Selling car privately in BC

Steps here
https://www.icbc.com/vehicle-registrati ... rship.aspx


Need to fill out this form
https://www.icbc.com/vehicle-registrati ... x-form.pdf

Get acceptable form of payment, give seller form and registration, they come back and get the vehicle after the pay the tax, insure and plate it.

What are some tell tale signs to look out for and what are the must-dos?

Thanks!

Anytime you can not meet the buyer in person and they want to pay electronically it is most likely a scam. Exceptions would be if a "legitimate" online car retailer wants your vehicle. (many recent court cases seem to indicate there are NO legitimate, online car retailers LOL)

For better or worse in this climate YOU have all the power as a seller. You can DENY test drives, PPI's and any other condition that you feel the least bit uncomfortable with. If you have an even remotely decent vehicle that you are listing for only 30 to 40% MORE than it was worth 18 months ago. It should sell within a couple of days with no conditions.

As for getting paid, for any amount you can not afford to lose. Meeting the buyer at their bank, having the amount deposited into your account somehow is really only the safe way. Any piece of paper they hand you to deposit later on, even if you are right at the bank CAN and HAVE been faked in the past and will be again. Bank transfers and certified cheques might look fancy and impressive but they are not always 100% legit.

With respect to the new owner going to the MOT and signing the ownership into their name make it a condition of the sale, that you go with them to see that it is done. If you don't have the time you are leaving yourself open to being responsible for whatever they do with the vehicle until they are the registered owner.

Yeah, yeah yeah folks on here will say. HEY that is not true you can just call the MOT and tell them you sold it. Email them the seller's portion of the UVIP and you are golden. Or better yet go to the MOT with your plates and cancel them proving you tried. Um not for nothing but if you are going to bother doing that now that plate registration is free so you don't get a refund. Why not have the buyer there with you to do the deed of transferring it over?

The truth is if you do not ensure the new buyer becomes the registered owner. Then sure you might win in court eventually but it will not change the fact that as the legal registered owner of record. As far as the law is concerned in Ontario you are fair game for the police, insurance companies, ambulance chasing lawyers and anyone else to come after you should the buyer do something illegal while it still has you as the registered owner... So is an hour of your time going to the MOT with the buyer really worth that risk?

Thank you a million, @Canuck2fan



Cheers.