What Paperwork Do I Need to Sell a Car in Lakewood CO

July 26th, 2022 by

What Paperwork Do I Need to Sell a Car in Lakewood CO

Empire Lakewood Nissan – What Paperwork Do I Need to Sell a Car in Lakewood CO

The demand for used cars is high right now, and this means that you could receive a great offer on your old car from an interested buyer. At Empire Lakewood Nissan, serving Lakewood Longmont Boulder Littleton, we want to help you turn your old car into cash. This is money that may be used as a down payment toward your next purchase for any number of other purposes. Before you get started with the sale, you should ask, “What paperwork do I need to sell a car in Lakewood?”

When you take a closer look at what paperwork do I need to sell a car, you should understand that some documents are optional. While they are not needed, providing them to the buyer could help you to extract more value from your car. What will you learn when you ask, “What paperwork do I need to sell a car in Lakewood?”

Car Title

One of the most critical documents that is required to complete the transaction is the car’s title. The title shows who the legal owner is, and it is required for both private sales and dealership trades. Only the legal owner is able to sell the vehicle. If your auto loan is already paid off, you should have a copy of the title. If it has been misplaced, you will need to take steps to obtain a replacement copy of the title. For vehicles that still have an auto loan on them, the lender will hold the title. When you execute the sale, the lender will release the title so that it can be transferred to the new owner. This process can be stressful for private sales because the seller must do all of the legwork. If you sell your car to our dealership serving Lakewood Longmont Boulder Littleton, our team will work directly with the lender as a convenience to you.

Bill of Sale

A bill of sale is another required document regardless of whether you do a private sale or trade the vehicle to us. You will need to create your own bill of sale for a private transaction. Otherwise, our team at Empire Lakewood Nissan will take care of this for you. The bill of sale details the specific terms for the sales transaction. As a result, it may offer some liability protection to the seller.

Vehicle History Report

The vehicle’s history report also requires your attention as you inquire, “What paperwork do I need to sell a car in Lakewood?” This report should be provided by you to the buyer during a private transaction, but our team serving Lakewood Longmont Boulder Littleton can run a report on your behalf if you sell your vehicle to us. This report provides details on the car’s mileage, ownership history, accident history and repairs. However, it does not list maintenance services. Documenting maintenance services may help you to obtain a higher offer, so consider bringing these records with you when you drop by to request an offer.

Warranty Details

When you look into the paperwork needed to sell a car, turn your attention to the warranty coverage. You will not need to take special steps to transfer the warranty to the next owner if there is a factory warranty in place. This can be researched via the VIN. Some sellers have purchased an extended warranty through a third party. If this is the case for you, you may need to contact that company to make arrangements for the transfer.

Proof of Sale

There is one final document that requires your attention when you ask, “What paperwork do I need to sell a car?” This is the proof of sale. This document should be submitted to your state’s DMV office within the specified timeframe. Other documentation may also be required, so it is important to research the requirements carefully before selling your vehicle. Our associates at Empire Lakewood Nissan can prepare and file the proof of sale and other required documentation on your behalf when you trade in your car to us. Also serving Denver, Breckenridge, Winter Park, and Evergreen Colorado.

*This opinion-based content is intended for informational purposes only. Contact the dealership for the latest details.

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Posted in Nissan dealership