How do you sell a car that is not in your own name?
You will have to get the named person or persons on the title to sign the title. Then you can sell the car as your own. It will be like you bought the car yourself from them, whether you actually paid them or not.You can also sell the car if you have a power of attorney from the owner(s) for that purpose. Also, if you are the executor of a deceased person’s will. The exact mechanisms of these two will vary by state, in the US.Caveat: If you have a title that has been signed by the owner, legally you are supposed to title that car in your name, paying the fees and taxes due to the state before you resell the car - IF you do not have a car dealer’s license. By skipping this step you are defrauding the state of their tax dollars. It’s called skip titling. It is done all the time, but it is actually illegal.If you are actually acting as the owner’s agent in selling the car, then you wouldn’t be skip titling. In that case, it would be best to simply have the final sale meeting with the owner(s) and the buyer(s) so the owner can sign the title over to the buyer. As a buyer, I won’t buy a car from someone whose name isn’t on the title, though there are many people who will.
How to fix written mistake on car title when selling?
Very common mistake. Go tot he website for your state's DMV and downloan an Erasure Affidavit. Fill it out completely. Under the 'explanation' state that you put the buyers name in the wrong space. Add the phrase "no fraud intended". Take the erasure affidavit to your bank, or a Kinkos - both usualy have a notary public on staff. Sign the form in the presence of the notary - do NOT sign it before you get there! Take the notarized affidavit, staple it to the title. On the title itself, put one, single line through the incorrect information. Do not scribble it out or use white-out - it makes the DMV think you have something to hide. Line through the incorrect information, then write teh correct information above. This is a normal process, the DMV sees it all the time.
Does your driver's license address have to match your vehicle registration address?
Does your driver's license address have to match your vehicle registration address?You are supposed to update your addresses on both your registrations and your driver’s license with the DMV when you move.In New Mexico, where I live, they do not issue new registrations or driver’s licenses for address changes, they just update them in the computer - or they are supposed to at least. When you get your next registration renewal and your next driver’s license, they will update the address on the forms. Check your DMV web site. There will be a form to fill out for address changes.This is why the officer will ask you for your current address at a traffic stop.
Renting or getting car dealer license In North Carolina?
There is a reason that they make it difficult to get a dealer's license and finding someone who will let you use their license is almost impossible. They would have to be liable for anything that you do and could risk losing their license. Usually you will have to complete a course taught by a licensed dealer who is approved to teach the license. In California it is a 1 day, 6 hour course. On that day you take an exam and if you pass you go to the local DMV and take a test there. If you pass then you can apply to have a retail location approved by the DMV and the local zoning board. Usually it needs a certain number of spots to park cars, a certain amount of total square feet, an office that is occupied and open a certain number of hours a week, has electricity, has a sign of a certain size that states the business name and license number and some other requirements. Usually only one license is allowed per approved address. Then you have to file a DBA with the state under the name that you will be doing business as and apply for a state sales tax number and business license. You will also need a commercial bank account. Once all of that is in place you will have to obtain a bond, usually for $50K or more and the bond company will do a background check and credit history and charge you according to your risk. (if your bond ever has a claim against it for even .25 cents, you will lose your license) Once you open you will have to use what you learned in the dealer school which is to do title transfers, pay the state taxes, etc. You will also need a dealer account with an agency like Carfax to get car history reports. You might need an ongoing relationship with a lender who can finance your venture and they will do a background check and credit history as well. It isn't easy nor should it be to get a dealer's license and my suggestion is that first you go work for a dealership and learn the ropes. To do that you will have to also get a DMV license that is sponsored by the dealership that you work for. If you get a job with a dealer, they will walk you through how to do that.
Does the DMV check for outstanding warrants?
It depends upon the DMV/BMV office and policies. In Nevada, some DMV offices have a Nevada Highway Patrol officer present in case of issues (Looking at you Galletti Way in Sparks); however most do not. The offices in remote areas do not; nor do they routinely check for warrants. However, having worked with homeless vets (some of whom had child support issues) whose driving records were flagged so that when they attempted to renew their license, a child support warrant came up. This made a difficult scenario even tougher because now the guy stood a chance of being arrested for renewing his license. Subjective opinion: If you have outstanding warrants, you may wish to clear them up before you attempt to transact business with or at the DMV/BMV in your state.
North Carolina auto purchase and insurance laws...??
My mother, who lives in Florida, wants to buy a new car for me before I start commuting for school again. The vehicle I have now isn't very reliable anymore, to put it nicely. My mother's credit is impecable. Her Beacon score is over an 800. My credit is extended and although not bad, not nearly good enough to get the same deal she can on APR. So, the dealer has suggested that she buy the car outright to take advantage of the low APR. Adding me to the loan will not benefit her, at all! Problem is, NC has a "Straw Purchase" law. Now Im not sure what the exact contents of the law are, but I know it means that one person is not supposed to buy a car for another. Also, there is a law in NC that the vehicle insured, has to be driven by AND registered to the same person. So, I cant insure a car that my mother bought for me. And in NC, a dealer can't sell you a car unless you have insurance! How do I get around this?? I have to get a new car and my mother is not moving to NC anytime soon!
How long can I wait before I register a used car I purchased from a private owner?
Before you do this, read here: http://www.dmv.ca.gov/vr/buyinfo.htm Remember that CA has the strictest of clean air law and you will need to pass inspections, especially with an out of state vehicle. To answer your main question though, how long you have, per the web page: The number of days you have to transfer ownership of a vehicle you purchased or sold. Buyer If you purchase or acquire a vehicle from a private party, you have 10 days from the date of sale to report to DMV the change of ownership. Transfer fees must be paid to DMV within 30 days of the purchase date, even if you do not have all of the required documents. Failure to pay your fees to DMV within 30 days will result in transfer and use tax penalties.