I just passed my driving test a month ago and bought my auto insurance. My friend is selling his car to me, which is in good condition, for $2500. Since i am a new driver, I am not really educated in the process of purchasing a used car. And since, my father is on vacation he is not able to help me with this at the moment. However, I%26#039;m looking to do this on my own. I like to hear some suggestions on what exactly I%26#039;m supposed to do.
For example, changing car plates and car insurance. Thanks it would greatly appreciated.|||The very first thing you should do is not buy a used car from a friend. However if you insist on going forward, take it to a mechanic and have it inspected, it%26#039;ll cost you about a hundred bucks, and could save your friendship.|||you need to be 18 to purchase a car|||Make sure you sign the title on the correct lines. I have made the mistake of signing in the lienholder area.. That will cause you a headache, because your buddy will need to get a new title for the car before you can transfer it.
Once you have the title, you need to goto the DMV and show the title, your drivers license, and proof of insurance. You may need to know your social security number.
You will pay your registration fee and the sales tax on the amount specified on the title for the sale. If your buddy lies and puts that he sold you the car for $200, the state may blue book the car and tax you on its true value, or you will need an afa davit from the seller confirming the cheap price.
Congrats on your first car.|||It%26#039;s been a while since I have purchased a vehicle, but I have sold some recently, so it might be a little helpful.
You just fill out the title or change of ownership form, and the release of liability form. Then you turn that stuff into the dmv. I think you have like 10 days to do it, and get insurance on the vehicle.
It would be easiest if you and your friend just went down to the dmv yourself and filled out whatever forms you need, but he should have the forms already with his title. It just helps to make sure that it is all done correctly, otherwise it might take more than one trip to the dmv.
Then just call your insurance company to change the insurance over, they will tell you if you need to do anything more.|||Have it checked out by a (family? someone you trust) mechanic to find out what repairs you may expect shortly. ~
Go to the DMV (make sure you have insurance first, as that is required before they license it) and they%26#039;ll tell you exactly what to do.|||It depends on what state you live in,if you go on line to the Department of Motor Vehicles in your state they will have forms you can print out. The bill of sale may need to be notarized, real estate,or insurance office can do this for you.Make sure if the car needs an inspection sticker,that the seller has that done.Try to get a 30 day limited warranty,for major leaks,or trans failure.This is a Grey area since your a new driver and what if you break the car and want your money back,you end up on Judge Judy.Friends selling cars hardly ever turns out good.So its a good idea to spell out buyer and seller responsibility,and you should both go for a long ride together,when car is cold,and warm.It will drive differently at those temps.Look at the engine compartment see if paint is different color,also trunk and door jams. You will be driving different so the brakes may ware faster,oil may get consumed faster.Keep a close eye on the car for the first month,like check oil,and trans fluid,until you know the nature of the beast. Good Luck
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