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8 Answers
- 1 decade agoFavorite Answer
After you pay off
If u pay off the final amount by internet/mail the cheque
u will receive it within 3weeks
If u pay off the final amount by Cashier's cheque
u will receive it within 1week
- ggLv 71 decade ago
It depends on the state where you live.
Did you pay cash for it, or are you making payments?
If you paid cash, you get a new title about 2 months after you register the vehicle and turn the old title into the dmv. (the title that belonged to the previous owner, that has been signed over to you).
If you are making payments, depending on where you live:
1. You could get a title with your name AND the lienholder on the front of the title.
2. The state could hold the old title and not generate a new one until you pay off your loan and send the state a notarized lien release.
3. The state could generate the new title, and send it directly to the lienholder (bank), and the bank would keep it until you paid off the loan.
- 1 decade ago
It depends on the state and where you buy it from. Wisconsin has ruled that all dealers electronically file title work and it takes about 5-7 working days to receive the title. If you buy from a private person it could take up to 3 months.
- Anonymous1 decade ago
If you are buying it outright with no financing, you should get the title when you pick up the car, otherwise you are driving a stolen car. The dealer is supposed to make all the arrangements with the DMV to get all the paperwork taken care of.
* Title in your name
* License plates registered to you
You may need to show proof of auto insurance.
If however, you are doing some financing, the bank or whatever place is holding the car loan, they get to hold the title until the car is paid off. They are supposed to work with you to take care of all the legalities with the DMV.
Once the car is paid off, the bank returns your title to your possession.
The rules may vary by nation, state, lending institution.
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- gailforce_windLv 61 decade ago
When you pay in full the car loan, or if you pay in cash, about three weeks later.
- Anonymous1 decade ago
CALL YOUR LOCAL DMV OFFICE, THEY WILL BE ABLE TO ANSWER ANY AND ALL OF YOUR QUESTIONS AND AT THE SAME TIME YOU WILL BE GETTING THE CORRECT ANSWER TO YOUR QUESTION.
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