What Documents Are Required to Sell a Used Car?
What Documents Are Required to Sell a Used Car?
Posted on April 2, 2023
Essential Documents Required for Selling a Used Car
If youโre looking to upgrade your car, then youโre definitely looking to get the best value from the trade. Therefore, you might have started fixing small defaults, detailing, cleaning and polishing to take the best-quality pictures.ย
However, you must also know what documents are required to sell a car to prepare your listing. These documents smoothen the sale process and help add value to your used auto.
Documents Necessary to Sell a Used Car
Used car documents may vary between provinces and states. However, they serve the same purpose: to protect your and the buyerโs rights and keep everything on record.
Therefore, after fixing your vehicle and writing the best description on the listing, make sure you tick every item on the following used car document checklist.
Car Title
One of the most important used car documents is the car title, which entails legal proof of owning the car. Selling a vehicle without a car title is illegal, and it can get you in trouble, especially if youโre privately selling to avoid this document.
If youโve lost the title document, you must check the provincial service center in your area to get a new car title. Getting a new title can be troublesome, but it is definitely worth it to increase the value of your vehicle.
Bill of Sale
Some states require the bill of sale to process your transaction. This document entails all transaction information of your vehicle, including the purchase price and date of transaction.
It might seem similar to the vehicleโs title. However, it indicates when you purchased the automobile and that youโre the current owner.
Your local Department of Motor Vehicle (DMV) may have different formats. However, the bill of sale must always indicate the following information:
- Vehicle identification number
- The vehicleโs make, model, colour, year, and fuel type)
- The purchase price, including any tax applicable, such as HST or GST.
- The current ownerโs information, such as name, address, and signature of the current owner or the lessor.
- The buyerโs name and address.
- The transaction date.
Safety Standards Certificate
Some states require a safety standard certificate in your used car documents, proving that your automobile meets the minimum safety criteria. Depending on your provincial law, you may be asked to present this proof before putting any license plate on your vehicle.
You can obtain this paperwork after passing a vehicle inspection at any registered inspection center in your area.
Used Vehicle Information Package (UVIP)
In some provinces, the UVIP document is legally required to sell your used automobile. Itโs a package of information that the seller can purchase and provide to the buyer.
This document may look similar to the bill of sale. However, some states consider the bill of sale part of the UVIP. A typical UVIP includes the vehicle details, registration history, lien information,ย average wholesale value, and bill of sale.
Final thoughts
The next time you plan to sell your pre-owned auto, make sure you prepare the above-mentioned used car document checklist. Besides fixing defaults and polishing your automobile, this paperwork can increase your vehicleโs value. To sell your vehicle in ottawa get free estimate your you car with us.