Hello, I am selling my truck for 30k, a dealership is buying it and they are giving me a cashiers check, trying to avoid

Question

Hello, I am selling my truck for 30k, a dealership is buying it and they are giving me a cashiers check, meeting at bank. My question is, should I write a bill of sale myself and a AS IS contract in word or have them just fill out the 262 Reg form from the DMV? I am just trying to protect myself from a scam or bad intentions after the sale. Thank you

James L. Arrasmith · Answer

When selling your truck to a dealership in California, it’s important to ensure that all documentation is clear and protects your interests. The DMV Form REG 262 (Vehicle/Vessel Transfer and Reassignment Form) is a standard form used for such transactions and includes sections for odometer disclosure, bill of sale, and transfer of ownership. It is typically sufficient for most vehicle sales, and the dealership should be familiar with it. 
 
However, adding a simple "As Is" statement in the bill of sale or as an additional clause in your contract can provide an extra layer of protection. This statement clarifies that the vehicle is being sold without any warranties, and the buyer accepts it in its current condition. It’s a good idea to have this documentation in writing, even if it’s just a short paragraph added to the standard form. 
 
Meeting at the bank is a wise decision for verifying the cashier's check and ensuring that the funds are legitimate. This step, along with properly completed and signed paperwork, will help protect you from potential scams or misunderstandings after the sale is completed.

Q: Hello, I am selling my truck for 30k, a dealership is buying it and they are giving me a cashiers check, trying to avoid