EndlessErrands0002 OP t1_iy4795t wrote on November 28, 2022 at 5:01 PM

Reply to comment by Cheekclapped in Paid off car loan, got the title from the dealership. Do I need to do anything else? by EndlessErrands0002

It's from the lender, I had meant the lender, not the dealership. Thank you

EndlessErrands0002 OP t1_iy3hqop wrote on November 28, 2022 at 1:52 PM

Reply to comment by JimTheJerseyGuy in Paid off car loan, got the title from the dealership. Do I need to do anything else? by EndlessErrands0002

>FWIW, my parents had this happen to them with a car they that bought in 1999, paid off in 2004, and kept until 2018.Despite having a title that was clearly marked as having the lien released, the MVC had no record of it being paid off. Made a hash out of what should have been a no-brainer transfer of an essentially worthless vehicle.It might be worth a check with them to insure that all the paperwork processed correctly.

got it. I'll check into it, thank you.

EndlessErrands0002 OP t1_iy24pcg wrote on November 28, 2022 at 4:02 AM

Reply to comment by mickey_jewelz in Paid off car loan, got the title from the dealership. Do I need to do anything else? by EndlessErrands0002

that's what I'm confused about. The title certificate is signed off by the Motor Vehicle Comission saying it ceritifies "evidence of ownership", so doesn't that mean that the lien was removed from the title?

EndlessErrands0002 OP t1_iy1web3 wrote on November 28, 2022 at 2:52 AM

Reply to comment by WestinghouseBaromete in Paid off car loan, got the title from the dealership. Do I need to do anything else? by EndlessErrands0002

UH OHHHHHHHHH

EndlessErrands0002 OP t1_iy1wbhj wrote on November 28, 2022 at 2:52 AM

Reply to comment by GoldenAlexanders in Paid off car loan, got the title from the dealership. Do I need to do anything else? by EndlessErrands0002

>Keep the title safe for when/if you want to sell the car. If you don't have a need for a safe-deposit box, get a fireproof box for your important papers like the title, your passport, etc.You may want to tell your insurer; I'm not sure that they need to know, but it wouldn't hurt.Also, congratulations! That's a big step.

thank you so much