2006-06-30 09:54:42 · 4 answers · asked by gazelle 1 in Cars & Transportation ➔ Buying & Selling
As per DMV regulations in Texas, the lending institution holds the title until the auto loan is paid in full. If you require the title to register you vehicle in another state, the lending institution will provide a letter MAILED DIRECTLY to that DMV, which should surffice.
2006-06-30 10:35:21 · answer #1 · answered by sfcjcl 5 · 0⤊ 0⤋
Did you buy it outright? He should have given you the title right then. Otherwise, if it is financed, then the loan company (which in some cases is also the dealership) keeps the title until you have paid off the loan. If you bought it outright, I would take him to court. I sure hope you saved all the paper work.
2006-06-30 17:04:23 · answer #2 · answered by Jen S 2 · 0⤊ 0⤋
Did you pay the whole amount?even though you owe they should be able to provide you the title with lienholders name on the title.
2006-06-30 17:05:02 · answer #3 · answered by sudhirnayak@sbcglobal.net 2 · 0⤊ 0⤋
You should sue him....
2006-06-30 16:59:29 · answer #4 · answered by Peter R 2 · 0⤊ 0⤋