- Car Finance Transfer Experts


For Buyers and Sellers of a FinanceBusters Integrity Pre-Owned Vehicle

Checklist Note: Buyers and Sellers please printout this checklist and make sure you have it on hand during every vehicle show & tell appointment. The Checklist is designed to prevent any negative transaction issues and to ensure the best possible buying/selling experience.

Add a checkmark after task has been completed


Make an appointment with a Seller to see the Vehicle that you are interested in

Print out a copy of the Vehicle Listing to bring to the appointment

Be certain to call the Seller should you have to cancel or postpone your appointment

During appointment, confirm vehicle options, odometer reading and finance contract figures are consistent with Listing

Upon satisfactory inspection of the vehicle, request a road test

Review CARFAX Report if available – if not available, Buyer can purchase a CARFAX Report as a condition of sale/transfer


Buyer and Seller to negotiate conditions of the Loan Transfer

Cash Incentives/Down Payments/Sales Taxes/Closing Date to be clearly identified

The cost of the Vehicle Inspection, Safety Certification and other pre-closing responsibilities to be discussed, determined and documented

Seller purchases any provincially mandated Used Vehicle Sales packages in order to transfer ownership from Seller to Buyer

Buyer and Seller drafts a bill of sale that documents all negotiated items

Buyer completes and signs a credit application to be submitted to Finance Company or dealership’s Financial Services office


The Loan Transfer transaction is conditional upon the finance company’s credit approval of the Buyer

Buyer and Seller must be fully aware that the sale will not close without credit approval of the Buyer


Credit approval is granted by finance company

Vehicle inspection is arranged and performed per the agreement between Buyer and Seller – the inspection will also include an Accident Inspection

All provincially mandated used vehicle sale documents are assembled by the Buyer and/or Seller


The dealership will play a vital role in the credit approval and Loan Transfer Contract signing

Buyer and Seller to meet at dealership to execute Loan Transfer documents as well as disburse cash incentives – if any (both Buyer and Seller must be present at the same time)

The dealership may or may not get involved with the collection of sales taxes or licensing; if they don’t, see next point:

After documents are signed, Buyer and Seller to meet at local Vehicle Licensing Office after Loan Transfer Contracts are signed to transfer the vehicle’s ownership and pay the sales taxes due

New plates are affixed to the vehicle and the vehicle deal and loan transfer is closed - Car Finance Transfer Experts


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