Quote:
Originally Posted by shane_c
I will likely be selling my car soon and am not sure how the whole process works. I would like to get about $1700 more than what I owe for it. So should I get 2 certified cheques? One for me and one to give to the dealer to pay off the loan? Or if I get one certified cheque for the whole amount and bring it to the dealer do you know if they'll cut me a cheque for the difference? Other than me signing the registration over is there any other paperwork involved? Do the plates stay with the car? Any other tips so I don't get ripped off would be appreciated!
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You get one certified cheque or bank draft from the person buying your vehicle, deposit those funds in your account, then write a cheque to the dealer for what you owe there, and you keep the rest.