HOW TO sell a car privately and sign over a Massachusetts Title. The Dos and Don'ts..

HOW TO sell a car privately and sign over a Massachusetts Title. The Dos and Don'ts..

You've got one shot, so be careful! Use the image below to know which part of the back of the title to sign and print. It's important you use a black or blue pen. When drafting a bill of sale (sample below), Massachusetts does not require it to be notarized, but does require the sale price of the vehicle to be on the document.

Leasing an Exec Demo or Loaner Car

Leasing an Exec Demo or Loaner Car

“It’s only got a couple thousand miles on it!” 

You’ve probably heard someone tell a story about the fantastic deal they got on their last car lease by picking a demo model or “manager’s car”.

The truth is, an executive demo just means that car was used for test drives. Plain and simple. (Even if one of the managers drove it home every night!)

Executive’s aren’t driving the base model 3 Series or C300.

Realistically speaking, it’s NOT a bad deal at all. You get a couple thousand more discount on average, and they start your miles at 0, not including however many the car left the lot with.

Speaking of mileage...  

If you’re thinking of driving 12,000 miles/yr or more, your likelihood of performing brake or spark plug service is a lot higher before lease end.

Not to mention, who knows how the car was driven, who it was driven by, and exactly what sorts of craziness it was put through during test drives.

Definitely rule out buying this vehicle at lease end. That’s a certainty! 

Exec Demos and Loaners lease out well, yes, however, they do not belong on the same deal table.

When negotiating an exec demo or Loaner, act as if you’re doing the dealership a favor.

Why taking the promotional interest rate could be a bad idea.

Why taking the promotional interest rate could be a bad idea.

Before I say anything, kudos to Honda for giving its customers the best rate and best rebates out there. 

Now for the rest...  

C'mon...  0.0% and no $2000 discount? or... $2000 discount and 4.9% interest?


So if I did the math correctly.... 


You guessed it! 

You got jipped! 

I'm not saying most of these incentives are not valid. Don't get me wrong.

It's really all up to you to take full advantage of them.


If you know you're going to be paying in cash, don't be tempted to finance and miss out on the cash rebate!

Similarly, if you're tempted by the rebate, and are being told you "need" to finance through the dealership to qualify for the rebate, ask to speak to a manager.

Chances are, they don't want you to find a lower rate at your own bank and couple it with the rebate!  

In a recent situation, I was able to take advantage of a heft manufacturer cash rebate, and have the dealership match and secure the same offer from the customers credit union.

He shaved off a whole percent off the promotional APR, AND, took advantage of the rebate. 

APR is everything in a finance deal!

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