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When to make payment for an used car

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Hi, I am about to buy an used car from a private owner. I would like to know at which point I should hand him the money? After car inspection at DLT? I understand that I would not get the revised Blue Book on the same day of the transfer, right?

 

Thanks.

Ideally yes....hand over the money after everything checks out at DLT,return the following day for your updated Blue book :thumbsup:

 

I would hand him the money at the office where you are transferring the Blue Book Also before you hand over the fund have him issue a receipt to you signed my him stating he has received the funds 

14 hours ago, petermik said:

Ideally yes....hand over the money after everything checks out at DLT,return the following day for your updated Blue book :thumbsup:

 

Can be done the same day.

7 hours ago, janpharma said:

Can be done the same day.

with "inducements" yes :sleepy:

  • Author

What about the annual tax and insurance? Both for this car are good until next year. Are they transferrable? Or do I need to pay tax at the DLT and buy new insurance?

Could be helpful to say which DLT you will be using.

Someone may know the procedures at that specific office

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