If your car is financed....
 

Do you get the title or does the finance company keep it until it's paid off (US)?

yes, we can't find the title for the totalled car........we just stack paperwork and it's not where we thought it was....... so a date would help...... Beest thinks we had it from the get-go, I have a vague memory of getting it when we made the last payment.....

yes, we are that messy. Guess we might try to be less so in future.....

We do have a fireproof box for important docs. It's still in its box...

You may both be right. When you bought the vehicle you should have gotten a title with the lien holder listed. When it was paid off you may have gotten a corrected title with the lien holder removed; though, it's not always required to do so.

In Indiana you get the title to sign but it goes to the state to transfer and then to the lien holder.The BMV gives you a registration cert. When the car is paid off you get the title.

thanks, much appreciated.

Mine too, was originally sent to the bank and mailed to me when the loan was paid off.

My wife had to get a new title to her car recently (it's still sitting here on my desk), and the process was very easy.

Depends on the state. Most states have one title that the bank gets. You get it with a lien release letter once it is paid off. New york and maryland have dual titles. One goes to the bank, the other to the owner with the lien info printed on it.

I can look in my NADA book tomorrow and tell you what Michigan does.

Try dmv.org for info.

http://www.dmv.org/mi-michigan/repla...lost-title.php

thanks. off to have one last trawl through the bureau where it ought to be......

If you lost the title, you can get a replacement. In Florida, it costs $75 for an electronic copy, an additional couple dollars for a paper one. Takes a week or so.

Dang, thats highway robbery!

I think it cost me around $10 to get mine in Indiana. If I had wanted it in a hurry it would have cost me $25.

Jim's link says $15 for here.

Not in bureau :( neither is any of the financing paperwork, though, apart fromt eh statement about the final payment on the Windstar. weird. may be in a box in the basement.....

Call the bank just to double-check that they don't have it. We paid off a vehicle once and they completely forgot to send us the title until over a year later. We should have noticed if we were paying attention, but... :blush:

Hm, Ford Financing...

hi ho hi ho it's down to the basement i go :(