How to sell the car on credit

You decided to sell a car, and the buyer who can immediately pay all its cost, did not find it. The circumstances are formed so that the car needs to be implemented urgently. There is a wishing who is ready to pay not the whole price for cars, only part. And the rest undertakes to pay at some time. It is suitable for you, but how to make a deal, do not know. So we learn how such a contract is legally correct to arrange.

The best method is to ask the client to take a loan in the bank or loan bonus on the missing means to pay for the car. And as a result, it will turn out that you received the money, and the buyer car. And the client will pay the Customer or Bank to the Credit Organization.

The only thing that the buyer will have to pay a decent percentage for such a deal. Perhaps he will ask you to reduce the price of motor vehicles. If you do not go for concessions, the transaction may not be realized.

You can sell the car in installments by two options: under the contract of the lean or pledge of personal property, according to the purchase and sale document. The contract of deposit must be in legal office. Competent specialists will issue all the papers and take into account all the nuances. It is not free, but in case of non-payment of the amount of installments, you can get a deposit or property of the borrower through court instances.

The act of buying and selling (with a mark of installments) is also notary. The owner and the buyer stipulate all the conditions for repayment of debt, prescribe in the act. Then the seller passes the car and the technician to the future owner, and when the loan is repaid, the re-registration of the machine on another owner is being done.

Many are just a reception certified in the law office. It says, for how long the loan should be reset and how many percent will pay the buyer for late payment of debt. The car goes into the hands of the owner if the loan is repaid.

In order not to get to hear, it is necessary to take into account all sorts of situations. For example, if the car hijacked the client. All the same, the buyer must pay for him. Or in case of delays in payments, to register in the papers item on the return of the machine and terminate the transaction.