car is in, if it’s different) to find out what you need to do.TIP: Check with DMV in the state you’re in (and that the^
If there is a loan, your funds should go to the lender—not the seller. Youshouldn’t expect the title (or lien release) right away. In this case, it is
normal to depart with the car and bill of sale (and the title in lien releasestates). Once the lender receives your funds, the vehicle’s title (or lien
release) is sent—either to you or the previous owner, depending on thelender’s policy. Either way, legally, the old owner must sign it as the seller, (^)
and turn it over to you. As this can take several weeks, don’t be overlyworried. Just make sure the temporary permit you receive from DMV will (^)
cover the time.
the lender.TIP: The critical step is to make sure the funds go directly to^
Transact the deal at a bank or credit union, or talk to the lender if it is out ofstate and get all pertinent information on where to wire or mail certified
funds to. They can also give an estimate on how long it will take to get theproper title work (title or lien release) sent. In many cases, they have a
preferred way of receiving funds that will speed things up.