I literally just bought a car from another state. I live in Chicago, Il and the car was in Albany, NY.
1. Have the guy who has the car send you a ton of pictures. I mean every angle, inside of the trunk (left and right), under the car, interior, dash, quarter panels, fenders, engine bay.
2. Once you're satisfied with the pictures, post in the "bench racing" that you're looking for someone to look at a car for you. Explain your situation and that you'll pay for their to look at the car.
3. If someone is nice enough to help you explain to them what you want them to look at, take a test drive etc.
4. Based on the feedback make your decision on whether you want the car or not. If you do, make the deal and give him a deposit ($500 is fair).
5. From there, you have to write up a bill of sale. If you need one, let me know I can get you one (Thanks Mike). Overnight the bill of sale to him and make sure that he gets the bill of sale notarized at a bank. This forces the guy to whip out his license and know that he's serious about you buying the car.
6. Once he's done that make sure he overnights the bill of sale back to you. This little piece of paper will protect you (somewhat) if something goes bad.
7. From there, you would wire the money to him. To me, that is the safest way to send thousands of dollars to someone.
8. Once he receives the money he would overnight the title to you.
9. Once you receive the title it's time to transport your new Chevelle to you. I used a company called www.dasautoshippers.com
I like them cause they own their own trucks but you're more than welcomed to use anyone you'd like. Depending on the kind of Chevelle you bought you can choose open or closed transportation. Obviously closed is more expensive.
10. I really can't help you with the loan side since CASH IS KING
11. If the guy you're buying from is hesitant about any of the steps I listed above WALK AWAY!
Hope this helps
I'm looking to possibly buy a Chevelle in Florida and I live in Las Vegas. I would like to know what the best and safest method for both parties is to do a private person 2 person sale ? Just trying to do my homework before I get closer to actually buying. Thanks in advace for the info.
specifically looking for:
1. transaction of $$ from person to person best methods and why
2. transfer of title how this is handled
3. inspection prior to transfer of title and $$ ( is there a service that inspects classic cars for a fee ? )
4. shipping do's and dont's open vs closed transport
5. dealing with a classic car loan which i might do to make it faster to get all the $$ together.