Hello,
I'm getting ready to see my car privately. Haven't done this before so it is a bit scary. I am getting ready to write up a bill of sale. Question:
1) Is it safe to put my personal address on the bill of sale? The car is in good condition but sometimes I worry that a buyer would not be satisfied and would come back and harass me about it. Should I exclude this or not even bother with a bill of sale?
2) How is tax determined when selling the car? Do I include it in the selling price or does buyer pay it to DMV when he registers the car?
3) I'm guessing I also have to notify DMV that I sold it and will I have to pay tax as well?
original posted by Ironman650 to r/personalfinance on Wed, 28 Feb 2024 00:17:49 GMT.