How to sell a repossessed car

When a person is seized a car, whatever the reason, it stops having total power over him so, in principle, he should not sell it. However, the DGT allows the transfer of a car, ie the change of ownership of the same, although on the car despite an embargo, so that the car could be sold normally. In .com we explain all the details about how to sell a repossessed car.

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The most important thing when selling a repossessed car is to make clear to the buyer this condition of the vehicle. It is convenient that you leave it in writing in the contract of sale, since otherwise the person who is going to buy your car can denounce you. If there is no written record of the embargo, you can not guarantee that you informed the buyer of this fact at the time.

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Far from this, the sale of a seized car is a process similar to that of a sale under normal conditions. After agreeing the price and signing the contract of sale with the buyer, you must make the transfer of the car in the DGT.

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You will have to request an appointment to carry out this procedure, after which the car seized will be in the name of the person who bought it. Check our article about how to transfer a car if you want to know all the details.

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In the DGT, at the time of making the transfer, they will inform about the existence of the seizure of the car to verify that the future owner knows of the existence of this cargo. It is up to the affected person to decide whether or not to accept the attachment. It is preferable that you report yourself to the buyer, to avoid having to be informed by the Administration of this fact.

In addition to receiving verbal information, in the DGT the new car owner will have to sign a paper in which he is aware of the embargo and that the official has informed him of it.

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In the event that the embargo has generated a seal order, the DGT will not allow the transfer of the vehicle, so in this case you can not change the owner of the car that is seized.

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As you see, there are many issues that must be taken into account regarding the process of buying and selling used cars. The existence of attachments or other charges are only a part. Read how to buy a used car to know much more.