Welcome to the North American Subaru Impreza Owners Club Tuesday September 23, 2014
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
NASIOC
Here you can view your subscribed threads, work with private messages and edit your profile and preferences Home Registration is free! Visit the NASIOC Store NASIOC Rules Search Find other members Frequently Asked Questions Calendar Archive NASIOC Upgrade Garage Logout
Go Back   NASIOC > NASIOC Subaru Models > Impreza Forum

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads.
Reply
 
Thread Tools Display Modes
Old 05-18-2001, 06:26 PM   #1
Fubaru
Scooby Specialist
 
Member#: 6046
Join Date: Apr 2001
Chapter/Region: BAIC
Location: San Francisco
Vehicle:
'08 Prius

Post Selling your car to a private party questions - advice needed

I've never sold or bought a car privately before so I'm really green about the whole thing.

I'm close to selling my Forester to somebody but I still owe some money to Subaru Credit who holds the title. Since it's an out of state bank holding the title, how do you go about transferring ownership to the buyer? Do I have to pay off the loan 1st and then send the title later? Any advice from the experienced here would be really appreciated

Thanks
Eric
* Registered users of the site do not see these ads.
Fubaru is offline   Reply With Quote
Old 05-18-2001, 06:29 PM   #2
JJTheSubeDriver
Scooby Specialist
 
Member#: 391
Join Date: Oct 1999
Location: The land of many Subies
Vehicle:
2004 STi Blue/Gold
2000 RS BRP

Post

Maybe you should call Subaru Credit and get them to help you out. I'm sure they'll be helpful, they are going to get thier money (the payoff) balance anyway.

JJ
JJTheSubeDriver is offline   Reply With Quote
Old 05-18-2001, 08:36 PM   #3
subaruwrx
Scooby Specialist
 
Member#: 1818
Join Date: Jul 2000
Location: San Francisco
Vehicle:
03 1996 Impreza Wa
Soon to be a v3 STI

Post

pay off the loan, then sign over the pink slip. Thats all... The only thing is they might not want to do is pay first... As long as you sign the title over in 30 days, it should be fine. Make sure you smog it fi9rst, and that everything is right with the car. You do not want someone trying to come back to you after you sell it...
--Adam
subaruwrx is offline   Reply With Quote
Old 05-18-2001, 08:43 PM   #4
snowone
Scooby Specialist
 
Member#: 6035
Join Date: Apr 2001
Chapter/Region: NWIC
Location: PNW!
Vehicle:
05 92-X Saabaru
GF8 05/06 STi

Post

I believe it goes something like this: Contact Subaru Credit who has your title, request a payoff document, so you know what you owe them *exactly*. Draw up a bill of sale for your car w/ VIN, space for odometer reading, sales price,name|address|phone and such for you and the buyer. find your buyer, meet him at a bank to get yer money, sign the bill of sale, have it notarized there at the bank. Deposit yer money, send your payment to Subaru to payoff the loan. Either have Subaru transfer the title to the new owners name, or wait for it to come in the mail to you and then transfer it. Just make sure you pay your tax.

It is definately easier if you have your bank, or other lender, who is setting up your new loan to handle all the payoffs, title transfers, and taxes.

Good luck. I've been through this process on my own... it can be a headache... especially if the dealership gets involved or it's a lease buy-out. If your loan was done through a dealership w/ Subaru Credit, the payoff check has to be paid by that dealer (in my experience anyway).



[This message has been edited by snowone (edited May 18, 2001).]
snowone is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Selling your car to the general public - remove mods or leave them on? SCIalumni Vancouver Impreza Club Forum -- VIC 13 05-28-2010 09:50 PM
sell your car to carmax devil doc Off-Topic 48 05-01-2007 10:39 PM
If you buy a used car from a private party in texas, and then register it jmott Texas Impreza Club Forum -- TXIC 8 04-07-2006 12:47 PM
Question about buying a car from a private party. Teh Legacy Off-Topic 10 04-13-2005 10:00 AM


All times are GMT -4. The time now is 09:53 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2014 Axivo Inc.
Copyright ©1999 - 2014, North American Subaru Impreza Owners Club, Inc.