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#9215391 - 12/21/17 03:06 PM When you sell a car privately
porschetr Offline
Post Master Supreme

Registered: 05/15/01
Posts: 20854
Loc: WBridge
Do you keep your insurance on until the buyer fully transfers the ownership?
My broker says I should have it on until they do.
If something happens while it's still under my name, it will come back to me...
Doesn't really make sense to me but that's what he says.

#9215396 - 12/21/17 03:08 PM Re: When you sell a car privately [Re: porschetr]
OracerO Offline
Post Master Sr

Registered: 10/07/02
Posts: 3812
Loc: GTA
I usually keep it insured till i sign the backpart of the ownership to the new owner. Then with a quickness call my insurance and cancel it.
#9215401 - 12/21/17 03:13 PM Re: When you sell a car privately [Re: OracerO]
titty sprinkles Offline
Post Master Supreme

Registered: 08/22/05
Posts: 13355
Loc: Toronto,Ontario
nope. soon as i can't see the taillights anymore i'll pull insurance. new owner should already have insurance on it if not then tow it.

Edited by titty sprinkles (12/21/17 03:14 PM)
2015 TLX
1994 turbo integra

#9215444 - 12/21/17 03:43 PM Re: When you sell a car privately [Re: titty sprinkles]
spd-dmn Offline
Post Master

Registered: 11/24/04
Posts: 2248
You used to be able to call/go to the MTO and ask for the car to be put under a sold status, that way there's a sold flag on it even if the new owner didn't register yet.

Could try that.. not sure if they still do it.

#9215482 - 12/21/17 04:10 PM Re: When you sell a car privately [Re: spd-dmn]
eddie_82 Offline
Post Master Supreme

Registered: 01/09/03
Posts: 32259
Loc: Ca�ada
Signed/dated bill of sale says “it ain’t my problem anymore”
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