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A dealer will give you a dealers report of sale, which you then take to the DMV for registration purposes. The state will mail you a title with your name on it, but only when the car is paid off. If they hand you a title at the dealer it is an unreported sale and not allowed, you wont be in trouble but they can be.
The above statement is most likely true, IF you live in the same state as the person who answered you. The way titles are handled varies from state to state. Here is how things are handled here in Wisconsin.
The person who purchases / signs for the vehicle is given the title, regardless of how it was financed. If you get a loan for the car, the title will not only have your name on it, but also the bank/credit union/lender you received the loan from. This is known as a lien. When you have paid off the loan, the lender will either send you or give you a "lien release card," which you can just keep with your title, or they will stamp the title "PAID." If you get a loan release card (most common,) you can simply paperclip it to your title, and it's the same thing as if your title was "clean." If you prefer to have the lender's name removed from the title, you must either visit a DMV Service Center (instant, but for a fee), or send in the title and the release card to the DMV (up to 6 weeks, but free.) If they stamp the title, it must have the name of the financial institution (lender) that you got the loan from, the lien release date, the signature of the person who stamped it, and their position with the company.
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How long does a dealer have to give you a title?
As soon as the vehicle is paid in full.
How long does a dealer have to give buyer licenses plate?
Usually it is up to the buyer to register and buy plates for their state for a newly purchased automobile. This is not the dealers responsibility.
You bought a car at an auction how long does the dealer have to give you a title?
5 weeks It will vary depending on where you are at. Kansas says 30 days.
Can you get in trouble for not telling a buyer that your car has problems as long as he signs the title?
yes
Who send motorcycle title and how long does it take when buying from a dealer?
The dealer. Is the one who send. The title to other same state. And normally. They take about 6 or 8 weeks
What constitutes the sale and legal transfer of ownership on a vehicle how long does it take and what is DMV's role?
You can sell a car for any reason. There doesn't have to be a reason. The owner signs the title over to the buyer. They buyer then takes the title to the DMV and gets the title into their name. The buyer may have fees or taxes charged to them. They can find out what they will be before buying the car.
How long can a buy here pay here dealer hold your car after repo?
A car dealer can hold a repo as long as he is the lien holder on the title.
Are you legally obligated if you turn a used car over to the buyer before the title is in his banks name?
Yes !! Until the new buyer re-registers the vehicle into his/her name, YOU are legally liable for any damages to people or property as long as your name is on the title. Best to hand carry the title with both seller and buyer to the motor vehicle office and get this done before handing over the keys.
Is there a law that states that a dealership must tell the buyer that the air bag have been deployed?
No, as long as the air bags have been replaced the dealer is under no obligation to inform the buyer they were replaced. However if they were not replaced then it is illegal for the dealer to sell the vehicle. A carafe report will tell you if the SRS was deployed.
In Texas how long do you have to return a used car to the dealer?
Look at your rental agreement. It spells it out.
I sold a car and paid off the bank that had the title with the buyer's cashiers check Title was released but stated wrong miles from the car odometer reading buyer wants his money back?
This situation depends on the state you live in and how long you have lived there. If the state has a buyer's remorse law, they may be able to return it. Most states do not have consumer protection for used cars and it is a no warranty situation as well as a buyer's beware situation.
Is ok to sell somebody a commercial truck that is salvge or been wreck with a clear title?
Yes, so long as this information is disclosed to the buyer.
