What Do I Do When I Want to Trade in My Car But Can't Find the Title?
If you can't find your car's title when you want to trade in the car, you can apply for a duplicate title at a state motor vehicle office. Because some states do not offer an instant title option, you may have to wait, or prolong your car purchase to wait for the title to arrive. Your dealer may also be able to help if you're ready to buy.
Other People Are Reading
-
Get a Duplicate Title
-
To simplify the trade process, go to a motor vehicle office to obtain a duplicate title before you shop for a car. Or, if your state offers an instant title, purchase one right away. Some states may take several weeks to process paperwork and send a title replacement. Call your state motor vehicle department to find out its process so you can plan ahead. Expect to pay a fee for the duplicate title and even more if your state offers a "rushed title" option, which speeds the process.
Lien Release
-
Your dealer may be able to work with you to obtain a title, or you may even find you can get one quickly yourself. However, you'll also need a lien release if your title lists a lien holder and you already satisfied the loan. Dealerships must pay off existing loans to take possession of a trade-in vehicle. A valid lien release is required for this. Obtaining the release may prove more of a hassle than obtaining a title. If you've paid off your loan, call your lender to get another lien release.
-
Dealer Options
-
If you've already picked out a car and realize you can't find your title, let your dealership know. Most are authorized to process motor vehicle paperwork; some can obtain a title on the owner's behalf. Likely, the dealer will ask for proof that you're the vehicle's titled owner and check to find out if a lien exists. Expect to pay the same fees at the dealer as you would at a motor vehicle office, although some dealers may require a rushed title. You may be asked to sign a power of attorney form, which allows the dealer to receive the title and sign it on your behalf.
Warning
-
If your dealer won't accept your trade without a title and lien release, you may lose the opportunity to purchase the vehicle you want. Although the dealer will still sell you a car when you have the proper paperwork, you may lose out on manufacturer rebates or find the dealer won't hold the car for you during the time it takes to receive a duplicate title. Going forward, keep your title in a safe place to eliminate future hassle.
-
