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How do you sell your car in Indiana?
I’m looking to sell my car and upgrade to a new one. How do I sell my car in Indiana?
Will Baldwin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
How exciting! Upgrading a car is always fun. You’ll be happy to know that
selling your car
is a pretty straightforward process. Follow these steps and you should be good to go:
- Find a buyer: Whether that’s online or by word of mouth.
- Agree on a price: None of this works until you work to agree on the final sale price.
- Have a third party inspect the car: Providing reports of a third party inspection ensures the buyer can trust you and the vehicle.
- Make sure you have all the vehicle documents: You’ll need the vehicle’s title and any other documentation you received when you first purchased your car.
- Complete a bill of sale:Indianarequires a proper bill of sale when selling a vehicle. The bill of sale includes the vehicle’s VIN, the purchase price, and both you and the buyer’s signature.
- Transfer the title: Once the bill of sale is complete, one of your final steps is to transfer the car’s title to its new owner.
- Cancel your insurance: Once you’ve transferred the title, you’ll want tocancel your insuranceor remove the car from it. Leaving the car on your insurance after you’ve transferred ownership can result in liability for any damage the new owner causes.
- Remove your license plates: You’ll want to remove your license plates to put on your new car.
While this should cover how to sell your car in Indiana, you can always contact the DMV for any additional information. Most DMV websites will list the requirements for buying and selling vehicles.
Since you will be getting a new car, make sure you have the best protection on it by using the
Jerry
app. Jerry collects personalized quotes from more than 50 top insurance companies in seconds, ensuring you always get the best rates and coverage. View full answer
- Gregory R.
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