How to Sell a Used Car In Mississippi?

Author By Avinaba -
How to Sell a Used Car In Mississippi?

The procedures and approach for selling a car online vary by state. Discover how to sell your used car or truck in Mississippi confidentially.

If you reside in the Black Prairie, the Appalachian Foothills, the Red Clay Hills, the Piney Woods, the Gulf Coast, or the Mississippi Delta and want to sell your old automobile or truck privately, you've come to the correct location. With over 1.1 million registered trucks and vehicles in Mississippi, it's no surprise that thousands of individual vehicle sellers in the Magnolia State have chosen cashforcarsinc.com to sell their vehicles. We've explained the four procedures and documents necessary for how to sell a car in Mississippi below, so you may sell your automobile promptly and for the maximum amount of money.

Remember that most states regard the car title as a legal document, so use the legal names (no nicknames) of both individuals involved as well as legible handwriting in black or blue ink. Mistakes, typos, and the use of white-out may render the document null and worthless, so be cautious and take your time filling it out.

Step 1: Allow the buyer to have a third party assess the vehicle

Cashforcarsinc.com recommends that private automobile buyers pay for a pre-purchase vehicle check performed by a certified and licensed auto technician of their choice. Although the buyer pays for this examination, the seller and buyer must agree on when and where the inspection will take place. If the inspection uncovers any problems with the vehicle, you should save the report for your records as the seller. Mississippi does not require this inspection, and there are no documents that must be filled out, but it is a good idea for the buyer to have the inspection completed prior to the purchase.

Step 2: Organize and collect all vehicle papers

Find all maintenance records (hard copy or electronic), the owner's manual, and any vehicle papers. If you can offer the buyer extensive and thorough maintenance documents, it will give the buyer confidence that the automobile has been properly and regularly maintained. You should also think about providing a car history record from a provider like CarFax or AutoCheck.

The title certificate is the most critical document to have when selling an automobile. If a lien exists on the title, the lienholder must release interest in the vehicle before it may be sold. This can be accomplished by either the seller paying off the vehicle or the lienholder obtaining a letter of lien release. If you are unable to pay off the automobile, you must file a lien release statement from your lienholder with the DMV. If you're selling an automobile that still has a lien on it at the time of the transaction, you'll need to file Form 78010178, Affidavit of Sale Under Lien. Paperwork Required Before Selling Your Car: Everything You Need to Know About

Some states require a bill of sale for a private automobile transaction, but Mississippi is not one of them unless the purchase price is recorded on the title. A bill of sale isn't always needed, but it's always a good idea to have one. Form 78013188 is the official Mississippi bill of sale paperwork.

Step 3: Change the title

If change the vehicle's title is lost, stolen, or significantly damaged, you can obtain a replacement or duplicate Mississippi title by completing Form 78006178. With that paperwork and a $9 charge, you can obtain a duplicate title by mailing or visiting your local county tax collector's office. If you need to apply quickly, there is a special "Fast Track" application (form 78026178) with an additional price of $39. You're paying an additional $30 to acquire the new title within 72 hours of the state receiving the paperwork, rather than the typical 10–14 days.

When privately selling an automobile in Mississippi, both the buyer and seller must fill out the applicable areas on the back of the title. This information contains the buyer's and seller's legal names, addresses, and signatures, as well as the date of the transaction, the odometer reading, and the purchase price. When this is filled out correctly and legibly, the buyer can easily transfer registration and obtain a new plate.

If the title shows more than one owner, the following number of signatures will be required based on the link between the names: Furthermore, all individuals specified must sign. Alternatively, either vendor can sign; just one signature is necessary. Alternatively, both vendors must sign. If no connection is specified, the default will be "and," and all owners (sellers) must sign.

In December 2020, the National Highway Traffic Safety Administration (NHTSA) revised its odometer disclosure standards, which may affect some private car purchases in Mississippi. Any vehicle of the model year 2011 or newer (2012, 2013, etc.) that is transferred between January 1, 2021, and December 31, 2030, will require an odometer disclosure. Beginning January 1, 2031, every vehicle less than 20 model years old will be required to have an odometer disclosure. Previously, the NHTSA only mandated disclosure for the first ten years. Cars manufactured before 2010 are exempt from odometer disclosures. On its website, Mississippi provides an Odometer Disclosure Statement in Form 78015.

If you want to give a car to a relative, you can use the same procedure as described above to transfer the title, but you'll also need to complete an Affidavit of Relationship, which you can obtain at your local county office. It's largely the same process for inheriting a car, but you'll need to file paperwork about the inheritance with the county along with the title of the vehicle in question. If you're inheriting an automobile from a relative who died without a will, fill out Form 78014178 and pay a $9 transfer fee.

Step 4: Take off your license plates and cancel your insurance

Before passing over the car to the buyer, the seller must remove their license plates. If you do not, you may be held accountable for any infractions that occur after the buyer takes ownership of the car. Following the completion of the transaction, you must return the plates to your local county tax collector's office. When you return the plates, your name is erased from the record as the owner of the vehicle in issue. To avoid paying for insurance on a car you no longer own, cancel your insurance as soon as you remove your plates.

For more information, visit the Tags and Titles section of the Mississippi Department of Revenue website.

The Easier Way to Sell Your Car

Now that you've learned everything there is to know about selling a car in Mississippi, it's time to determine where to list it. Cashforcarsinc.com makes it simple to sell your car. With ready-to-sign state documentation, encrypted chat, and more, our platform provides all the tools and recommendations you need to make the transaction a breeze.

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