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  2. How to buy a car from a private seller - AOL

    www.aol.com/finance/buy-car-private-seller...

    Bill of sale: The bill of sale is the receipt for the transaction. It should include the vehicle’s make, model and year, the VIN number, the sale price and the name and contact information of ...

  3. How to Sign Over a Car Title: Everything You Need to Know - AOL

    www.aol.com/sign-over-car-title-everything...

    However, when you buy a car through a private sale, the new owner is responsible for paying sales tax in addition to the purchase price. 3. Take the Signed Title to the DMV

  4. Understanding taxes when buying and selling a car - AOL

    www.aol.com/understanding-taxes-buying-selling...

    If you spend $7,000 on a car and an additional $1,000 on improvements, but you sell the car for $7,000, it's considered a capital loss, and you don't need to pay tax on the sale.

  5. Bill of sale - Wikipedia

    en.wikipedia.org/wiki/Bill_of_sale

    The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.

  6. Electronic lien and title - Wikipedia

    en.wikipedia.org/wiki/Electronic_Lien_and_Title

    For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien. The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some ...

  7. Vehicle title - Wikipedia

    en.wikipedia.org/wiki/Vehicle_title

    In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...

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