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Thread: (UN) Official Tips On How To Sell Your Car Thread: The Transaction Process

  1. #10
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    Originally posted by chu77
    1) What, where, how do you get a Certified cheque ? What does it look like?
    Did I not say this in the last post... .

    You can get a certified cheque at the bank, just go to the teller and tell them you want a certified cheque for X amount. It looks different from bank to bank, but will be about double the size of a conventional cheque.

  2. #11
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    Originally posted by stevemo600


    6.) As far as I know, you're able to drive the car home with a bill of sale. Once it's home, you can order insurance on the vehicle and you must have insurance before you can register and get a plate.

    I don't think so. You must present your insurance company with the bill of sale and they will then insure you on the car. When I bought my Talon in 03, I had insurance and my own plate when I went down to pick it up.

  3. #12
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    Originally posted by 95EagleAWD
    I don't think so. You must present your insurance company with the bill of sale and they will then insure you on the car. When I bought my Talon in 03, I had insurance and my own plate when I went down to pick it up.
    I am quite sure you need a bill of sale in order to get registration. Unless you filled out the bill of sale before hand, I'm not sure how you could do that.

    Anybody else confirm this? I don't know the exact process actually. When I purchased my car, the owner was nice enough to let me use the plate and then I returned it the next day.

  4. #13
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    I think its:

    bill of sale --> insurance --> registration--> plate

    Thats how I got my accord from my mom.
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  5. #14
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    1)If I'm selling to a guy in C-town should I ask for a $100 non-refundable deposit before I drive the car down there?

    2) Do writeoffs appear on carfax? Please explain: carfax.

    3) If I would to buy a car in C-town, should I drive it back to edmonton with ONLY the bill of sale OR buy a one day insurance Or even get it towed back.

    lol, I feel like a teacher asking questions on an exam.

    Thanks guys
    -Henry
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  6. #15
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    Also, if the buyer want to pay by a personal check, if I cash it in right then and there, will the money stay in my account?

    As long as it's not post dated right?
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  7. #16
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    so when a car is sold the seller takes off the plates? then the new owner has to get insurance and with proof of ownership can go to the DMV to get registered and get a plate?
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  8. #17
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    Originally posted by []D[][]V[][]D
    so when a car is sold the seller takes off the plates? then the new owner has to get insurance and with proof of ownership can go to the DMV to get registered and get a plate?
    Yup.
    Ruf Boxster with 911 engine project coming up!
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  9. #18
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    Originally posted by chu77
    Also, if the buyer want to pay by a personal check, if I cash it in right then and there, will the money stay in my account?

    As long as it's not post dated right?
    Not really, if they write a personal cheque in your name and you goto the bank right there and then, cash it. Then deopsit the money back into your account. You can STILL LOOSE the money. That person can go home like everything is cool and cancel the cheque the next day, and you are out the money.

    This is why banks put 2 week holds on cheques when you deposit them.

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