Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Questions About Private Sale Transactions

I have a question about my car and hope you might be able to help me. I'm going to sell my car very soon. My concern is the airbag system is not working and i don't have time to fix it but the seat restraints work fine. I'm just worried if the person i sold the car too might get into an accident and then maybe i could be liable because it wasn't working. I will be selling the car As-Is but not quite sure if that will be keep me from liability should anything happen after purchase of car. Could you tell me if there could be any problem and what can i do to protect myself from a lawsuit or who to contact about this matter. Thankyou.
«13456711

Comments

  • akirbyakirby Posts: 7,747
    Simple - either write on the receipt clearly that the airbag system isn't working and have the buyer sign it or have them sign a separate form acknowledging that the airbag isn't working. I would also attach a sign to the steering wheel saying the airbag isn't working and take a picture of it. As long as you can prove they were notified that it wasn't working at the time of purchase you should be covered.

    (disclaimer - I'm not a lawyer but I do watch Judge Judy twice a day)
  • tayl0rdtayl0rd Posts: 1,938
    How do you know the airbag isn't working? The dash light? If that's the case, the buyer can see the light just as well as you can. I'm sure he/she saw it on the test drive. If he/she still decided to buy it knowing the airbag wasn't working, then it's on him/her.
  • mschmalmschmal Posts: 1,757
    Akirby, where is your license to practice law?

    You just gave legal advice and only assume it to be true.

    Hope you don't get fined.

    Mark.
  • akirbyakirby Posts: 7,747
    Didn't you read my disclaimer?
  • Yeah is was going to have them sign an agreement acknowledging that the airbag system is not working properly. Do you know what lawyer i should discuss this with just to make sure it will cover me? I will be selling car As-Is in the advertisement. Thanks.
  • I believe that any car sold must have a proper working air-bag. The dealership I work at we were in the same situation with an aftermarket steering wheel... The car cannot be sold without one. I'm not totally sure if that is just a law for dealerships to abide by, but I think that it would apply to everyone--despite a disclaimer. Hope that helps a little. Good luck!
  • Thanks. I guess I am nervous about how to sell a car privately. How do you coordinate payment, and I would need to buy a new car, before I could let go of the one I drive. I know it sounds dumb, but how does all of this work?

    Thanks!
  • jipsterjipster Posts: 5,345
    Usually I'll ask for a certified check(or cash) from the buyer and then sign over the title and buyer/seller purchasers form if notarized. Or, make it simple and meet the buyer at the County Clerks office to transfer title. Make sure you receive payment in full before signing over your title though.

    I would be ready with an attractive ad to the local newspaper and Bargain Mart the day you buy your new car. On a nice Prism such as yours, it should sell within a couple weeks if priced accordingly. I believe most insurers will extend coverage for a month on your old car at no charge, after buying and putting coverage on your new car. Good luck!
  • cccompsoncccompson Posts: 2,388
    Not to be flip but you simply coordinate things as best you can. My son recently went through this. Because of schedules, he ended up selling his old car on Wednesday and was without wheels until he picked up the replacement on Saturday.

    As I understand your situation, you need to sell before you buy. Given your Prism ownership, you could make a deal on a new ride, put your Prism in the local paper or on craigslist, and then get the new one. Price your car aggressively and it will sell quickly. Don't and might sit on it.

    My son used craigslist and sold his car in a bit over 2 hours. Granted, it was a popular model for cheap but, still, I was astonished at the results the ad produced.

    There is LOTS of fake checks floating around and I would not now accept one from a buyer unless the deal was concluded at the issuing bank where I could verify it immediately.
  • Hello, I am very much lost and can't decide on which Intro. Luxury car I want to purchase. However, I do know what I am looking for and below is my list:

    1) GPS
    2) Mobile Link
    3) Entertainment system to watch DVD
    4) Audio unit should be able to play MP3s
    5) Premium sound

    Once I get few names of cars then I can narrow down based on ranking, performance, TCO, etc. However, the above list is the something which I require if I am getting into Luxury car. My budget is about 25 - 35 k and I would prefer to shop for a 2006 model rather than 2007. I live in the Dallas area.

