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General Moto | Off-Topic Posts
Selling a truck tomorrow - need advise/tips!
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[QUOTE="mrmodine, post: 656169, member: 31824"] Nikki: You've got some great advice here...take it: - Meet somewhere public...away from your home. If they buy the truck, they will get your address anyway but at least they don't have it otherwise. - Two copies of the bill of sale (You will need a copy for you when you buy a new vehicle or you will have to pay taxes on the whole purchase price...keep a copy and you can pay taxes on the difference just like a tradein. - Cover your bases in the bill of sale verbage. I have found some really good bill of sale examples on the web just by searching at google for "Bill of Sale Example" But always, be sure to make note of no warranty either stated or implied. - Cash deposit and deliver the truck the next day...AT HIS BANK is the best place. Its unfortunate, but people really can get counterfeit cashiers checks or have a stop payment put on them. This is rare but it can happen. If you absolutely cannot do it at his bank...then at least verify funds on the check with the bank's manager. - When you type the bill of sale, leave a spot to write in for the actual odometer reading and exact time of day when the transfer occurs. In some states, you could have liability if they get in a wreck or if they get some parking tickets or something. Along the same lines, cancel your insurance policy as close as you can to the actual sale time. Some insurance agents will do it for you but some will hold the policy in affect until midnight. - Test drive: Only let the actual buyer drive the truck and not by themselves. Go with them. If there is a group of people, insist that you (And Red or a friend) go only with the buyer. Also, ask for proof of insurance before letting them drive or make sure your insurance covers any driver. Of course, make sure they are licensed too. Your truck is high dollar...all these things will just give you some serious CYA. You can't be too cautious with an expensive vehicle. Good Luck! [/QUOTE]
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MX, SX & Off-Road Discussions
General Moto | Off-Topic Posts
Selling a truck tomorrow - need advise/tips!
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