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iLusso Transaction Process (Title in Hand)
iLusso is a trusted leader in the automotive industry with over 3,000 customers and over $4 billion dollars in transactions. iLusso buys and sells over 200 exotic cars a month.
iLusso Transaction Process:
Now that we have agreed on a number, we would like to explain to you how our process works step by step.
We will need you to send us a picture of your driver’s license, current registration, along with the front and back of the title.
- Your Driver’s License
- Current Registration
- Front of the Title
- Back of the Title
Once we get those pictures, we are going to FedEx Overnight you two documents to sign. The first one will be our Hitfigure Purchase Order, which will show the agreed upon number. Hitfigure is the LLC company for iLusso. The second document will be a DMV Vehicle Transfer and Reassignment Form (262 Form). We will have all the necessary fields filled out for you and they will just require signatures in the highlighted spots.
We Send You:
- Hitfigure Purchase Order
- DMV Vehicle Transfer and Reassignment Form
Our FedEx Overnight will include a return envelope for you to overnight the documents back to iLusso. Once everything is signed, we ask you send us back both signed documents along with the vehicle title. The title of the car DOES NOT need to be signed. We use the DMV 262 form rather than signing the back of the title because if a 262 form gets signed in the wrong place by accident, we can just mail over a new 262 form. If a title is signed incorrectly, it requires getting a new title from the state DMV which can take months in some cases.
You Send Us:
- Signed Hitfigure Purchase Order
- Signed DMV Vehicle Transfer and Reassignment Form
- Not Signed Title
Once we receive those back, we are now ready to send you payment.
There are two options for payment. We can overnight a check or wire money directly into your account. When you receive check or wire, we will schedule a time for a transport company to come pick up the vehicle.
Example of Forms: