What is a REG 262 form?

What is a REG 262 form?

The Vehicle/Vessel Transfer and Reassignment (REG 262) form serves as a bill of sale, power of attorney, and odometer disclosure. Because odometer disclosure is not required for vessels, the REG 262 or Bill of Sale (REG 135) form may be used when a bill of sale is needed.

What paperwork do I need to sell a car in California?

What documents do I need to sell my car in California?

1. The vehicle’s title.
2. Certificate of Title or Application for Duplicate Title or Paperless Title (REG 227)
3. Transfer fee (FFVR 34)
4. You may need Vehicle/Vessel Transfer and Reassignment Form REG 262.
5. Valid smog certificate.
6. Bill of Sale REG 135 (PDF) form.

Can you sell a car without the title in California?

Can You Sell Your Car Without The Title in Hand? If you don’t have the title, you can still legally sell it. You’ll need to complete a Certificate of Title or Application for Duplicate or Paperless Title – REG 227, which must be signed by both the seller and the buyer.

Do you need a smog certificate to sell a car in California?

Yes. If you are selling your car, you need to give the new owner a valid smog certification when you sell the car. If the car you are selling is less than four years old, you do not need to get a smog inspection.

What is the minimum down payment for a car?

As a general rule, aim for no less than 20% down, particularly for new cars — and no less than 10% down for used cars — so that you don’t end up paying too much in interest and financing costs. Benefits of making a down payment can include a lower monthly payment and less interest paid over the life of the loan.

How long can I drive a car I just bought?

Most states allow you to drive a new car for at least a few days before you need to have license plates or temporary plates. You’ll need to apply for temporary plates or a temporary permit while you wait for your official plates to arrive — typically by mail.

How do you drive home a car you just bought?

First ,as soon as you buy the car, call your insurance company to let them know you have a different car to insure, then tape the bill of sale to the side window until you get home. Doing this shows your intent to follow the law as best you can at the time. Oh, yes. Park the car until you get all legal stuff done.

How do you transport a car after buying it?

In many states, you just need a transit plate, which you can get with proof of insurance, which you get with a VIN# from the prior owner. Get insurance card, bring to DMV, get transit plate. Go to buy car. Transit plate goes on car, then you can legally drive it home.

What to do after you buy a car from a private seller?

5 Things to Do After Buying a Used Car

1. Transfer the title. The first thing you need to do is secure a clean title to the vehicle.
2. Get your vehicle insured.
3. Register your car at the DMV.
4. Get your car inspected by a mechanic.
5. Get auto breakdown coverage for your car.

Can I drive a car right after I buy it?

Title Transfer and Registration You cannot legally drive your new vehicle if it is not properly registered. Usually, when you buy a used car from a dealership such as Auto Simple, the dealer will help you with all the DMV-related paperwork and fees, including title transfers and registration.

What is the first thing you should do after buying a used car?

Follow these steps after just purchasing a used car:

• Transfer the Title: First, have the seller transfer the title to you.
• Get Insurance: According to Auto.com, you need to insure your car before you register and drive it.
• Get an Inspection: Next, have your car inspected by a mechanic or dealership.

How long do I have to put insurance on a used car?

30 days

Should you get an oil change after buying a used car?

Engine Oil Change After buying a privately sold car, you don’t necessarily know when the oil was changed last. If there is something indicating the oil to be changed by either a shop or dealership, I would say change it regardless as well. It is better to play it safe. We all know how important engine oil is.

What to check when picking up a used car?

Used car checklist summary

1. Engine. Check for leaks, oil level, head gasket condition and exhaust smoke.
2. Gearbox and clutch. Feel and listen to the smoothness of the gear change, and test the clutch biting point.
3. Bodywork.
4. Wheels and tyres.
5. Interior.
6. Test drive.
7. Documents.