2. Get a payoff letter from the bank. This letter will state the total amount of money you owe on the loan and the date by which it must be paid in full.
3. Provide the payoff letter to the buyer. The buyer will need this letter in order to get a loan for the car or to pay for it in full.
4. Sign the title over to the buyer. Once the buyer has paid for the car, you'll need to sign the title over to them. This will transfer ownership of the car to the buyer.
5. Deliver the title and other paperwork to the buyer. The buyer will need the title, the payoff letter, and any other relevant paperwork in order to register the car in their name.
6. Report the sale to the DMV. Within a few days of selling the car, you'll need to report the sale to the Department of Motor Vehicles (DMV). You'll need to provide the DMV with the buyer's name and address, the date of the sale, the make and model of the car, and the VIN number.
7. Cancel your insurance. Once you've sold the car, you'll need to cancel your insurance. Be sure to give your insurance company the date of the sale so they can pro-rate your premium.