    Any advise would be appreciated.
  • Kirstie_HKirstie_H Posts: 10,918
    Hi rdhing,
    This probably isn't the best discussion for you to post in to get feedback. Try starting in our Entry-level Luxury Performance Sedans discussion first.

    MODERATOR
    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • Hi - I know this message comes late but I hope not too late for someone else to learn my lesson!

    I advertised my old car for sale, not realizing it would sell as quickly as it did. I ended up having to rent a car for a month and a half while my new car (a 5-speed CRV) was on order. If I had not had specific tastes in my new car I probably would have been in a better situation. I figured that the $500 a month it cost me to rent the car was about what I would have been paying during that time as car payments anyway.

    When I sold the old car, I had the people who came to look at it meet me at my workplace to test drive it, and all the paperwork for the sale was done there, so that I felt comfortable that I wouldn't be alone with them (I'm a woman) or in any kind of danger. I ended up having to deliver the car to them and having them drive me home, but by that time I was comfortable that the guy wasn't an axe murderer and had met their family and had check in hand!
  • jipsterjipster Posts: 5,345
    Agreed... those axe murderers can be a pain in the neck. :sick:
  • oldfarmer50oldfarmer50 Posts: 6,813
    ...those axe murderers can be a pain in the neck...

    I hear they are real grinders.

    Speaking of grinders. When I sold my old Toyoda pickup it was such a POS that I just wanted to be rid of it. I asked $200 (the tires were worth more than that). A guy comes, looks it over real good, then says..."will you take $175?"

    Another time I sold a car to a young kid who wanted me to leave my inspection and registration stickers AND my license plates on the car until he had enough money to get his own.

    2009 PT Cruiser, 2008 Eclipse, 1995 Mark VIII, 1988 GMC Van

  • bunchitobunchito Posts: 2
    Hello, My 80 year old mother needs to sell her beautiful 97 Chysler LHS. It has only 82K miles is loaded, has good car fax report I have seen some on-line ads for Big Lots, Auto hopper, cars.com etc. I don't know even these sites are trustworthy. Big lots called me after they saw my ad in the paper and they keep sending me paperwork to sell my car with them. My mom needs to sell her car and gets the most money and can't afford to get ripped off. Her car is in beautiful shape, has sun/moon roof lovely leather upholstery and wood grain interior etc. It's a very luxurious car and the gas mileage is pretty decent but I have not had good success with newspaper ads. Does anyone know how I might find folks who are looking for this type of car? Btw I live in NY (upstate /catskills area
    Thank you and many blessings,
  • tidestertidester Posts: 10,109
    While you're waiting for a reply here you should read this: How to sell your car.

    tidester, host
    SUVs and Smart Shopper
  • newdavidqnewdavidq Posts: 146
    I think one way is to post on an Edmunds forum about private party car sales and include all the details you would normally put in an ad and hope that some folks who are interested in selling their own car are also looking for a car like your 80 year old moms.
    Blessings to you as well.
  • Kirstie_HKirstie_H Posts: 10,918
    You can check out craigslist.org as well - I've had some success selling household items there.

    Another step is to see if you've priced it right for the market. You can visit our Real World Trade-In Values discussion, paying attention to the info requested. You'll see that right above the "post a message" box, in red lettering.

    MODERATOR
    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • bretsky1bretsky1 Posts: 3
    looking for a used camry, and just wondered if anyone has any tips on used dealers to recommend or avoid.
  • mspmattmspmatt Posts: 1
    My mother-in-law is selling her car to her daughter. The daugther has agreed to pay $3,000 for the car. She paid $1,000 downpayment and will pay $100/month for 20 months or until the car is paid off. Mother-in-law now lives in Minnesota, but the car and daughter are in Pennsylvania.

    My mother-in-law doesn't want to turn over the title until the car is paid off. But, she is willing to let the daughter drive the car, etc...

    Both have the same insurance company (USAA). USAA says that the daughter can have her own insurance coverage, but the Mother-in-law has to also carry some sort of insurance on the vehicle for approximately $100 for 6-months.

    The daughter wants to register the car in her own name, but doesn't have the title.

