Gunmetalef

whos responsibility is it to provide the used car pakcage thing when your selling a used car... me (the seller) or the buyer

markpa

the seller

bbor-imported

neither.. depends on the agreement you guys make. Make sure you write everything on paper that both parties sign. That is the only thing that will stand up in court, if something were to happen...

gud luck

markpa

Are u selling your ef?

Nova_Dust

Used Car Package should be prepared by seller. You need to provide ownership and IDs. How the hell would a potential buyer to obtain that?

It is Safety and Emmission that can be done either by the seller or the buyer, who ever agrees to do it.

Gunmetalef

cuz the guys whos buying the car siad he wants to show the banks omething so he gets the loan or soem crap so he told me to get that so he can get te loan for the car

i'll get one later i guess if i ned it

Nova_Dust

Used car package is a literally 5 minute work. Go to MTO office and it is that simple. 20 bucks and it shows you 2 quotes, 1 is retail, and 1 is base price (I forgot the terms) and depending on the KM you supplied, that value will change.

Gunmetalef

so it says on there what THEY think its worth.. generally lower or higher? cuz i'm selling more than whats its worth.. i think

bbor-imported

1 Shows retail, the other shows wholesale.

if its an old car, it's wortgh as much or as little as someone would pay for it. Goes by market value, condition, and supply vs. demand.

Nova_Dust

Thanks Rob. That's right, wholesale and retail.

Obviously, wholesale is a lot cheaper and your asking price could be higher than the retail value, if your car is in a better condition, less mileage and whatnot. The package is really a reference only. I suspect the bank just wants to get a ball park figure.

bbarbulo

iTrader: (2)

seller's responsibility, but I've bought many cars w/o seeing the UVIP.

Gunmetalef

ye i got it today.. the value is lower than what i expected but all is cool... i'm gonna give it to the buyer tommorrow.. thanks guys

imported_kIeRaN

so ure selling your car?

Nova_Dust

You don't need to give it to the buyer, just photocopy it if all he is doing now is just to show the bank.

imported_Zyepher

Dan! are you selling the winnobago?

imported_redeYelove

You pay tax on the blackbook value.

Nova_Dust

The buyer pays the tax, I believe.

imported_alwaysoverkill

buyer pays tax on the wholesale value of the car as shown in the UVIP, but only one tax if private sale, think it was 7%, could be 8% but its one or the other.