Hi - I want to sell my car. There are already some interested locals. But I am not sure what I have to do. Does somebody can give me some advices to make such a deal hussle free? How can I asure that the buyer will register the car in his name after the deal? Will it be a problem if the car is momentary registered in another province? How can I avoid further requests from the buyer? Do I have to make a contract and what should be in? Is it necessary to sign the contract by a lowyer? What else matters? Thanks a lot!
When you have a firm buyer, and you are really sure he has the cash then you can go to that lawyer beside Bogarts, bring the buyer or have all of his information (perhaps a photocopy of his driver's license). Take the buyer with you if that is possible. The lawyer will do all the paperwork and you just pay 1,000 pesos. You cannot be sure the buyer will register the car but it won't matter so long as you keep the bill of sale to say its not yours anymore. It won't be your problem if the vehicle is registered in another province, the buyer can still register it. Use a throw away sim to conduct business with the buyer and then move after the sale. Of course that part is just being facetious but other than that, he has your address from the old registration so he can knock on your door if he thinks you sold him a lemon. Of course you need to sign the sale document but it was my experience that the buyer does not. In my case the buyer was not even present when I got the papers drawn up, but perhaps he signed them later, not my concern. In my case I just took the vehicle and the completed sale document to the buyer and exchanged them for his cash. done deal.
Hi Dave_Hounddriver and many thanks ! It was very helpful and I will see how this will work. Have a nice day