Is it legal for a car dealer to hold the title?
Is it legal for a car dealer to hold the title?
While the law is clear, he said complex financing systems tempt dealers and lenders into taking shortcuts. If the dealer has borrowed the money to purchase the car, the lender may hold the title. Until the lender is paid, it often will not release the title. As a result, the buyer is told he may have to wait a week or more to receive the title.
When to ask for title of used car?
If you buy used a car from an individual or a dealer, you should have the vehicle’s title in hand before you drive the vehicle away. Not getting the title up front can lead to big problems. For starters, you should ask to inspect the title before finalizing the deal.
What was the name of the movie about a used car?
This article is about the film. For the general idea of a used car, see Used car. For the song, see Nebraska (album). Used Cars is a 1980 American satirical black comedy film written by Robert Zemeckis and Bob Gale and directed by Zemeckis.
Can you buy a car without the title?
If you are buying a car from a dealer and the salesman says he will mail you the title, it’s probably best to keep looking. You can’t even be sure the dealer owns the vehicle unless you see the title.
If you buy used a car from an individual or a dealer, you should have the vehicle’s title in hand before you drive the vehicle away. Not getting the title up front can lead to big problems. For starters, you should ask to inspect the title before finalizing the deal.
Is there any money set aside for Chrysler?
It also doesn’t typically set aside the same kind of development cash for the brand that it would for, say, Dodge or Jeep.
What’s the best thing to happen to Chrysler?
One bright spot for Chrysler is the number of manufacturers who have abandoned the minivan altogether. Most domestic brand snubbed them long ago to prioritize crossover vehicles, leaving a handful of Asian brands and the Pentastar to fight over a fairly small corner of the auto market they don’t really need to share.
Why did the previous owner never sign the title to the car?
The new owner gets the title, but the previous owner avoided sales taxes, transfer fees, and registration fees by never registering the car in their name. This process was originated by shady car dealers who wanted to avoid paying taxes.