification and are still receiving parking tickets and/or tolls, you may contact the department for a confirmation email or submit a Request for Texas Motor Vehicle Information (Form VTR-275), that shows the month and year the vehicle was transferred. Provide the buyer with the following: * A properly signed title, including the date of sale and odometer reading * Signed Application for Texas Title and/or Registration (Form 130-U) with the sales price clearly shown. https://www.txdmv.gov/sites/default/f.... A seller should keep detailed written records of any transaction, including contact information for the buyer, the date of sale and information on the vehicle, including the Vehicle Identification Number (VIN). The seller has the option to remove their license plates and registration sticker from the vehicle. There are three options for removed license plates: * The seller may transfer their license plates to a vehicle to be purchased, if the vehicle classification is the same. * The seller may keep their license plates for future transfer to another vehicle, but the registration sticker is not transferred. * If the seller does not transfer or keep their license plates, the license plates must be disposed of by defacing the front of the plates, either with permanent black ink or another method in order to prevent fraudulent use. DISCLAIMER: This video is purely educational and does not constitute legal advice. The content of this video is my personal opinion. Use of this information is at your own risk. Coombsauto will not assume any liability for any direct or indirect losses or damages that may result from the use of this information contained in this video.
