oldyeller

I'm selling my 2001 Yellow S2000. Does anyone have any advice on what newspapers, websites, etc. to use?

Also, I believe the seller must also pay sales tax. Are there any other taxes, fees, etc. I should be aware of?

Thanks for any help - I'm going to miss it when its gone.

oldyeller

Oh, and any idea what a good price is these days? Kelly Blue Book says $27,740.

kster

The buyer pays sales tax directly to DMV, you just need to collect the asking amount. But most sellers do provide a smog certificate since the buyer needs this when registering the car.

When I was selling mine, the dealer offered $24K but I ended up selling it for $27K.

foolio

Try listing it on autotrader.com. I bought mine from a listing there.

And edmunds.com has more realistic prices.

scottrnelson

When you sell the car, you just have to sign the title over to the new owner, note the mileage on it, and collect your money. I believe the seller is responsible for furnishing a smog certificate dated up to three months before the sale. You are supposed to fill out the form that comes attached to your title listing the new owner's name and address as well as selling price and send it to the DMV. I've sold cars without sending that in, but it's good insurance in case the buyer doesn't bother to reregister, then commits a crime with it or something (150 mph in a 35 zone...)

Other than paying for the smog test, you, the seller, have no other expenses (other than advertising the car, of course).

hirev

write out a simple bill of sale, with vin, id of buyer, price and date and time. give seller a copy so he can take to dmv for tax base and proof of sale, include the words :"purchased as is at -----miles". Once transaction is over report sale to dmv via their form asap. Supply buyer with recent smog and clear title proof(certificate of title that is uncluttered with bank loan or other owners) and any other stuff you want to give them. Accept only a cashiers check or cash.

scottrnelson

Oh, yeah, I forgot the bill of sale. It's not required, but it can make a big difference if any other problems show up. You can get them from the DMV office and just fill in the blanks, which I find simpler than writing up a whole bill of sale by hand. (I find it simpler because I live less than a mile from the DMV office. )

I bought a dirtbike once and didn't bother with the bill of sale. I later found out that the guy who sold me the bike wasn't the one named in the title and one date in the sale section had been altered, so the DMV didn't want to take it. It took me several months to get the paperwork straightened out with the former owner, since he lived 160 miles away. If I had taken an extra five minutes to get a bill of sale, that would have been sufficient for the DMV.