05-07-2015, 07:52 PM
Speedy wrote:
I take cash but am not concerned about counterfeiting because I verify transfer and ID at the DMV. I state in my Craigslist ad that we must go to the DMV office (which is less than four mostly-country miles away) to complete the transaction to make certain the vehicle is transferred because if the transfer does not take place I am responsible should the vehicle be in an accident. Some people will wait to transfer as long as possible to avoid the excise (sales) tax. I would also be responsible for any fines due to failure to get license plates when next due. We exchange cash at the DMV.
In CA the transfer is deemed complete when the transfer paperwork has been completed by the seller and filed with the DMV.