Trading cars?
06-23-2006, 08:23 PM
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Trading cars?
Can anyone tell me the step by step process of trading cars? Both cars are paid off, both titled, both registered in virginia. And how long would this process take? I would appreciate any helpful responses.
06-23-2006, 08:25 PM
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Re: Trading cars?
My friend traded 2 of his cars. all you do is sign the title and put the price that the car is worth on the title and turn it into DMV. atleast thats what my friend did.
06-23-2006, 08:29 PM
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Re: Trading cars?
Originally Posted by Spike101
My friend traded 2 of his cars. all you do is sign the title and put the price that the car is worth on the title and turn it into DMV. atleast thats what my friend did.
06-24-2006, 04:40 AM
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Re: Trading cars?
You get both parties together that want to trade vehicles.
Then you sign the titles over and trade keys.
Then, unless you drive like an a$$ and fear getting a ticket when you get pulled over, you need to go directly to DMV.
I think there is something like a 10 day grace period that you will not have to pay a penalty to the glorious Commonwealth for waiting to title the car. Not absolutely sure on that though.
I know for a FACT that I have went over 6 months before I titled a car that I bought/traded for and I did not have to pay a penalty.
When you put a price on the title, put something like $300 so they don't charge you out the wazoo for taxes.
Then you sign the titles over and trade keys.
Then, unless you drive like an a$$ and fear getting a ticket when you get pulled over, you need to go directly to DMV.
I think there is something like a 10 day grace period that you will not have to pay a penalty to the glorious Commonwealth for waiting to title the car. Not absolutely sure on that though.
I know for a FACT that I have went over 6 months before I titled a car that I bought/traded for and I did not have to pay a penalty.
When you put a price on the title, put something like $300 so they don't charge you out the wazoo for taxes.
06-24-2006, 05:43 AM
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Re: Trading cars?
Originally Posted by Metrodude
I know for a FACT that I have went over 6 months before I titled a car that I bought/traded for and I did not have to pay a penalty.
When you put a price on the title, put something like $300 so they don't charge you out the wazoo for taxes.
When you put a price on the title, put something like $300 so they don't charge you out the wazoo for taxes.
i have one now because of that shit! Don't fuck over the person you are getting something from.
to cover your own ass make a bill of sale so you can prove the date that you sold the car and DON'T cancel the insurance until you have signed over the title.
be careful people on here are dicks (sometimes) and don't give a shit about you and your well being.