How to Sell Cars for Cash From a Deceased Estate?

Selling used or old cars for cash demands a systematic approach to ensure that you get the best price of your car. However, things are doubly complicated when things come down selling cars from a deceased estate.

When an owner of someone has passed away, the vehicle owned by the person, much like the other possessions falls in the custody of the executor of the estate or will or a someone in relation to the deceased. The rules for selling such a car whose owner is deceased vary slightly from the rules of selling other old, scrap cars. On this page, let us discuss the rules to be followed, to sell cars for cash from a deceased estate.

Ascertaining the Value of the Car

Before taking any step, you need to ensure that you have a fair idea of the value of the car in question. There are several ways to know its price. However, the most authentic and the easiest way to do so is to get in touch with a reputed car wrecker. They are able to provide them with the right price of the car, depending on its age, make, model and condition. The professional wreckers have a sound knowledge of the spare parts of any vehicle, old or new, of any make and model. They use all their experience to gauge the condition of the spare parts and determine the perfect price of the car.

Dealing With the Documentation

When it comes to dealing with the car of a deceased individual, providing ownership is trickier, unlike other cases. To start with, the will executor needs to collect a probate, for transfering the car to the relative or the person it is willed. Next, you need to furnish the death certificate to the authorities concerned.

If there is a valid will in place, a valid government ID, a probate document, or a proof of ownership has to be provided. In case there is no will, the seller of the car has to obtain a statutory declaration, stating your relationship with the deceased. You can be the joint operation of the car or the next of kin. Before you sell the car, you need to obtain all the necessary documents, by taking time. Remember, things are more complicated in the case of selling the old car of a deceased individual, than it is when you sell your used car.

Transferring or cancelling the registration

In case the car is still registered, you need to either transfer the registration or cancel it. It is quite a complicated process, and a comprehensive one as well. In case the vehicle is unregistered, you need to fill in a vehicle sale form. If you have decided to sell the car to a car wrecker, get in touch with them once the processes are done with.

Last but not the least, you need to understand the liabilities and cancel all the remnants, before taking the final call. If you are planning to sell the car of a deceased person, you need to take steps that are different from what you do to sell your car. For that, you need to get in touch with Car Removals Canberra and ask for further suggestions. Call us to know more.