Quote:
Originally Posted by jlstyle
I’m currently in process of buying a car out of state, sight unseen.
Seller is very diligently responding in mature manner and I have a confidence on him.
I’m also having the pre purchase inspection done today to verify any possible issues before committing to it.
Purchase will be through the credit union he will put me in contact with.
Is there anything else I should look into before I make my move?
Also, in order to save tax on the purchase, should I make a certified check and send it to him and have him write lower purchase price on the bill of sale?
Or can I just use his credit union (who is currently the lien holder of his car I presume) to make all the transaction? Is bill of sale something we can write or does the lien holder have to write out?
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I've bought two cars without seeing them before (WRX and C63) and here is what I did
- Get the VIN and run a quick CarFax (its like $5)
- I had each car go to a certified dealer (and not one that they normally go to) and get an inspection done. Only if the results were good would we continue the conversation
- Ask for service history and any receipts
Because the loan is with the bank, you CAN NOT lower the price. You have to pay the bank directly and they will release the title and then give the seller the remaining funds. If you decided to pay the seller first & then get the title, you run the risk of the seller just taking the funds.
I currently have an offer for my car from California so that's what I recommended to him; if he doesn't want to come see it first.
https://f10.5post.com/forums/showthread.php?t=1515543
Best of luck!