27th June 2012, 21:26
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#4
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Member, Sport: On DSC: On (>100 posts)
Join Date: Jan 2012
Location: Denver
Garage:
2003 Jet Black M5
Thanks: 1
Thanked 3 Times in 3 Posts
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I just went through this and have done this many times...I live in Fl and just bought an M5 in NC. My son had previously inspected the car so I just had to go get it.
1) I used the Tag from the car it was being transferred from.
2) The M5 was fully insured.
3) Had signed title in hand.
4) Drove it home.
If you have to fly-in, inspect and pay for the car it could go like this:
1) Agree to a day for the inspection and fly-in. The buyer may offer to pick you up from the airport.
2) Inspect/drive car.
3) Agree on price.
4) Go to buyers bank and wire transfer the money into his/her account.
5) Do the title work, keep in mind, in NC the title will have to be notarized.
6) Talk to your insurance company and make sure the car is covered.
7) Drive it home.
Just my .02...
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