# sold the car and got a few questions

**URL:** <https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692>\
**Category:** PittSpeed Automotive\
**Created:** [April 16, 2005, 9:35am UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692 "2005-04-16T09:35:27Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Slim\_06\_F-150](https://avatars.discourse-cdn.com/v4/letter/s/d26b3c/32.png) [@Slim\_06\_F-150](https://forums.speedlife.net/u/Slim_06_F-150)\
**Post date:** [April 16, 2005, 9:35am UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/1 "2005-04-16T09:35:27Z")

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Should the buyer give me the check for the car or should he send it to my bank since i still owe 8000 on the car and then they send me the difference. Should i call my bank and ask them or is it the same for every bank. Never sold a car on my own before, help a noob out.

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**Author:** ![Pewter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pewter/32/5936_2.png) [@Pewter](https://forums.speedlife.net/u/Pewter)\
**Post date:** [April 16, 2005, 10:19am UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/2 "2005-04-16T10:19:11Z")

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send check to bank for balance,then u’ll get title,have him pay u the rest we u get the title & do the transfer!

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**Author:** ![The1SloR\_T](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/the1slor_t/32/5984_2.png) [@The1SloR\_T](https://forums.speedlife.net/u/The1SloR_T)\
**Post date:** [April 16, 2005, 10:21am UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/3 "2005-04-16T10:21:00Z")

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cool cool slim, you get an f body lined up for ya yet?

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**Author:** ![scottiemac](https://avatars.discourse-cdn.com/v4/letter/s/e5b9ba/32.png) [@scottiemac](https://forums.speedlife.net/u/scottiemac)\
**Post date:** [April 19, 2005, 7:43am UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/4 "2005-04-19T07:43:52Z")

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The person who’s buying my car, his bank and my bank are talking and then his bank will cut a check to my bank. Then my bank will release the title and then either give me a check for the remaining amount or just deposit it in my account.

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**Author:** ![TBeck2000](https://avatars.discourse-cdn.com/v4/letter/t/e274bd/32.png) [@TBeck2000](https://forums.speedlife.net/u/TBeck2000)\
**Post date:** [April 20, 2005, 8:16am UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/5 "2005-04-20T08:16:10Z")

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You will also want to draw up a sales agreement/contract. This will help lay out how everything is going to work: transfer of vehicle, payment, etc. It also will protect you by having you disclose any knowledge of defects and their agreement to buy the car “as-is”. This way they can’t come after you in the future for something they may have overlooked.

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**Author:** ![4doors5gears](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/4doors5gears/32/6006_2.png) [@4doors5gears](https://forums.speedlife.net/u/4doors5gears)\
**Post date:** [April 22, 2005, 2:57pm UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/6 "2005-04-22T14:57:38Z")

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How much did you get for it, if you don’t mind me asking?

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**Author:** ![Gray05](https://avatars.discourse-cdn.com/v4/letter/g/cc9497/32.png) [@Gray05](https://forums.speedlife.net/u/Gray05)\
**Post date:** [April 22, 2005, 6:05pm UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/7 "2005-04-22T18:05:46Z")

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or… have him send check to your bank, your bank will send you the remaining balance, and him the title

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**Author:** ![Slim\_06\_F-150](https://avatars.discourse-cdn.com/v4/letter/s/d26b3c/32.png) [@Slim\_06\_F-150](https://forums.speedlife.net/u/Slim_06_F-150)\
**Post date:** [April 23, 2005, 3:36am UTC](https://forums.speedlife.net/t/sold-the-car-and-got-a-few-questions/173692/8 "2005-04-23T03:36:43Z")

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What if the guy is gettin a loan to buy the car, does he still get the title or does my bank send the title to his bank, will this guy have to wait a few weeks till he gets the title and then get the car or can we just go to the notary he gives me a check i sign a bill of sale and he gets the car right there.

sold it for 16,000 stock, then sold some mods for 350
