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Selling your car privately will generally get you more money than choosing to sell it to a dealership. Dealers handle all the hard parts of the transaction while making it fast and easy to get ...
When a driver purchases a used car from a private seller, there are several important documents that may be required in order to complete the sale: Title: The title is a document that states who ...
Registration is handled by the California Department of Motor Vehicles (DMV). It is the responsibility of the automobile dealerships to register new and used vehicles sold by their dealership. Dealerships employ registration specialists to accumulate and complete the paperwork necessary to title and register the vehicle.
This option, but not the obligation, to acquire the car after a period equivalent to a contract hire is therefore packaged as either an option (in law) to purchase the car (a call option) at a 'set' price, or a right to sell the car (a 'put' option) at a set price after ownership is fully achieved from the final ‘balloon’ payment.
In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
Selling to a dealership can be a very convenient option, but you shouldn't expect top dollar—a car dealer will understandably want to turn a profit when they resell your car, and so will want to ...
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