I had this happen. You won't get a title from the dealership or the bank until the car is fully paid for. If you have completely paid for it, go to the lender and wait for them to to produce it. Usually it comes to you pretty quickly.
If you paid cash, find out if the DMV knows where the title is and ask the dealership to provide proof they have a copy of the transfer paperwork showing the DMV has processed the title. Without that, you could have a situation where the dealership has not paid the bank for the car and their bank still has the title. This would be a big problem, and in this situation you could file paperwork with the dealership licensing division, indicating a title fraud problem. I hope this isn't the case.
Yes you can if you really want to or bring it to court.
Go to the state Motor Vehicle office, where you would normally register a vehicle. There may be extra steps to take to get title for a salvaged vehicle. Don't buy cars without getting a title. EVER. If the car was stolen you may have to return it.
To find out if your vehicle has a lien, you can check the title or contact the lender who provided the loan for the vehicle. A lien indicates that there is a financial interest in the vehicle by a lender until the loan is fully paid off.
You cannot return the vehicle for a refund. Unless you signed the title when you bought the vehicle, you really can't be sure the dealership had the title. The title may have to come directly from the state issuing the title. If you bought the vehicle used, there may have been a payoff on it and the title will have to come from the lender of the previous owner. If you bought it new, they would have to send the MSO to get the license plates and it will come from the state agency of motor vehicles. The dealership does not supply the title of a vehicle. If not purchased from a private party or in some cases, paid for in full, the buyer must take all the information, bill of sale, and so forth to the DMV, register the vehicle, pay sales tax and licensing fees, and a title will be mailed to the buyer with the lender shown as lien holder or a clear title, meaning the vehicle is solely owned by the person(s) whose names are shown on the title itself.
There is no return law on a vehicle purchased in Indiana or any other state. You bought it and you own it. The only way you legally can return it in Indiana is if the dealer does not provide you with a title in 21 days. You then must demand the title in writing and the dealer has another 10 days to supply you with the title. If you do not get it after that time period you can return the car and demand a refund.
Bankrate.com list the average 36 month car loan at 6.44%
To obtain a dealership title for a new vehicle purchase, you need to complete the necessary paperwork provided by the dealership, including the bill of sale and application for title. You will also need to provide identification, proof of insurance, and payment for any applicable fees. The dealership will then submit the paperwork to the appropriate state agency to process the title and registration for the vehicle in your name.
LP on a vehicle title in Iowa stands for "lienholder processed." It means that there is a financial interest or lien on the vehicle, typically from a lender who provided a loan for its purchase. So, in simple terms, someone still has a claim on that car until the loan is paid off.
Do not keep the title to your vehicle in the vehicle. Keep it in your home somewhere safe.
If the vehicle has a lien, the title shouldn't be lost, the lienholder should have it. Once the vehicle is paid in full, they will mail you the title.
To remove your name from a vehicle title with the CA DMV, you will need to complete a transfer of ownership form and submit it to the DMV. This process typically involves filling out the necessary paperwork, paying any required fees, and providing proof of the transfer of ownership. It is important to follow the specific instructions provided by the DMV to ensure a smooth and successful transfer of the vehicle title.
what is the title number of this vehicle?