Hawaii Loan Agreement for Car
Description
How to fill out Loan Agreement For Car?
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FAQ
In Hawaii, most standard vehicle title transfers are primarily completed on the title itself; however, a bill of sale is required when the person selling the vehicle is not named on the car's title.
No, a bill of sale is not required for most private car sales in Hawaii. An exception to this is if you're selling a car that does not have your name on the title in Honolulu county, which requires form CS-L(MVR)40.
Generally, there is no 3-day cancellation period or rescission period once you sign the contract, so be sure that you want to purchase the car. There may be a written reference to a 3-day rescission period noted in your contract, but this applies only to door-to-door sales and not to the average car sale transaction.
All vehicles on Oahu are required to have a valid Registration, Certificate of Title, and State of Hawaii Safety Inspection Certificate. Description of each document can be under General Information below. Vehicle ownership transfer is NOT an Express Window transaction.
Remove Plates and Insurance Once you've completed the steps above, the last step when selling a car in Hawaii is to remove the plates before handing over the keys to the new owner.
Documents Required when Buying a Car in Hawaii The seller and you must also sign some sections of the title, and these parts include the odometer reading, the seller's name, and signature, and, if applicable, the lienholder information. From the seller, ask for a safety certificate and registration card.
To complete the transfer, the properly endorsed certificate of title, the current certificate of registration, and current safety inspection certificate must be submitted within 30 days to the motor vehicle registration office. A transfer fee of $5.00 will be assessed.