Selling used car in Ontario - how to?
Selling used car in the next couple of weeks. Never done this before. What is needed, what is the best way to do it? Any advice appreciated. What scams to look out for?
Sep 18th, 2014 8:39 am
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Sep 18th, 2014 11:01 am
I would not do this under any circumstances. If you keep your plates on the car after selling it, you will be responsible for all parking tickets and red light camera tickets until the buyer puts his own plates on. Except for the (short) test drive, do not allow the buyer to drive the vehicle before it is transferred to his name. Any accident that occurs while it is registered and insured under your name will affect your insurance record.
Sep 18th, 2014 11:09 am
No red light cameras and plenty of parking in thunder bay. Like I said it depends on the situation. My mechanic was 2.5km's from where I purchased the vehicledllexport wrote: ↑I would not do this under any circumstances. If you keep your plates on the car after selling it, you will be responsible for all parking tickets and red light camera tickets until the buyer puts his own plates on. Except for the (short) test drive, do not allow the buyer to drive the vehicle before it is transferred to his name. Any accident that occurs while it is registered and insured under your name will affect your insurance record.
If the buyer wants to have it inspected by a mechanic, offer to drive it to one nearby (such as a dealership). I wouldn't put potentially hundreds of kilometers on the odometer driving the car to the mechanics of random people who will probably flake out anyway. Ask for a deposit if the buyer insists on taking to a mechanic far away from you.
Remember that the car doesn't need to be physically present to transfer the ownership and get new plates.
Sep 18th, 2014 5:30 pm
Sep 19th, 2014 9:54 am
Sep 19th, 2014 10:01 am
most people will keep plates and insurance on the vehicle until its sold unless its not even fit to drive. You can always get a second set of different plates from MTO for your new vehicle ($23 I believe). You don't want to take insurance off of it though in case of theft or vandalism wherever its parked.jansh84 wrote: ↑I am in the same boat, looking to sell my Sentra as I want to buy a new car. Initially I was thinking I would buy the new car first, without selling the old car so that I have a car and don't have the pressure to buy new asap, remove plates and insurance from old to the new car & then can sell it whenever I have a good offer. But then this obviously creates a problem for test drive & if the buyer wants to take the car to mechanic.
That means I essentially have to keep my plates and insurance on the old car? Does everyone do it the same way or am I missing something?
Sep 19th, 2014 10:05 am
Sep 19th, 2014 10:09 am
Your post confuses meHeavenLeigh wrote: ↑advertise it as is, let the seller come test drive it, give them a bill of sale. they can get uvip and all that if they want....of the 2 cars i sold i never did anything beyond what i just mentioned.
Sep 19th, 2014 10:25 am
Don't I legally need to have the UVIP for selling my vehicle even if its as is?HeavenLeigh wrote: ↑advertise it as is, let the seller come test drive it, give them a bill of sale. they can get uvip and all that if they want....of the 2 cars i sold i never did anything beyond what i just mentioned.
Its not just a set of plates, I'll need a the sticker as well, right? With insurance I think there is something available at very low rate which includes certain coverage one isn't driving the vehicle on road.Jaimz2k wrote: ↑most people will keep plates and insurance on the vehicle until its sold unless its not even fit to drive. You can always get a second set of different plates from MTO for your new vehicle ($23 I believe). You don't want to take insurance off of it though in case of theft or vandalism wherever its parked.
Sep 19th, 2014 10:32 am
I'm unfamiliar with how the process should go in that situation. I would go to MTO and ask if there is something temporary you can get with your new vehicle until you can sell your old one. It may cost you thoughjansh84 wrote: ↑ Its not just a set of plates, I'll need a the sticker as well, right? With insurance I think there is something available at very low rate which includes certain coverage one isn't driving the vehicle on road.
But as it seems I need to have both the things on the old car so I should get the new one only once the old one is sold. Is it ok to ask buyers/dealers to wait for like 4-5 days once I finalize the deal with them, depending on whatever I am able to secure first?
Sep 19th, 2014 12:08 pm
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