Buying a used car in New Orleans is more than just turning over the
money to the seller. You'll need to be provided with several documents
so that the deal becomes legal. Here's what you need from the seller to
ensure that the deal is closed.
First, there's the car title.
Like a deed to a property, it's the most important document in the
transaction since it becomes the contract that the entire deal is based
on. Check it thoroughly to see if it's complete. A car title needs to
have the following: the signatures of both you and the seller, the date
of sale, an odometer reading of the car, a notarization, and a sales
price. If anything is missing, it's best to ask why.
Second,
you'll want to get a bill of sale. Just like a receipt, this is legal
proof that you paid an amount of money for the car. A complete bill of
sale has the car's price, the vehicle identification number, the
purchase date, and the contact info of the buyer and the seller.
Additionally, the car's year, make, and model should be mentioned.
Finally,
a vehicle history report, though not required, would be desirable. This
document will inform you of the car's history of accidents, and would
thus help you decide on the car's future.
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