Your credit score: your zip code: paperwork required to buy a car in kentucky when you buy a car in kentucky, the seller must provide certain paperwork, including the vehicle title. You will need the title and other documents in order to register your vehicle with the kentucky transportation cabinet ktc. Read below for more information about the paperwork you need when you buy a car in kentucky. When you purchase a used car, whether it is from a dealer or private seller, one of the first forms you will need to receive is the vehicle title. To transfer the title to your name, both you and the seller will need to fill out information on the title itself or on an accompanying form. See ky title and registration transfer below for more information. It is not required for title transfer or vehicle registration, but it is an important document for both you and the seller to have in case any misunderstandings or disputes arise.

You and the seller need to go in person together to a kentucky county clerk office with: transfer fee: $17. If the registration is expired or needs to be renewed, you will also need to pay a $21 renewal fee. A vehicle history report is an important asset for anyone looking to purchase a used car. Stored in a database is every vehicle’s vehicle identification number vin along with vital information about the vehicle, including: odometer readings. With a vehicle history report, you can guard against odometer fraud or other deceitful information about a vehicle’s history. It is against the law to change or tamper with the odometer of a vehicle, also called odometer rollback, but some sellers still try to do this to make a used car more attractive to buyers.

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Read the odometer rollback advice and information provided by the kentucky office of the attorney general to learn more about the warning signs. If you suspect odometer tampering or other forms of fraud, you can contact the office of consumer protection: note: kentucky has a lemon law. Whether you've just sold your used car or bought a used car, you need to make sure to file all the paperwork and close the deal properly. While the laws governing the sale of motor vehicles vary from state to state, the general outline of the deal is similar.

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For the specific steps, make sure you check with the department of motor vehicles dmv in your state. As a seller, you will need to make sure you receive the proper payment for your car and limit your liability in case the new owner crashes the car right after driving away in it. Below, we take a look at the sales transaction from both sides: the seller and the buyer. As a buyer, you will have to prove you are the new legal owner of the car in order to register it. In most cases, this means you will have to get the title often called the pink slip from the seller or possibly a bill of sale. With title in hand, go to your state's motor vehicle registry, where you may be required to pay sales tax before you receive the new registration, title and in some states new license plates. when you sell your car getting payment cold, hard cash is the easiest way to collect payment for a used car.

When cars are sold for amounts above about $2,0, a cashier's check is recommended. When cars are being sold remotely, an escrow service can be used to facilitate the transaction. The escrow service essentially verifies that the funds are paid and transfers them from the buyer to the seller. It's unwise to accept promise of future payment from a buyer even if it is someone you know. You are well within your rights to refuse to float loan payments and in most cases, the buyer will understand and quietly back down. limiting your liability what if someone drives away in the car you just sold and gets into an accident? can you be held responsible? there are two ways to deal with this concern. Second: in most states, a release of liability form can be downloaded from the registry of motor vehicles website.

For links to the different registry sites, see what fees should you pay? managing complications what if the buyer calls the next day and says he doesn't like the car and wants you to take it back? or what if the buyer claims that you didn't reveal something about the car or that he's discovered a mechanical problem? both buyer and seller should keep in mind that most states assume a used car is being sold as is. If you are a buyer, it's imperative that you thoroughly inspect the car before purchase. car seller's checklist when you buy a used car if you buy a used car from a dealership, the dealer will handle all the paperwork and register the car for you.

While there are many small steps to closing a used car sale, the big picture is this: you as the buyer need to obtain proof that you legally purchased the car and get a statement of what you paid for it. One way to deal with this situation is to conclude the sale at the bank that holds the title. Then, once money has changed hands and the bank has been paid the balance of the loan, the seller can sign the title over to you. I 39 ll be buying a used car from a private party in a couple weeks but i 39 m not sure what 39 s going to happen.