Question: How Do You Buy A Used Car From A Private Seller In Indiana?

Can you drive a car you just bought without plates in Indiana?

No – it must display a proper registration plate or temporary registration plate (IC 9-18-2-29).

For additional information contact your nearest Indiana State Police post or Indiana State Police Headquarters, 317-232-8250..

How long can you drive on a bill of sale in Indiana?

Beginning July 1, Indiana consumers have 45 days to title and plate a vehicle after purchase – WYRZ.org.

How long can you drive a car without plates in Indiana?

If you own a vehicle, you may apply for a 30-day temporary registration permit to operate a vehicle. The permit must be kept in the vehicle and made available to law enforcement at all times.

Can I sue a private seller for selling me a bad car?

Based on used car law, if your agreement has gone through and you fulfilled the terms of what you told the buyer, he generally may not sue you or get the money back. In most cases, a used car purchase sold between private individuals is an “as is” transaction with no warranty or guarantee implied by used car law.

How much does it cost to transfer license plates in Indiana?

If you want to switch your current license plates from a recently sold vehicle, you are eligible to do that within 31 days of purchasing a new one. This new vehicle must be titled first; usually, titling and registering can be done at the same time. You must also pay a $9.75 plate-transfer fee.

How do you sign over a car title in Indiana?

In the field where it asks for the sale price, you may simply fill in “gift.” After the title transfer section is filled out, the recipient of the car must take the document to their local Indiana BMV office within 45 days to complete the title transfer and register the car in their own name.

What do I need to bring to register my car in Indiana?

Register in PersonIN driver’s license.Vehicle title.Proof of Indiana auto insurance.Registration fees.

How do you buy a car from a private party that has a loan?

Buying a Used Car with an Outstanding LoanUse Your State’s DMV Website to Run a Lien Search. … Discuss Results of Your Lien Search with the Seller. … Get the Seller to Pay Off the Outstanding Amount. … Create an Escrow Account to Manage the Purchase. … Pay the Loan Balance Directly to the Lender. … Make a Used-Car Purchase That Could Save You Money.

Can you return a used car to a private seller?

After a vehicle is sold from one private party to another, the buyer can ask for their money back, but the seller generally does not have to agree to cancel the sale, absent a warranty or fraud.

Can you sell a car to a family member for $1?

Yes, it is totally possible. Just make sure you have a Bill of Sale for legal reasons to protect both of you. The DMV will want their fair share of taxes based on the car make, model, and year. If you do somehow get it registered at the DMV, you will likely get a bill a few months later for a fair value of taxes.

Do I need a bill of sale to register a car in Indiana?

Yes. Indiana Vehicle Bill of Sale Form 44237 must be completed by the buyer and seller before the motor vehicle can be registered. … Residents of Indiana have 31 days to register their vehicle, but it cannot be driven on any state roads or highways until it is registered.

Does a car title need to be notarized in Indiana?

Update Just called the title office and since it’s from Indiana and Indiana doesn’t require titles to be notarized, I’m good to go then. … The technically correct thing to do would be to have your friend sign as the buyer, transfer it to his name, then on the new title, transfer it from him to you.

What happens if you buy a car that still has finance on it?

Regardless of who owns it, if the car still has money owing on it, the car is still the security. That means the owner (you, if you decide to buy it) is not personally liable. That being said, if the money owing on the car is not repaid, it can be repossessed and you won’t be compensated2.

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

What paperwork do I need to privately sell a car in Indiana?Vehicle certificate of title.Application for Certificate of Title (Form 205)Bill of Sale (Form 44237)Physical Inspection of a Vehicle, if applicable (Form 39530)Certificate of Gross Retail Tax Exemption, if applicable (Form 48841)

How do you buy a car from a private seller in Indiana?

Indiana Bill Of Sale Form If you’re buying or selling as a private party, you’ll need the original title, the bill of sale, the certificate of origin, purchase order and the sales contract. The buyer will also need to fill out an Application for Certificate of Title.

How do you buy a used car from a private seller who still owes on a loan?

Here are the details of each option for buying a used car that hasn’t been paid off:Ask the Seller to Pay Off the Car Loan. … Go With the Seller to Pay Off the Lien. … Set Up an Escrow Account for the Vehicle. … Get a Loan to Pay the Lien. … Have a Dealer Broker the Automobile Sale. … Buy a Certified Pre-Owned Vehicle.More items…•

Do you have to pay taxes on a car you buy from a private owner?

When you purchase a vehicle through a private sale you must pay the associated local and state taxes. … In most cases, that will fulfill your tax obligation. However, if you do not bring sufficient documentation, they may ask you to pay sales tax in your state, too.

What documents do I need to transfer a car title in Indiana?

If the seller does not provide the odometer reading on the title, you’ll need an Odometer Disclosure Statement. You need proof of residence in Indiana (your driver’s license, for instance). You’ll need to have your car inspected, and provide proof of it. You’ll need to pay the titling fee, which is $15.

How much does it cost to title and register a car in Indiana?

Vehicle Registration Fees, Insurance, and Other Costs by State for 2020StateRegistration FeeTitle FeeIdaho$45-$69, depending on vehicle age$14Illinois$151$150Indiana$21.35-$30.35$15IowaUp to 1% of list price, depending on age; plus $0.40 per hundred pounds of vehicle weight$25 for replacement39 more rows

What happens if I buy a car still under finance?

If you buy a car with money owing on it, the financier may be entitled to repossess the car. … Ask the seller to pay off the debt before you purchase the car (making sure that you check with PPSR again before you make payment). Buy the car for the agreed amount, taking into account the payout figure.

Can you write a bill of sale on a piece of paper?

When buying a used vehicle in Alberta, both the buyer and the seller need to fill out a Bill of Sale. … You can also use the back of your Registration Certificate or just hand-write the details on a piece of paper, but we do recommend the Bill of Sale because it is more complete.