I want to purchase a car with a down payment and pay the rest in payments but how can I register the car in my name if I do not have clear title. The seller has agreed to sell the car to me and I am requesting to at least see the title to ensure it is clear. What are my legal rights?
2006-07-16 14:03:20 · 8 answers · asked by texbuyer 1 in Cars & Transportation ➔ Buying & Selling
You can register the vehicle in your name.........procedures vary from state to state........when you buy a car from another person , the title is processed through the DMV, you pay the taxes, tag, title fees, etc, and then it is titled in your name, and the seller is noted on the title as a lein holder and the title is usually held by him. When the vehicle is paid off in full, the seller signs the title to release the lein, and you receive a clear title. When you make payments, be sure you obtain receipts for your payments and keep them as proof for that is the only proof you have for your payments. If the seller accepts personal checks as payments, keep the cancelled checks along with the receipts and that is definite proof of payments. A cancelled check is also a receipt as well as a legal document. I commend you for wanting to see the title before you commit to buy, because a seller cannot legally sell a car with a title having a lein on it. The ways this is done varies from state to state
2006-07-16 14:28:36 · answer #1 · answered by bobby 6 · 0⤊ 0⤋
They will send you a title in the mail about 10 days after you make the down payment. It will have a lien against it, meaning you will not be able to sell the car. When the car is paid off they will send the title release and you can go to the tag office and have the lien removed. At least that is the way it is done in OK.
2006-07-16 21:37:41 · answer #2 · answered by The Nana of Nana's 7 · 0⤊ 0⤋
Depending on your state of residence, usually you will apply for a title in your name when you register the car, but it will have a place on the title noting that there's a lien on it and usually specifying the company that, in effect, actually owns the vehicle until you've paid it off. At which time, the loan company will sign off on the title and you can now apply for a clear title. In some states the lender physically keeps the actual title certificate while in other states you have possession of the paper title as I've noted above.
2006-07-18 00:18:24 · answer #3 · answered by Bob G 1 · 0⤊ 0⤋
The seller needs to send the title to the court house so that you can title and pay taxes on your car, and then the Court house will put a lien on the car and send it back to the lien holder until you pay it off in full. after you pay it off in full they will send it back to you or the court house to have the lien taken off the title. which at that time you will be issued a new title with no lien. You can request also that the seller give you a photo copy of the title.
2006-07-16 21:15:25 · answer #4 · answered by sondrafry49 1 · 0⤊ 0⤋
Payment in full. The car can't be registered in your name unless you go through a personal loan officer WITH the seller.
2006-07-16 21:08:17 · answer #5 · answered by carolinagrl 4 · 0⤊ 0⤋
You should get the title with the seller as leinholder...Don't take the car without it !
2006-07-16 21:08:01 · answer #6 · answered by Gizmo 4 · 0⤊ 0⤋
You only get a copy of the title.Then the original when it is paid off.
2006-07-16 21:08:36 · answer #7 · answered by ? 4 · 0⤊ 0⤋
When the note is paid off
2006-07-16 21:07:20 · answer #8 · answered by peggy k 2 · 0⤊ 0⤋