If you want to sell a car in Miami, you'll need to be able to find a buyer, negotiate a fair price and then transfer the title to the person that purchases your vehicle. Whether you want to sell a car in Florida to a neighbor or sell a junk car in Miami to a local junk or salvage yard, the documentation for the sale of the vehicle, as well as the process to sell it, is about the same. Here's a guide on how to sell your car in Miami, Florida.
What You Will Need:
- Car to sell
- State of Florida Certificate of Title
- Bill of sale
- Florida HSMV Form 82050, Notice of Sale
Step 1 - Locate Your Car Title
Make sure that you have the original car title for the vehicle that you want to sale. If you don't have the original title, you should visit the nearest branch of your Florida Department of Highway Safety and Motor Vehicles (HSMV) in order to request a duplicate title.
Step 2 - Find a Buyer
Advertise your vehicle in the local newspaper or take out an online ad on sites that allow customers to browse for used vehicles in the Miami area. You should price your vehicle fairly and competitively. To get a good idea of how much vehicles similar to yours are selling for in the Miami area, visit the Kelley Blue Book pricing guide or the Edmunds pricing guide online.
Step 3 - Give the Buyer a Bill of Sale
When it's time to sell your vehicle to a buyer, you'll need to provide a bill of sale that documents the transaction. There are many websites where you can find generic bill of sale templates for download. However, it is probably just as easy to create your own. A bill of sale need not be an overly complicated document. It should contain the following information:
- Date of transaction
- Vehicle identification number and description of the vehicle being sold
- Seller's name and address
- Buyer's name and address
- Odometer mileage reading
- Sales amount
Step 4 - Sign the Pink Slip over to the Buyer
In addition to providing the buyer with a bill of sale, you'll need to endorse the title and then give it to them. On the reverse of the certificate of title is a form that will need to be completed and signed by you, so that the buyer can take the title to the HSMV and have it transferred into his or her name.
Step 5 - Report the Sale to Florida HSMV
After you've completed the sale, you'll need to report it to the Florida HSMV. This will protect you from future liability or other legal issues, after the buyer leaves with the vehicle. In order to do this, you'll need Florida HSMV Form 82050, Notice of Sale. You can get this form at your nearest HSMV office, or you can download it on the HSMV website.