Tips on Buying Cars: private party purchase, buyer sign, cold hard cash

Question
I would like to buy a car from a private party, but I don't know how to get rid of the car I already have.  How do I go about selling my car to get the privately owned car?

Answer
JoeAnna,

The way you sell your car is the same way the seller of the vehicle you are purchasing is selling theirs to you.  

You need to advertise, or if you already have a buyer, you simply go online to get a bill of sale of an automobile.  Always have the buyer sign a bill of sale and what is called an AS IS form which you can search on google for to get copies of.  You need to make sure that it is clear that either you or the buyer are taking care of the taxes.  Once you get certified funds and the funds are cleared by your bank, then you can sign over the title of the vehicle to buyer.  DO NOT SIGN OVER OR GIVE THE TITLE to the buyer unless they pay you cold hard cash for the vehicle, until those funds clear the bank.  A check can be hot or not good.  Don't give the vehicle or the title to anyone until you have good funds on the vehicle.

Hope this helps.

Thanks - JB