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Is it illegal to withhold a car title after the car is paid for?
Wiki User
∙ 11y ago
This depends on the circumstances and type of vehicle sold. In some auto manufacturer circles, selling a vehicle to a known auto broker exporter is a no-no and dealers will often hold a title for up to six months, to be sure the vehicle is not being "turned" for export. If the buyers name turns up on a exporter list, the car can be reclaimed as a violation of the sales agreement.
The laws in each state are quite tricky on this particular subject.
Other than this particular situation, if your vehicle has been paid for and funds have cleared, the title should be signed off and handed over. Anything less would be "curious".
Wiki User
∙ 11y ago
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Is it illegal to put less than you paid for on the title of a used car?
Yes. You have to pay sales tax when you buy a used car. The tax will be calculated based on the price you reported on the title, so if you report that you paid less than you did, you'll be charged with tax evasion.
Can a car seat be withheld by a title loan company?
My son has autism and his car seat was in my friends car that was reposed can they withhold my childs car seat
How do you get your car title from Bank of America?
The only way to get your car title back from the Bank of America is to pay of the loan that the title is collateral for. If the loan is paid off, they will send you the title in the mail.
Can you sale the car without the loan cosigner's permission?
If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.
If your car is paid off can you turn in the title for cash?
You can sell it for cash if you have the title.
How do you know if a used car is under finance?
Ask to see the title of the car... the seller must sign over the title to sell the car. The financing bank will hold the title until a loan is paid off, at which time the title transfers to the owner as proof the car is paid off.
Selling a car without a car title?
These type of transaction is illegal since there was no car title that has to be presented in selling that car.
Is it illegal to sell a car that you don't have a clear title to?
yes
Can you sell a vehicle if the cosigner refuses to sign off on the loan?
The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.
If your car was repossessed and you paid the loan off do you get the title?
If your car was paid off, then why was it repoed? Or if you mean you paid it off after it was repoed, then if the loan company accepted your money,then they have to give you the car and title back. I would call them and get it back or your money back.
How do you get a car title for your used car?
If it is paid off, see your local DMV.
Bought a car out of state but loan is with your bank Who receives the title?
The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.
