Prior to making a car purchase, conducting thorough research becomes inevitable. The pre-purchase research process becomes confusing when you plan to make an out-of-state car purchase in Missouri. But, remember that making an out-of-state car purchase is beneficial because it enables you to expand your market and helps you to shop at a lower price.
Another reason for choosing it is the small size of Missouri State. It is ranked as the 18th most populous state of the nation, comprising of 114 counties and one independent city. The statistics show that the state is not densely populated as other states of America. Low population limits your car buying options. So, making an out-of-state car purchase proves to be a viable option for car buyers of Missouri.
How to make a Successful Out-of-State Car Purchase in Missouri?
· Transfer of the Title
One of the most essential steps of buying a car from a different state is to transfer the ownership of the car through the means of a title registration. A bill of sale is the most important document to show the transfer of ownership. The stipulated time to complete the title transfer process is 30 days. In order to complete the process, you will have to visit the office of Missouri Department of Revenue. The required documents to complete the process of title transfer include a bill of sale, an application for the Missouri title and license (Form DOR – 108) and Vehicle Identification Number.
· Safety Inspections
Once you make an out-of-state car purchase in Missouri, you will have to conduct safety inspections of the car. The Missouri State Highway Patrol is the concerned body that regulates the safety inspections in the state. It is mandatory for you to conduct a safety inspection of the car that you purchase. The safety inspection will check the working condition of the following:
– Brake system
– Headlights and turn signals
– Horn system
– Airbags, etc.
Once you have completed the safety inspection of the car, you will receive a certificate of Inspection and Approval. The Missouri Department of Revenue will require it for registering your car. A safety inspection is essential as it will make you aware of the damages.
· Accurate Odometer Report
While purchasing a car from outside of Missouri, make sure that you consider its odometer reading. In case you are buying a used car that is less than ten years old, you should ensure that the title assignment includes an odometer reading of the car. According to the rules prevalent in Missouri, if you have an out-of-state title, you are required to fill an odometer verification form and obtain the Vehicle Identification Number from the seller. Therefore, make sure you verify every document before finalizing the deal.
Making an out-of-state car purchase multiplies your car buying options. If you opt for it, you can choose the car which is available in a different state at a cheaper price. But, before making the decision, refer to the above details and make a successful out-of-state car purchase in Missouri.