§        It is now time to kiss the car goodbye, but Cars in Houston is about to provide you some last minute tips that may save you some money, and future liability.

§        Make sure that you secure the payment

o        You may be anxious to move on, but.

§        You don’t want to end up without the car, nor the money.

§        If you accepted a check or money order make sure it clears.

§        If you used an escrow service, you should wait until you get a confirmation of money receipt.

• You shouldn’t be liable for future breakdowns so long you, 

  • Described the car to the best of your knowledge.

  • And did not deliberately hide information, mechanical problems or prior accidents.

  • Most state laws around the nation assume that private-party sales have a built in “as-is”, however, it will only make you feel safer to get that understanding in writing, make sure that both parties sign off before the transaction is complete.

   

 However, it is to your best interest to protect  yourself in writing and include an as is statement in the bill of the sale, or have the buyer sign a paper stating that he or she is aware that you the seller are not responsible for any future breakdowns.