How to Transfer Your Title in Florida
If you are going to be buying or selling a car in Florida, you need to be sure that you understand the ins and outs of transferring a title. This is needed to ensure that the transaction is handled properly and that everything has been done according to the law.
What is the Title?
The vehicle title is the document that shows who owns the vehicle. Whenever the vehicle is sold, the title needs to be transferred to the new owner or whoever is holding the lien on it. The title includes a range of information including the Vehicle Identification Number (VIN), the make, model, and year of the vehicle, the number of doors, weight, and the number of passengers it can hold.
When the title is transferred, either the original title or an official duplicate can be provided to the office. You will not be able to use copies of the title. When you are transferring the title, you will need to go to the DHSMV near you or an authorized auto tag agency in Broward, Florida.
What Do You Need?
If you buy a vehicle from a dealership or car lot, they will handle the titling for you. If you aren’t buying the car outright, the title will be in the name of the lienholder until it has been paid in full. When buying a vehicle from a private owner, you will need to have certain documents to take to the DHSMV or the agency. This will include the completed original title that includes the buyer’s name and address, the seller’s name and address, and the sale price.
You will also need to have a completed Application for Title and Notice of Sale. The odometer reading will need to be verified, as well. You will need to have your driver’s license, proof of insurance, the vehicle, and all of the payments. If you are paying off a loan for the vehicle, then you will need to have your loan documentation.
The title should be transferred as soon as possible after buying the vehicle. The cost of the transfer can vary, but it will generally be between $75 and $115 for a used title. Sales tax will be charged, as well. It’s important to keep in mind that registering your vehicle is not the same as transferring the title.
Giving Away a Vehicle
What happens if you decide that you want to give the vehicle to a family member? There still needs to be a transfer of title. However, the sale price indicated on the title will be $0.00. You also need to provide an affidavit that you are giving the vehicle to your relative. This ensures that it was given freely and that it hasn’t been coerced from you.
If you need to transfer your title, you will find that it can be done faster and easier when you use an auto tag agency in Broward, Florida. All of the hard work and waiting can be eliminated. Find a nearby location and get in touch to learn more about the title transfer and the other services they offer. When it comes to Broward tag renewals, Broward tag and title, or any tag agency services, Auto Tags of Oakland Park does it all. We offer same-day service for all your auto tag needs, including auto registration, tag renewals, and more. Stop by and see us today or give us a call now.