Buying Out of State

[orangeNblue]

Okay, so I've been looking for a while and I found a G35 that is for sale on a different forum (G35driver). The car is in Texas, and I was curious if anyone had any tips on possibly purchasing a car out of state from an individual.

My plans as of now are to contact his local dealership and have them do an inspection/check over on the car and give me the full bill of health. If it passes their inspection then I figured I could have our banks take care of the financial aspects of the purchase and just have the car shipped.

He's been very good about answering all my questions and sending me pics of everything I ask for.

Oh and btw its a 2006 G35

here's the link :
2006 G35

Any advice would be greatly appreciated.

Thanks

[frapjap]

There isn't really any issue with purchasing a car from another state aside from what you mentioned.
So long as there is a title available, current registration, can pass your state inspection, you can secure financing, pay your state sales tax, and the vehicle doesn't have a lein/isn't stolen, you should have no issues.

However, it sounds like the car in question may have a lein against it. I don't have a ton of experience purchasing vehicles with leins against them but have sold a couple with leins against them. When I was the owner, I wanted to make the buyer feel as comfortable as possible, so I took an additional line of credit (a balance transfer) since I knew it would be paid back the same month, and paid the car off and received the title.
In my opinion, 1) He should pay off the loan. Preferably with his own money so that the has the title before you go to purchase the car. This ensures that you get a title right away.
2) You get a loan, take your cash, and buy it from him to pay off the lein. You get a bill of sale and note a clause that the physical title is signed over to you upon his receipt. However, I prefer that the current owner pays it off himself and then have you pay him so you get a title outright to send to your bank for the loan you borrowed from- assuming this isn't a home equity loan that you're taking.

I'm not sure if the 'banks will take care of the financial aspects' as you mentioned, but they may and for all I know this is a routine transaction for them. I don't have experience in that scenerio.

[Bubba1]

Okay, so I've been looking for a while and I found a G35 that is for sale on a different forum (G35driver). The car is in Texas, and I was curious if anyone had any tips on possibly purchasing a car out of state from an individual.

My plans as of now are to contact his local dealership and have them do an inspection/check over on the car and give me the full bill of health. If it passes their inspection then I figured I could have our banks take care of the financial aspects of the purchase and just have the car shipped.

He's been very good about answering all my questions and sending me pics of everything I ask for.

Oh and btw its a 2006 G35

here's the link :
2006 G35

Any advice would be greatly appreciated.

Thanks

Every state operates a little differently.

I'm a Pennsylvanian who purchased an old flatbed truck from a NJ individual. Best to check your version of DMV to be sure. You want to protect your interests. Some general advice:

1.Do not pay for that car with out receiving that physical title, and check that title carefully. No tickee, no washee. There should be a place for the seller’s signature (make sure the signature matches thename on the title, the car’s odometer reading, whether or not it's a salvage title, and most importantly, to make sure there are no liens against it. The alarm bells should be ringing loudly if he hasn't paid off the car yet. That means it's not his car to sell. I'd suggest walking away if he does not have a clear title (i.e. no liens). Also The seller’s signature may be required to be notarized on some out-of-state titles. This is why it's a good idea to speak with the DMV about what exactly is required.


2. If you're confident the deal will go thru, get the serial number and get the vehicle added to your insurance policy effective the day you buy it. your agent can email/fax you a proof of insurance card.

3. Get a bill of sale. Handwritten is fine. Will make things easier to register, and if you get stopped enroute home.

4. You might consider having a carfax done as well as the mechanic checkover before closing the deal.

5. Discuss where the car is to be tendered. In my case, the seller delivered the truck to my house ( he lived nearby plus he put his car on the back which made it simple for him to get home), so registering mine was a non-issue. Shipping the car home also does not require getting it registered. But if you plan on driving it home. You'll want to get transfer tags. That requires a conversation with the DMV.

Some sellers might allow the buyer to borrow their plates to get it home, which is nice, but there are many that won't do that. Using a borrowed plate from one of your own cars is technically illegal, but if you want to do it on the cheap and are willing to risk a fine/impounding if you get caught, you better have that bill of sale and title handy.

Good luck.

[orangeNblue]

Okay

so here are some updates:
- there is no lien on the car. It is paid off and he has the title in hand.
- I have talked to the Infiniti dealership in Houston and they will do a full inspection on the car (similar to what they do when they bring a car into their lot). Then they will email me the full report
- I already ran the carfax and it's clear of wrecks, etc. It spent a small amount of time up North, so I don't know if that really means anything, but as far as the report goes it checks out there.


Thats as far as I've gotten.