When purchasing a new car with financing, the process of getting a title for a car is generally the same as when purchasing a new car in cash. The major exception is that the title will instead go to the lienholder (usually the lender), giving them the right to potentially repossess yo...
Note: at this time it’s helpful to double-check with relevant authorities before finalizing a purchase to determine any requirements such as taxes, fees, registration, etc. 2. File new paperwork Once you and the borrower have agreed on a selling price for the car, it’s time for the ...
We walk you through the steps a smart car buyer should take to remove intimidation from the process and end up with the best deal on the right used car.
How to Sign Over a Car Title with a Loan Transferring ownership is straightforward when only one name is on the title, but in many cases, a seller may have an outstanding loan on their vehicle, which means the lienholder or lending institution are listed on the title as having ownership ...
a check, getting a release can be simple if you sell your car to a dealership. Car dealers have the experience and resources to streamline the process. It gets trickier when you're making a private sale. You'll need to go to a branch of the bank or credit union with the lien and ...
If you need to break a lease on a car, it can be costly and difficult. Thankfully, there are other options. Transferring a lease is one option, you can buy your car outright or trade it in for a brand-new lease.In this post, we review the options if you want to break your ...
Whether or not a vehicle currently has an unsatisfied lien on it. Safety recall notifications from the vehicle manufacturer, which will inform you as to whether or not a vehicle may be safe to operate.Why would I need to perform a VIN check in Tennessee?A...
If, however, there’s also a bank or lender’s name on the title (referred to as a “lienholder”), this means you have an auto loan that has to be settled before you can sell. This complicates things, but it’s still possible to sell your car. Call your lender and ask how to...
The name and address of the lienholder (if applicable). Payment for all applicable new or used car title and registration fees. When applying for a DMV car title in Alaska, drivers must also present a valid driver license. If vehicle owners cannot visit a DMV office on their own, they ...
Tip #2 – Check your credit report Building a solid credit profile may help you get the best deal on your home loan. So, it’s a good idea to obtain a copy of your credit report before starting the home buying process. That way you can see what your credit looks like to potential ...