There are situations when you are bound to sell car for cash especially if it is in extremely bad condition. It becomes a liability for you, both in terms of cost of repair and maintenanceand never-ending nuisance for you and your neighbors. It is important to show the title of your car to the new owner before they agree to pay you the money. The buyer is interested in having a look at the title in order to ensure that the car actually belongs to you. The reason is that sometimes scammers try to fool the buyers by claiming ownership of the by showing them fake documents. After the deal is done, the buyer lands in trouble and has to face all the consequences. The other reason is that once the title has been transferred, the buyer becomes the legal owner of the car and has the right to perform any act whatsoever. In a situation, if you have misplaced or lost the title of your car, you can ask for your department of a motor vehicle to issue you a duplicate one. The process of filing for a lost title vary from region to region. The issuing of a duplicate one also depends on various factors. For example, in Missouri, the whole processes a lot clear and simple. All you need to is fill up a form and mail your payment. You will also need to send another notarized form. In case you don’t receive any response from DMV, you can track your application process online. In the case of New York, you will first have to find out whether the car was ever issued a title as very old cars only have a registration. In that case, you will need to fill out a form for getting a title issued. The situation in Oregon is more interesting as it has a provision of simultaneous selling and issuing of the title. However, the provision is valid only up to a certain odometer reading.
Things the junk car owner can do to sell it without title
In case you have lost the title, and you still want to sell junk car for cash, you will have to provide evidence of your ownership. There are many ways to do so
- Checking with your bank: You can ask your bank if they have a copy of your car title. The reason is when you take a car loan, the bank keeps a record of your car’s document as it still owns it until you pay all the pending instalments. If you are able to locate your title, you will have to understand the process of transferring it to the buyer.
- Getting a duplicate title issued: Another option is to apply to your department of a motor vehicle and ask them to issue you a duplicate title. You will have to do a bit of research regarding your state requirements as it may vary across the country.
- Providing registration along with a proper license: To sell car for cash, you will need to provide an alternative to your lost tile if you are not able to find it. In that case, you can provide extra documents which will help you prove your ownership. Some of the junk car buyers ask for valid registration and proper license as an alternative to the car’s title.
- Contact salvage yards: You can also ask salvage yards if you want to sell junk car and you have lost its title. These yards also ask you to provide alternative documents including registration and license. You will have to locate such yards ask them about the entire process. If they don’t agree to buy your car without its title, then start searching for another yard. Once you are able to find a yard which agrees, you can then start preparing for all the formalities to sell junk car for cash.
If you are interested to sell junk car for cash then there is no place better than sellthecars.com. It is a USA based company and being a nationwide firm it is able to pay most money for the cars of any make and model to its clients.