Selling a car for a friend

[Jabb]

Hey guys,

I'm selling a car for a friend who will be moving out of country. What do I need to do to make sure I'm going about this legally? Obviously, the car is in his name right now. Does he need to sign it over to me?

[colorfulpoet]

In order to get the car in your name from his you needed his permission. You are technically the owner of the car now.

[protonova]

You can sell the car without your name on the ownership, but it would be considered curbsiding. Essentially tax evasion. Lots of people do it, and the last two cars I sold (legit) didn't even ask for my identity.

I sold a car for a buddy who was also leaving the country and made 500 after getting taxed on it when I registered it. Would have made a lot more, but not sure if extra 700 is worth the "dirty laundry".

At the end of the day, make sure you cover your own ***** in the worst case scenario, while helping your friend the best you can.

[Jabb]

I might end up selling to a dealer, anything I need to know for that?

[macnut]

Does he need to sign it over to me?

No.
He just needs to pre-sign his documents. The same as he would do if it was him selling it and found a buyer.
Just that now you need to find a buyer, and do whatever else is necessary, but he has done the paperwork ahead of time.



I might end up selling to a dealer, anything I need to know for that?

Yes. You won't get much money. And while a private buyer will not be too concerned about you acting for the actual owner, a dealer might not be so keen.

The first two responders are a bit off the mark.
You don't want to, nor need to be the owner of your friend's car in order to sell it.
And selling without your name on the ownership is not the definition of curbsiding. That is when a licenced dealer hides his identity and purports to be a private seller.
Or someone who regularly buys and resells cars from their home who should have a motor dealer's licence, but doesn't.

[Buci]

You need a power of attorney signed from your friend. glws

[macnut]

You need a power of attorney signed from your friend. glws

Not in the spirit of RFD to advise the OP to go to the expense of a getting a legal service that is not needed.

The OP's friend just needs to buy the UVIP and sign the Application to Transfer on the back of the vehicle registration.
That's the minimum he HAS to do.
Ideally, he should also pre-sign the Bill of Sale, for the OP to later complete with price, date, odometer reading & buyer info. But OP could sign this if preferred - not critical as the govt. doesn't care so much on this piece of paper.
He should also lighten the load for the OP by looking after any liens, inspections needed, providing all keys, handbooks, maintenance records, etc.

With the Owner's signature in the right place ahead of time, you can satisfy the requirements as stated in the Ministry's website:

Finalize the sale in four steps
1. Record your name, signature, name of buyer, date and purchase price on the "Bill of Sale" in the Used Vehicle Information Package.
2. Complete and sign the Application for Transfer. The Application for Transfer is on the back of the "vehicle portion" of the registration permit.
3. Give the Used Vehicle Information Package and the "vehicle portion" of the registration permit to the buyer.
4. Keep your licence plates and the "plate portion" of the vehicle registration permit. You will need the permit if you decide to register your licence plates on another vehicle.
You may choose to notify the ministry that the vehicle has been sold.

[Jabb]

Not in the spirit of RFD to advise the OP to go to the expense of a getting a legal service that is not needed.

The OP's friend just needs to buy the UVIP and sign the Application to Transfer on the back of the vehicle registration.
That's the minimum he HAS to do.
Ideally, he should also pre-sign the Bill of Sale, for the OP to later complete with price, date, odometer reading & buyer info. But OP could sign this if preferred - not critical as the govt. doesn't care so much on this piece of paper.
He should also lighten the load for the OP by looking after any liens, inspections needed, providing all keys, handbooks, maintenance records, etc.

With the Owner's signature in the right place ahead of time, you can satisfy the requirements as stated in the Ministry's website:

Finalize the sale in four steps
1. Record your name, signature, name of buyer, date and purchase price on the "Bill of Sale" in the Used Vehicle Information Package.
2. Complete and sign the Application for Transfer. The Application for Transfer is on the back of the "vehicle portion" of the registration permit.
3. Give the Used Vehicle Information Package and the "vehicle portion" of the registration permit to the buyer.
4. Keep your licence plates and the "plate portion" of the vehicle registration permit. You will need the permit if you decide to register your licence plates on another vehicle.
You may choose to notify the ministry that the vehicle has been sold.

Thanks Macnut, that's what I was looking for :)

[HughG]

what car is it btw

[Jabb]

Its a 2006 Mitsubishi Lancer ES, ~73,000 KM on it, new brakes, 4 month old tires, and in pretty good condition. The timing belt does need replacing I believe (at this point, it just requires to hold the key a bit longer when turning the car on)

[azncapcom]

Its a 2006 Mitsubishi Lancer ES, ~73,000 KM on it, new brakes, 4 month old tires, and in pretty good condition. The timing belt does need replacing I believe (at this point, it just requires to hold the key a bit longer when turning the car on)

That sounds more like a starter problem than a timing belt problem.

[Jabb]

Yeah. I've asked him to get it checked out.