How to Sell a Car in Indiana

Salesman selling vehicle

 

Are you looking to sell your car near Indianapolis? If so, take a moment to explore our handy guide that details all the steps you’ll need to take to ensure the sale is legal. And if you’d like to sell your car the easy way, Lafayette GMC can help! We offer market value for the vehicles we buy, so there’s no disadvantage to working with us. In fact, there are only advantages, as we have streamlined every step of the selling process to make it as quick, straightforward, and secure as possible! But first, read our handy guide on how to sell your car! 

The Steps of How To Sell Your Car 

  • Collect Important Documents: Before selling your Frankfort vehicle, you’ll need to find your vehicle title, all service records, and the owner’s manual. If the vehicle has a lien on it, you’ll also need a notification of lien release from your lender that indicates that the loan has been transferred to the new owner.
  • Sign the Bill of Sale: Both you and the purchaser are required to sign the bill of sale form. This will be filed by the state of Indiana as an official notarization that you have sold your car, and relinquishes you of all legal liability in connection to the car.
  • Transfer Title: Next, you’ll need to transfer the title. On the back of your vehicle title, you’ll find several fields you’ll need to fill out. Print and sign your name. Then, have the purchaser sign the document as well, including the date of the sale, the price of the vehicle, and the number of miles on the odometer at the time of the sale. Once the form is filled out, the buyer can take it to the DMV and obtain a new license plate. Speaking of which, you’ll need to remove your license plate. We recommend keeping it as you can transfer the plate to your next vehicle. 
  • End Your Insurance Policy: Now it’s time to cancel your insurance policy. Simply contact your insurer within 30 days of the sale. They can terminate your policy or transfer it to another vehicle. 

Sell Your Car Near Delphi for Top Dollar! 

Now that you know how to sell your car in Indiana, if you find you’d like a dealership to walk you through this process, call Lafayette GMC at (765) 257-2942. We’re more than happy to answer questions about how to sell your car, or facilitate the sale ourselves, making it easy for you to get a market rate for your vehicle. And if you’d like to trade your car in, you can streamline the process even further by exploring our new and used inventories and apply for pre-approval in advance, saving yourself paperwork and time! 

 

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