How To Sell a Car in Idaho (Step-By-Step Guide)

Selling your car appears like an easy, simple procedure. However, imagining the steps necessary to legally transfer and sell a car’s ownership isn’t easy. Each state has laws governing the sale of automobiles and boats, trucks, and motor vehicles owned by private owners. Therefore, you must ensure that you comply with all rules and laws for the transfer of ownership legally for your car.

If you’re considering selling a vehicle in Idaho, continue reading to know the following steps.

What Steps Must I Take To Sell My Car in Idaho?

Each state has its own set of laws and regulations for privately selling a vehicle. The following steps are required when you are looking to sell your car in Idaho:

Thoroughly and then transfer the title certificate

Make and submit the Idaho purchase bill;

Create a release of liability document;

Remove your license plates from the vehicle and cancel insurance on your car.

The title certificate must identify the seller as the owner of the vehicle. It’s simple enough, but you need to ensure that the person you’re dealing with is the legal owner. It is essential to include information from Idaho on the bill of sale to facilitate the private vehicle transfer.

Many people also do not remember your license plates while they sell their vehicles. But, you must take the license plates off your car before handing over the keys to a new ownerIn addition, you must file a waiver of responsibility form (ROL) which you must submit within five days following the sale.

Step 1: Have the Car Inspected

Before selling your vehicle, You must get your car ready for sale. As a seller, take everything you own from your vehicle and determine whether or not it shows any apparent damage. If you’ve noticed something your customer isn’t willing to fix, it’s better to resolve the issue yourself. If the buyer sees imperfections, he can ask for repairs and to pay for the repair.

Buyers may request pre-sales inspections of cars by highly skilled mechanics. Customers always have to pay for this service. But, both the buyer and seller must agree to this method and set up the site.

Both parties can make the necessary documents available when the car inspection goes smoothly.

Step 2: Preparing the Correct Documents

It is essential to be aware of several documents to sell a car in Idaho privately. Certificate of Title is among the initial copy you’ll need. The seller is required to hold his title over the vehicle. To correctly complete and transfer the title certificate, the reverse of the certificate must include the following details:

The legal name of the seller as well as signature

The legal name of the buyer, address, signature, and signature

The information on the vehicle’s odometer when the car is under ten years of age.

When the title is destroyed or stolen, the car owner can obtain a replacement title at the Idaho Department of Transportation by applying for a replica Idaho Title Application.

A bill of sale is the legal requirement to be aware of when selling your car in Idaho. Ensure to keep a copy of your bill of sale and all your legal documents demonstrating when the vehicle was taken out of your possession or under your ownership. Idaho law requires this form of paper to calculate the sales tax for private-owned vehicles. In your invoice of sale, it is necessary to provide the following essential specifics:

The legal name of the seller and address

The legal name of the buyer as well as the address

The date on which the sale took place;

The Vehicle Identification Number (VIN)

The model and brand of the car is;

The reading of the mileage/odometer on the vehicle

The price at which the vehicle is sold; vehicle;

The name of the lien holders

Signed by the buyer and seller.

Step 3: Transfer the Title

It is essential to perform the transfer of title with care in the event of selling your car. It is crucial to complete and accurately fill in the data on the reverse of the title certificate to transfer the title legally. Any mistakes, scratched-out areas, or omitted information could invalidate the document upon completing the transfer of title. It is the Idaho Department of Transportation will require the following steps for transferring a title legally:

The buyer and any lienholder must release the title promptly for a used car.

The finalization of a bill of sale must contain the description of the vehicle, the sales price, the buyer’s name in full, as well as the signature of the seller, along with the date of the purchase.

The disclosure of the odometer is required for any vehicle that is less than ten years old.

A police official, DMV employee, military police officer, or Idaho licensed dealer must pass an inspection of the Vehicle Identification Number.

The seller is required to pay an amount of sales tax equal to six percent, which is due to the State of Idaho.

The seller is required to pay a title fee.

The seller has to pay an annual registration fee.

Leave a Reply

Your email address will not be published. Required fields are marked *