What should I do after I close the sale of my car?

What should I do after I close the sale of my car?

James Bell (Publisher, Auto Reviewer) gives expert video advice on: When should I cancel my insurance on the car I'm selling?; How should I clean my car before selling it? and more...

Once you've actually closed the deal on selling the car, you want to make sure that procedurally you get the insurance cancelled as soon as possible. It is very important to let your insurance know that you are no longer responsible for that vehicle. The other part of selling the car is somewhat an etiquette matter. Be respectful to the buyer: you've just gone through a negotiation process with this person, you've developed a level of rapport and trust with this person, so it might be good to keep yourself available. Mention to them if there's something they have a question about, you'll still be available to them over the next few days if they have questions. It's not something you want to open up for the next year, because obviously new wear and tear issues are not going to be your concern or consideration. I think it's just good etiquette, or just fair business practice, not to just take the money and run after selling your car, and don't violate that level of trust that you've established with your buyer.