Quoted: Well basically the buyer is willing to pay half now and the other half after the car title is in hand all while I keep and drive the car. I really feel bad about doing this since I will be putting wear and tear on after the deal has been made. Is there any way to call in and transfer it by phone or something?
Any idea how long it takes to get the title back?
|
It depends on the state, unfortunately. (I hate "it depends" answers, but that's it in this case). I have had titles back in 10 days. YMMV.
I would suggest you contact DMV (or whatever it's calles in MN) and explain the problem. Possibly you can go into an office and pick it up. I find it best to be in the office, as they can print it right there. I realize it's a distance, but that's about it.
If you have to wait, you'll need a good bill of sale and, no, he can't register it. You will have to understand that nay exceptional wear o0r accident will have to void the deal or require a substantial reduction in the selling price as compensation. SOrry to repeat bad news, but you shouldn't sell anything unless you have the title in hand.