Selling your car to a private individual is not a transaction to be taken lightly. Indeed, there are a number of essential steps to follow. Next, you’ll need to find a buyer. Once the sale is finalized, all that’s left is to gather the required documents and complete the administrative procedures that will allow the buyer to apply for a new registration document.
Selling your car yourself requires following certain essential steps to ensure a successful transaction. Certain conditions relating to the seller or the vehicle must also be met to achieve this.
Please note : it is possible to sell a car without a registration document if it has been lost. All you need to do is present a certificate of loss.
If there are several joint owners , the signature of all the people mentioned on the registration document is required.In the event of a move, the registration certificate must be up to date with the seller’s address . The change of address must therefore have been made before the sale.
When the car is more than 4 years old and is not exempt from technical inspection , the seller must provide the new owner with proof of having passed a technical inspection . This inspection must be less than 6 months old (or less than 2 months old if there was a second inspection followed by a second inspection with a favorable opinion).
Preparing to sell your vehicle
The seller also has the option of using the expertise of a mechanic . This mechanic will determine a selling price based on the state of maintenance of the car and other criteria deemed important by the professional.
Furthermore, it is advisable to consult different advertising sites in order to adjust the sale price of your vehicle according to the prices displayed in advertisements for the same types of vehicles.
There are several types of ad media:
Classified ad websites : These sites offer the opportunity to present your car by posting photos from all angles. You must also specify the main characteristics (make, options, mileage, date of first registration , etc.). The advantage of these sites lies in the free service (for the most part) and the opportunity to communicate with interested parties.
Offer to a consignment store : This option offers a showcase for the vehicle and saves the seller from having to write an ad or arrange appointments with various potential buyers. However, in return, the consignment store receives a commission on the sale of the vehicle.
Use posters with useful information and the seller’s contact details to make it easier to get in touch. Posters can also include a brief description of the car, photos, and the selling price.
Ensure that the equipment is working properly.
Then, when there is a problem known to the seller, the latter must be transparent and therefore inform the buyer. This precaution makes it possible in particular to avoid the buyer having to resort to the legal guarantee linked to hidden defects.
How to register an SAS?
The seller may meet several potential buyers, or he may only meet one. In all cases, it is necessary to give the future buyer a test drive to ensure the reliability of the information shared with him regarding the condition of the vehicle.
In other words, these are the elements that will influence the buyer’s decision to purchase. Also, the buyer can initiate a negotiation on the sale price based on these elements .
Please note : when selling between individuals, it’s best for the seller to be present in the car during the test drive. Since some people may have bad intentions, this precaution helps prevent theft.
Payment
The goal when selling to an individual is to ensure that payment is made quickly and securely . This step is the most delicate part of the sale . However, a traditional check carries the risk that the account in question may not have enough funds .
Cash payment : When paying in cash, the transaction can be finalized between the parties at the seller’s bank branch or at any ATM.
What steps should be taken once the sale has been completed?
Please note : the seller must download and print two copies of the transfer certificate . The parties must complete and sign both copies, and each party must keep one copy.
