Selling your used car in Calgary can be a great way to earn some extra cash, but the process can seem daunting, especially when it comes to tackling the required paperwork. Here is a step-by-step guide on how to sell a used car in Calgary smoothly.
The first step in the process is gathering the necessary documents. You need to have your Registration Certificate, which proves that you own the vehicle. If you have lost this, you can get a duplicate from any registry agent in Alberta.
Next, you need a Bill of Sale, which outlines all the vital information about the car, such as the make, model, year, VIN, and the agreed sale price. You can find a standard form for this on the Alberta government’s website.
Lastly, you need the Vehicle Information Report that provides a car history, including any incidents or damages. You can purchase this report online from CARFAX Canada.
Transferring ownership in Calgary is easy once you have the paperwork sorted. The Alberta Bill of Sale must be filled out, signed, and kept by both the buyer and the seller. Making two copies is recommended, one for the buyer and one for the seller.
It’s also advisable to understand the sale agreement entirely before signing, particularly if additional terms and conditions exist.
In Alberta, license plates are associated with the owner, not the vehicle. Therefore, as a seller, you must remove your license plates when selling your car. The plates can then either be returned to a Service Alberta center or used on another vehicle.
Next, it’s time to notify your insurance company about the sale so they can cancel your vehicle’s insurance. You can usually do this by calling your insurance company and providing them with the sale date and the Bill of Sale.
Selling a used car in Calgary may seem complicated when seen from the outside. However, with some preparation and following these steps, you will find it easy to manage. Remember, each part of this paperwork is meant to protect both the buyer and the seller, so don’t feel intimidated by it.
Also, although not legally required, consider having your vehicle inspected and providing the buyer with a mechanical fitness assessment. It might increase your vehicle’s appeal, potentially fast-tracking your sale.
Keep these steps in mind, and you will navigate the process of selling your used car in Calgary smoothly and successfully.
Image Credit: Canva.com
Our dealership has been Serving Calgary Alberta since 2013.
We specialize in used cars and always try to get the best deals for our customers.
Award-winning, family owned car dealership of pre-owned vehicles with several locations across the city. Lowest prices and the best customer service guaranteed.
Feel free to contact us and test drive one of our cars today. We value your business. Referrals are welcome and remember we pay cash for referrals.