Specify if it's via Zelle, Cashier’s Check, or Cash (always get a receipt for cash!). C. The "What Ifs" (Protection Clauses)
Buying a car through private payments (owner financing) is a "handshake deal" that needs a paper trail to protect both sides. If you don't have a solid contract, you risk losing the car, your money, or ending up in a legal mess. 1. The "Big Three" Essentials
Year, Make, Model, Color, VIN, and current Odometer reading. B. The Payment Schedule (The "Meat") Total Purchase Price: The agreed-upon amount. Down Payment: Amount paid upfront and date paid.