Often asked: How To Sell Your Car In Texas?

What paperwork do you need to sell a car in Texas?

Provide the buyer with the following:

  1. A properly signed title, including the date of sale and odometer reading.
  2. Signed Application for Texas Title and/or Registration (Form 130-U) with the sales price clearly shown.

What do I need to do to sell a car in Texas?

Selling A Car In Texas

  1. Prepare the car for sale.
  2. Gather information on the car.
  3. Obtain necessary documents from the Texas Department of Motor Vehicles.
  4. Estimate the value of the car.
  5. Find a buyer.
  6. Negotiate the sale.
  7. Meet the buyer.
  8. Understand your legal liability.

How do I sell my car directly to buyer?

How to sell your car directly to a buyer

  1. Step 1 – Test Drive. Provide an Indemnity form for the buyer to sign if a test drive is required.
  2. Step 2 – Sales Agreement.
  3. Step 3 – Loan Settlement and Insurance.
  4. Step 4 – Transference of Ownership.
  5. Step 5 – Payment of Balance.
  6. Step 6 – Handing/Taking over.
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How do you sign over a car title in Texas?

You will also need to:

  1. Complete the fields on the title and sign it over to the buyer.
  2. Verify that the mileage recorded on the title is correct.
  3. Sign the Application for Texas Certificate of Title along with the buyer.
  4. Give the buyer a lien release if applicable.
  5. Make sure to notify the DMV of the sale.

Should I remove license plate when selling car in Texas?

You must remove the license plates from your vehicle before the buyer accepts the keys and drives off. It is possible to transfer these license plates to another vehicle you own. Reach out to your nearest county tax assessor collector’s office for details on such a transfer.

Does Texas require a bill of sale for a car?

Even though it is not a legal requirement in Texas, you have every reason to complete a bill of sale when selling your car. A bill of sale provides solid proof that a transfer was made, and therefore all liability now rests with the new owner. It also acts as a receipt for your own personal records.

Who fills out Form 130 U Texas?

Buyer/Seller: Carefully fill out and complete the Application for Texas Certificate of Title (VTR Form 130U). Buyer will fill out most of the form but Seller MUST fill in the vehicle sales price and sign the form.

How much does it cost to do a title transfer in Texas?

The title fee is $33, plus motor-vehicle sales tax (6.25 percent). There is also a $2.50 transfer of a current registration fee. If the license is not current, there may be a registration fee. Please note sales tax is paid on the actual price or 80% of the Standard Presumptive Value — whichever is the higher amount.

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Does a bill of sale have to be notarized in Texas?

The state does not require the document be notarized, but it does suggest that both parties jointly visit the county tax office when the seller is signing over title to the vehicle.

How do I get paid for selling my car?

When You Sell Your Car. Getting payment: Cold, hard cash is the easiest way to collect payment for your vehicle. The buyer might request a receipt for the cash. If you provide a bill of sale, this will serve as a receipt.

How do you sell a car when it’s not paid off?

How Do You Sell Your Car When You Still Have Payments Left?

  1. Find out the fair value of your car.
  2. Get your loan payoff balance.
  3. Enlist your lender in the sale.
  4. If you can, hold the sale at the bank that holds your loan.
  5. How to deal with an out-of-state lender.
  6. Accept only cash or an official bank check.

Should I sell my car myself?

Selling it yourself

You’ll usually get the most money for your car, somewhere between the vehicle’s retail and wholesale values. You might have to pay more sales tax on the new car, but if you get more money for the old car by selling it yourself, you could still come out ahead.

Does a Texas car title need to be notarized?

Texas titles must be notarized. Only sign the title in the presence of a notary public. Print your name (or names)* on the back of the title where it says “Seller(s) Hand Printed Name(s)”. For vehicles less than 10 years old, you must include an odometer disclosure statement reflecting the current odometer reading.

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Can I transfer a car title online in Texas?

1. TO COMPLETE THE TX MOTOR VEHICLE TRANSFER NOTIFICATION ONLINE: *PREFERRED METHOD* If possible, we highly recommend completing forms online instead of by mail, so you may easily save and print out a copy for your records that includes a date/timestamp.

Does seller have to sign application for Texas title?

You and seller must both sign.

(Your application, but his record of the sale). If necessary you can go with the seller to a Texas Division of Motor Vehicle office.

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