How to sell your car and avoid unnecessary problems?
More in Civil LawConsidering the prices of new cars nowadays, many people are looking for a second-hand car. Likewise, the strategy of selling your car for some money in order to be able to buy a newer one is the most common nowadays. Today we reveal the details of how to sell your car and avoid problems later on.
Taking into account the current car market, it is advisable to know how to sell your car without unpleasant surprises.
We all know what precautions we should take when buying a car, but what about selling it? What obligations do you have as a seller? How can you protect yourself?
When selling a car, do I have to report defects?
When selling your car, you will have to inform the buyer of any defects that the vehicle may have. It is advisable that these defects are described in the purchase contract so that you do not have problems later on.
You should also state whether the vehicle is checked by the buyer or by a professional third party, as the signed contract with all these details will be your proof in the event of a possible claim.
Do you have to give a guarantee?
As a private seller (not a professional), you are not obliged to provide a guarantee, but you can make a claim within the general time limit for possible hidden defects that the vehicle may have (previous damage to the vehicle, which cannot be seen and of which you have not been notified).
How to transfer the car correctly?
As the seller, you have to check that the vehicle is free of encumbrances, fines and that there are no reservations of ownership or that these are cancelled. You must also have the road tax up to date and the MOT in force so that the transfer of the vehicle can be carried out once the sale is completed.
How can you draw up a contract of sale of a car?
When you are going to sell a vehicle, you must formalise a contract of sale. Here are the most important aspects that must appear in the contract:
- Your details and those of the buyer (name, surname, ID number, address, telephone number).
- The details of the vehicle (make, model, registration number...).
- The number of kilometres it has.
- The selling price and the method of payment.
- It is important to include the date and time when the vehicle is handed over, since if the buyer commits any infringement from that moment onwards, he/she should be responsible for it.
- It would also be appropriate to attach photocopies of the ID cards of the parties to the contract.
The contract must be signed by both parties on all pages.
How to change the ownership of a car.
Although the change of ownership is the responsibility of the buyer, you as the seller can make a notification of sale to Traffic to ensure that this sale is recorded as soon as possible. If the Traffic Department has no record of the sale, they will continue to send the fines to you.
To do this you need:
- To have filled in and signed the request for notification of sale, attaching a copy of your ID card.
- Present the contract of sale.
- Proof of payment of the corresponding traffic tax.
If you would like us to prepare the contract of sale, please contact us.
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