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Hey guys. I was hoping someone here could help me out.
I'm looking to buy a motorcycle off a private seller. I understand I'll need to transfer the title to my name, but what other things should I look out for to protect myself from any malfeasant fraud? Should I create a bill of sale? I know I should check to see if the seller has the title in hand with a matching VIN and name on registration.
But when I go into the DMV to register the vehicle in my name, what else would I need besides the title, insurance card, and registration application? Also, if I claim the bike was given to me as a gift, would I still have to pay tax?
I've never purchased a vehicle through private channels before. Any information would be appreciated.
Oh, BTW...this is all in New York State.
Thanks!
I'm looking to buy a motorcycle off a private seller. I understand I'll need to transfer the title to my name, but what other things should I look out for to protect myself from any malfeasant fraud? Should I create a bill of sale? I know I should check to see if the seller has the title in hand with a matching VIN and name on registration.
But when I go into the DMV to register the vehicle in my name, what else would I need besides the title, insurance card, and registration application? Also, if I claim the bike was given to me as a gift, would I still have to pay tax?
I've never purchased a vehicle through private channels before. Any information would be appreciated.
Oh, BTW...this is all in New York State.
Thanks!