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How to Sell a Car in Maine?
There are three main ways to sell your car in Maine:
Jump to: Sell Car Privately
Jump to: Sell Car to Car Buying Website
Jump to: Sell Car to Dealership
Turnaroud | Effort Needed | Best For | |
---|---|---|---|
Privately | 7-14 days | Most | Used cars |
Car Buying Website | 24-72 hours | Fill online form | Junk and old cars |
Dealership | 7-10 days | Visit office | Mostly new cars |
Sell Car Privately in Maine
To sell your car for the most price, you need a step-by-step guide to avoid being overwhelmed when selling your car or truck. Here is a step-by-step guide to you sell your car quickly for the most price in Maine.
Requirement to Sell Your Car in Maine
- VIN (Vehicle Identification Number)
- Your signature, name, and address
- Seller’s signature name and address
- Maine Certificate of title
- Notarized signature and documents
- Odometer disclosure
Step 1: Vehicle Inspection
A certificate of title is a crucial document when selling your car. In case the vehicle has an alien in the title, the lender must show interest before the sale of vehicle advances. To achieve this you can pay off the car or ask the lienholder to provide a letter of lien release.
Step 5: Bill of Sale
- Details of the vehicle being sold
- Address, name, and signature of the buyer
- Address, name, and signature of the seller
- Odometer reading at the time of dale
- Date of sale
- Vehicle purchase price
- Year, make and model of the car
- VIN
After filling the document, make a copy and keep it in your records. It will act as evidence that the car was transferred legally.
Step 6: Transfer Title
In case you have lost your vehicle title, you can fill out form MVT-8 to get a duplicate of your original vehicle title. In addition, you will be charged a $33 duplication fee and an additional $10 service fee to help process your document.
Accurately filling out a transfer will make it easy for the buyer to acquire a new license plate or transfer the vehicle.
You are both required to fill a section at the back of the title. The information that should be included are;
- The legal name of the seller and buyer
- Address and signature of the seller and buyer
- Date of sale
- Purchase price
- Odometer reading
Moreover, if your title does not have an Odometer section, you will provide a separate form to complete to help you update the odometer reading on your current title. The form you will be given to fill out is form MVT-32. In the event that the title is co-owned, all persons listed in the title must sign.
In addition, when gifting your relative your car, follow the above procedure when transferring the vehicle owner. If you want to inherit cars from parents, relatives, or grandparents, the process above still works.
However, you must complete and file inheritance documentation with the county office and submit it along with information about the vehicle to be transferred.
Before selling your car, it is advisable to do background research to avoid underpricing or overpricing your vehicle.
Step 7: Signing the Title
To sell your vehicle, Maine motor vehicles laws indicate that you must sign the title in the presence of a notary. Failure to sign the title will lead to the state declaring that the sale of your vehicle is valid.
Step 8: Remove Plates
After the sale of the vehicle is complete, you can remove your vehicle plate. Also, Maine requires that you complete a Vehicle Sold Notice to notify them that you have sold your car. Sold notification should be filed within 21 days after the sale of the vehicle is complete.
You hand over the plate to Maine license officials or use it on any of your vehicle titles. Additionally, you can complete a notarized Plate Cancellation Request (form MVR-60 to officially cancel all your license plates.
Step 9: Cancel Insurance
Once you have sold your vehicle, make sure to cancel your vehicle insurance so that you don’t continue insuring a car that is no longer in your possession.
Sell Car to Car Buying Website
Peddle, CarBrain or Wheelzy lets you sell your vehicle online with virtually zero hassle.
All you need to do is provide some details about your vehicle, receive an instant quote, and then accept the offer in order to get free pick up within 24-72 hours and get paid.
Peddle
How Much Peddle Will Pay for Your Car in
The table below shows few of the cars Peddle has recently purchased in Maine
Make | Year | Offer Value |
---|---|---|
Subaru (Outback) | 2008 | $1080 |
Volkswagen (Jetta) | 2014 | $1040 |
Subaru (Forester) | 201 | $975 |
Wheelzy
How Much Wheelzy Will Pay for Your Car in Maine?
Here are a few examples of Wheelzy’s recent purchases:
Make | Mileage | Year | Offer Value |
---|---|---|---|
Toyota (Rav4) | 200,000 | 2006 | $1600 |
Mazda (Tribute) | 250,000 | 2006 | $216 |
GMC (Envoy) | 200,000 | 2003 | $200 |
CarBrain
Sell Car to Dealership
Another way to sell your car quickly and fast for the most cash is by selling it to dealerships. Most car dealerships are known to provide fair and competitive car selling prices to sellers. Nonetheless, you must conduct a background investigation to know the cost of your vehicle.
Many dealerships will inspect your car and provide a quote depending on your vehicle’s make, model, mileage, and current condition. Once you receive the offer, you will have some time to review it before accepting or declining the offer. If you accept the offer, you need to drop your car and receive your payments at dealership offices.
Best dealerships in Maine
Sell Car in Maine FAQ
How much will I pay when transferring my plate license to other cars I own in Maine?
You will be charged $8 for transferring your plate license to other cars you own.
Are dealers allowed to give a 30-day warranty after selling cars in Maine?
Maine does not have a law in place regulating vehicle warranties. However, most dealers provide buyers with standard written warranty coverage. Therefore be keen to know the length of your dealer’s warranty.
How much sales tax does Maine charge
You will be charged a sales tax of 5.5% of the original retail price of the vehicle.
What are Maine requirements to sell your car?
You will be required to have proof of insurance, vehicle title, odometer reading, and VIN, among other
How much is car title transfer in Maine?
Title transfer costs $33 in Maine.
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