    Any advice on this entire transaction would be appreciated. I'm trying to protect my Mother-in-law's interests, as we don't trust the daughter. Holding on to the title is the only way to force the daughter to make good on the payments. At the same time, the Mother-in-law doesn't want any part of registering the car or insuring it.

    Should the daughter be able to register the vehicle? Why is USAA requiring my Mother-in-law to have this additional $100 policy when she is no longer driving the car?

    Thank you all in advance.

    Matt
  • tidestertidester Posts: 10,109
    I would have the daughter make payments on the car and pay insurance until the "loan" is paid off at which time mother would transfer title. The daughter can accept or decline the offer.

    The only problem here is that mother let the daughter remove the car from Minnesota in the first place.

    tidester, host
    SUVs and Smart Shopper
  • joel0622joel0622 Posts: 3,302
    The daughter can register the car in her name and show the Mom as the lien holder. That way daughter has the car but the title is sent to mom. Once Daughter pays off the car mom can sign on the title to release the lien.

    That way mom can drop the insurance and not have to pay that and release's her from any future responsibility because the car is no longer in her name, but still have full control over what the daughter does with the car till it is PIF.

    We do that all the time here when parents pay cash for a car for there kid who is going to pay them back. It also keeps the kid from going out and trying to trade it without the parents permission because they hold the title.
  • Kirstie_HKirstie_H Posts: 10,918
    Great idea! I didn't see a way to make it work.

    MODERATOR
    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • bunchitobunchito Posts: 2
    hello, folks. This is a great forum.

    I recently posted a message about my efforts to sell my 80 yr. old mother's beautiful 97 Chrysler LHS. I believe Kirstie, one of the hosts for this forum suggested that I try posting info. about this car, features, price etc. "on an Edmunds forum about private party car sales." When I tried to click on forums at the Edmunds web site, i was directed to Car Space which appears to be a service realted link from Edmunds. Now, I am confused because I was unable to find "priavate party car sales" when I tried searching for this category.

    I really need to sell her car to help pay for assisted living facility costs but her finances are very tight.

    Where and how can I post the details about this car being for sale?

    Thank you and many blessings
  • tidestertidester Posts: 10,109
    As for the name, this is edmunds.com and CarSpace.com is this part of edmunds.com - i.e., you're in the right place!

    If you scroll back (in this very topic!) to messages #18 and #20, you'll see what Kirstie and I recommended.

    Good luck!

    tidester, host
    SUVs and Smart Shopper
  • jwhit05jwhit05 Posts: 4
    I am selling my Hummer H2 and I have been speaking to a gentlemen over the phone, his wife also. Supposedly, she is in Canada and he is in Australia. He has told me he wants to buy it and import it to Australia. I googled the phone number she called with and it is at least a canadian area code. He wants to try and get the vehicle looked at before he says yes, but the red flag for me is that he wants to wire the money to me. We have talked about price and he is not trying to over pay and then get money back like some scams work, but it still makes me nervous. he has also stated that after the deal is complete, he would need me to hold the vehicle for a short period while he arranges a shipping company to pick it up.

    Does this sound like an obvious scam or just someone far away who really wants a H2? I checked the Hummer website and they do not have any dealers in Australia so that fits with him telling me that there are hardly any over there. All opinions welcome. By the way, he found the H2 on my autotrader ad.

    Thanks in advance.
  • tidestertidester Posts: 10,109
    I'm not going to give advice but I don't see what the problem would be if you have the cash in hand before shipping. Thoughts, anyone?

    tidester, host
    SUVs and Smart Shopper
  • Kirstie_HKirstie_H Posts: 10,918
    Well, if he wires the money (for the amount of purchase only), you can wait to release the vehicle til your bank declares the payment "cleared." However, if in order to wire the money to you he needs your bank details, I'd be wary. It might be totally legit, but with all of the scams going around, I hate giving any bank/personal details to complete strangers.

    MODERATOR
    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • jwhit05jwhit05 Posts: 4
    After talking to him more, I'm feeling better about it. He has already spoken to a local dealership and arranged an inspection which he is paying for. His going to that length makes me believe he is serious.

    Thanks for the help.
«13456711
Sign In or Register to comment.