Selling a car can be stressful but did you know that there are certain responsibilities for the buyer.
As the seller of a car, you are required to provide the buyer with a proof of your entitlement to register the vehicle.
Here are some of the documents that you as the seller can provide the buyer during the sale
- An original copy of a registration certificate, renewal notice or other registration documents signed by the seller/owner;
- A certified copy of a dealer warranty form
- An original copy of a sales contract or proof of purchase
- An original copy of a Notice of Disposal form signed by the seller.
It’s also the responsibility of the seller to notify the NSW Roads and Maritime Services when a car is sold in order for them to update their records to the new owner’s details. This can be done by lodging a Notice of Disposal form with your details (as the seller) and signature, the car’s registration number, date of sale and the details of the new owner. There is no fee when lodging a Notice of Disposal form.
There are other actions that you as a seller need to be aware of.
Did you know that if your car is older than five years, it must undergo an annual safety inspection to show that the car is roadworthy.
But probably the most stressful part of selling a car is finding the right buyer and selling for the car for the right price – Carbiz takes the hassle out of buying and selling your car, contact us today to find out more.