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Re: OT: legalities of selling a car.
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Posted by MarkB on July 22, 2004 at 16:34:24 from (64.31.10.162):
In Reply to: OT: legalities of selling a car. posted by Bob on July 22, 2004 at 07:43:28:
Bob, It's pretty much a moot point now, but I think your mom is right. Just the same, it's pretty rare for someone who is selling a car in Michigan to insist on going straight to the SoS to complete the transaction. The problem in your case is that someone buying a $650 car doesn't have a lot of incentive to register it. Just slap on a plate from another vehicle on it and go. Since Michigan doesn't require you to turn in your plates when you cancel your insurance, they don't have to pay sales tax, registration or insurance. Now let's suppose the buyer is involved in a hit-and-run accident and decides to abandon the car. All you have is the bill of sale as evidence that you don't own the vehicle. I'd think that would be sufficient proof, but it could sure cause you some aggravation. If you're worried about it, check with the SoS in a couple of weeks and verify that the vehicle is no longer in your name.
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