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Advice

First published: 8th June 2015

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Advice

What are your responsibilities when selling a car?

From being able to sell the car in the first place, to advertising it fairly, anyone selling a car has many obigations to fulfil

First published: 8th June 2015
It may sound obvious, but one of the most important responsibilities for any seller is to ensure that they are actually entitled to sell the car.

If you have outstanding finance on a car, it will need to be settled before you can be paid. So, if you are selling privately, you should speak to your finance provider to see if you need to do this in advance of the sale (which is likely). However, if you are selling to a dealer, they may be able to do this as part of the exchange.

Remember, though, that this does not apply to personal loans, as they are not secured on the car.

Whoever you sell the car to, it is important to be honest. So, you should describe the vehicle as truthfully and fairly as possible. This should reduce the risk of future disputes and any claims that you have misrepresented what you are selling.

That doesn’t oblige you to reveal any information about faults on the car – although you must not sell a car that isn’t roadworthy – but you must not be misleading and you must answer questions truthfully.

TOP TIPS
  • Be sure you are entitled to sell the car
  • Clear any outstanding finance before you sell
  • Always be truthful and fair
Related topics: Selling your car