Buying and selling privately

Subject: Buying and selling privately 8/14/2013, 6:39 am

So what are the tips and tricks?

Once I bought out of state. They signed over the title and also had each of us sign some Idaho release thing. I thought that was pretty cool for the seller. Other than that it was up to me to hit the DMV within 15 days.

Also bought a car in state and they insisted on going to my bank since i was taking out a loan and legally the bank would own the car. A little odd but I totally see their point.

Anyway. Guy from Canada wants to look at my bike (i think it may be a scam) and want to have my bases covered.

Subject: Re: Buying and selling privately 8/14/2013, 6:51 am

Just sold a bike to a guy from Canada. Tell them to bring US cash, their banks won't have that much on hand short notice more than likely....so I told him to bring Canadian cash and stop at a bank on the way down to swap it to US cash. Worked great :-)

I wouldn't take a check...bank draft or not.

Hodakaguy

Subject: Re: Buying and selling privately 8/14/2013, 7:38 am

Cool. So I guess after money I really only need to sign over the title and fill out a Vehicle Report of Sale. Can give him a paper one and the other just fill out online.
*Really that's all i need to do with any in/out of state sale? Pretty easy I guess.

Subject: Re: Buying and selling privately 8/14/2013, 11:36 am

Yep it's that easy, get the money...sign off the title and odometer statement on the title....fill out your report of sale and that's it :-).

You picking up another bike?

Hodakaguy

Inspector wrote:: Cool. So I guess after money I really only need to sign over the title and fill out a Vehicle Report of Sale. Can give him a paper one and the other just fill out online.
*Really that's all i need to do with any in/out of state sale? Pretty easy I guess.

Posts : 167 Join date : 2009-01-17

Many buyers will also ask for a bill of sale, which can simply be hand written and signed. Some ask that a lower price be put on the bill of sale so they can reduce their sales tax when registering.

Subject: Re: Buying and selling privately 8/14/2013, 3:39 pm

Yeah dhally...i've done that before big

*doesn't always work cause they go by BBK.

Hodakaguy...I'll pick something up eventually. Goal is to sell the YZ next year. Really want to pick up a light mid-sized 4stroke with plate for my "Do-All" bike. Or someone may sell me on a 300 2stroke and may not pick up a DS at all. Don't know yet
All i do know is the WR sits there and maybe gets 2rides a year now.

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