The procedures and approach for selling a car online vary by state. Discover how to sell your used car or truck in Idaho confidentially.
If you live in Northern, Southern, Eastern, or Western Idaho and want to sell your old automobile or truck privately, you've come to the perfect location. With an estimated 500,000 registered trucks and vehicles in Idaho, it's no surprise that thousands of individual vehicle sellers in the Gem State have utilized cashforcarsinc.com to sell their cars. We've gone over the five stages and documents you'll need to sell a car in Idaho so you can sell your car quickly and profitably. Also can get information about How to Sell Used Car In Hawaii?.
Remember that most states regard the change 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. All car registration letters will include a QR code beginning in October 2021, allowing you to submit and pay for your vehicle registration using your mobile phone.
Step 1: Allow the buyer to have a third party assess the vehicle
Many private automobile buyers pay for a pre-purchase vehicle check performed by a skilled and certified auto technician of their choice. Although the buyer pays for the inspection, the seller and buyer must agree on the date and location of the inspection. If the inspection reveals any problems with the vehicle, you should save the report for your records as the seller. Even if there are difficulties, the buyer may choose to proceed or request that the seller make the repairs. In any case, maintaining a copy of that report for the buyer may be a smart idea as well. Idaho does not need this inspection, and there are no documents to fill out, but it is a good idea for the buyer to have it completed prior to the purchase.
Step 2: Organize and collect all vehicle papers
Find all maintenance records, the owner's manual, and other vehicle-related 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. Paperwork Required Before Selling Your Car: Everything You Need to Know About. 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. Form ITD 3726 is the official Satisfaction of Lien paperwork in Idaho.
Step 3: Create a Bill of Sale
A bill of sale must be completed for private party automobile purchases in Idaho. Idaho Form ITD 3738 is the official bill of sale form for the state and must be filled out with the following information:
Vehicle Year, Make, and Model
Sale Price
Date of Purchase
Legal complete name, address, Idaho driver's license number or SSN, and signature of the buyer(s) Legal full name, address, Idaho driver's licence number or SSN, and signature of the seller (s)
Speedometer reading (if applicable)
If appropriate, new lienholder name and address
A bill of sale is not only mandated by the Gem State, but it also gives legal protection to both the buyer and seller. In Idaho, private car transfers are subject to a 6% sales tax on the purchase price. To guarantee that the correct amount of tax is paid to the state, the purchase price indicated on the title and the bill of sale must match and be exact. When the buyer applies for an Idaho title, they must pay the sales tax to the county assessor (DMV). You can buy a car from a family member without paying sales tax if the family member is your parent or child, grandparent or grandchild, brother or sister, or if the family member paid sales tax when the vehicle was initially purchased. Sellers and purchasers should be informed that under Idaho law, Section 49-518, recording a fake selling price on the bill of sale or title constitutes a crime (5).
Step 4: Change the title
If the vehicle's title is lost, stolen, or severely damaged, you can obtain a replacement or duplicate Idaho title by completing form ITD 3367. You may receive a duplicate title using that form and a $14 fee (plus an extra $7 if you don't have both the VIN and the title number) by submitting your form and fee to the following address:
Ada County Processing Center
PO Box 140019
Garden City, ID 83714
When selling an automobile privately in Idaho, both the buyer and seller must complete the applicable sections 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. When a vehicle is registered in the names of two or more co-owners separated by the word "and," each owner's signature is necessary to transfer title to the vehicle. When a vehicle is registered in the names of two or more co-owners separated by the word "or," just one owner's signature is necessary to transfer the title to the buyer.
If you want to give an automobile to a relative, you may do so by following the identical steps detailed here, but you'll also need to complete Idaho Form ST-133GT, which is a Gift Transfer Affidavit. It's largely the same process for inheriting an automobile, although you'll need to file Idaho Form ITD 3414, an Affidavit of Inheritance, along with the vehicle's title.
The National Highway Traffic Safety Administration's (NHTSA) odometer disclosure standards, which affect some private car purchases in Idaho, were amended in December 2020. Any vehicle of 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 older than 2010 and weighing more than 16,000 pounds are exempt from odometer disclosure.
Step 5: 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. You are not required to return the plates to your local DMV office once the sale is completed. You must, however, file a Notice of Release of Liability (form ITD 3858) with the DMV and pay a $3.50 fee. This shields you from accountability for any accidents or violations that occur between the moment of sale and the registration of the new owner. To avoid paying for insurance on a car you no longer own, cancel your insurance as soon as you remove your plates.
Visit the Idaho DMV website for further information.
The Easier Way to Sell Your Car
Now that you've learned everything there is to know about selling a car in Idaho, it's time to determine where to list it. It is simple to sell your car with Cashforcarsinc. 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.
