Let's make this quick, so I'm selling my 2004 Honda Accord ex. The offices are closed to do all the paperwork. But the guy said he is a licensed dealer, and he can do all the paperwork right here and no need to go to a notary, what does that mean? He said he can do everything right here. Will I have to pay anything out my pocket, or is it simple and he does paperwork and give me my money and goes on his way??
Each State has their own laws about Motor Vehicle sales, so this answer can vary greatly from State to State.
That said, in Minnesota you don't need a notary. You fill out your information & signature on the title of the vehicle as the seller and the buyer fills out his information and you give him title. There's a piece you tear off that YOU send to State to let them know that you sold the car. Generally selling the car doesn't cost you anything- the transaction costs are usually paid by the buyer (sales tax, registration, tabs (if needed), plates, etc). The only exception would be if the car was sold at an auction- then the "seller" might owe the auction company a fee for selling the car.
Again varies greatly from State to State- I would talk your local small town DMV. They usually have long term employees that actually WANT to help you.
Oh ok yeah I'll have to call them. Now that you mentioned it I think I did this in Georgia I just bought a car without going to notory. Ithey signed the title and I signed a paper and took the car then I went later to get all the paperwork and plates. But definitely going to see how it is here
Having been burned multiple times in life with contracts and terms and conditions I don't go into anything anymore without having everything in writing beforehand that summarizes everything. And I still get caught.
The kind of dealer that buys and resells 19-year-old cars is typically the worst of the worst bottom-feeding ripoff artists. You must be cautious. (As others have said whether a notary is needed depends on your state. If so a dealer would typically have one on staff.)
I gotcha thanks. I can see that now because I told the person I didn't understand much about that and didn't even explain anything just told me I understand.