Current Events > this is the first time im buying a car. how do i handle the title, with a lien

Topic List
Page List: 1
MixedRaceBaby
10/22/22 4:11:03 PM
#1:


holder?

my bank that i got a loan from says i need to put them as a lienholder on the title. do i have to go to the dmv/whatever and fill out the paperwork?

---
For the mixed race babies!
... Copied to Clipboard!
samsungsalt
10/22/22 4:15:32 PM
#2:


i havent gotten a car loan in years, like before the internet years, but if I remember right you get some type of slip or verification of the loan with your bank to report the lien holder

---
my old computer died and i didn't feel like resetting the password to my original account, so i created this one instead. yeah, i know, what a shocker >_>
... Copied to Clipboard!
Flockaveli
10/22/22 4:27:13 PM
#3:


It varies by state I'm sure.
... Copied to Clipboard!
Aridi
10/22/22 4:32:48 PM
#4:


You'll fill out the title form with the lienholder's information. You can usually do it electronically through the state DMV.

Here's PA, as an example: https://www.dot.state.pa.us/public/dvspubsforms/BMV/BMV%20Forms/MV-38L.pdf

---
When do you stop growing up and start dying?
... Copied to Clipboard!
thx1138
10/22/22 4:35:02 PM
#5:


i financed through a dealer they took everything, also i dont think you te

---
There ain't nothing to it but to do it
... Copied to Clipboard!
MixedRaceBaby
10/22/22 4:36:01 PM
#6:


Aridi posted...
You'll fill out the title form with the lienholder's information. You can usually do it electronically through the state DMV.

Here's PA, as an example: https://www.dot.state.pa.us/public/dvspubsforms/BMV/BMV%20Forms/MV-38L.pdf
oh so you do it there at the dealership?

---
For the mixed race babies!
... Copied to Clipboard!
BuzzKilljoy
10/22/22 4:37:27 PM
#7:


You go to wherever you do registrations in your state, could be DMV or county tax office. Register the vehicle, pay the taxes, and list your bank as the lienholder on the registration. Make sure you bring the bank's mailing address for title issues.

---
Does the name Pavlov ring a bell?
... Copied to Clipboard!
thx1138
10/22/22 4:37:32 PM
#8:


check with your dmv, I didnt get a title until my car was paid for but i financed with the dealer

---
There ain't nothing to it but to do it
... Copied to Clipboard!
BuzzKilljoy
10/22/22 4:39:00 PM
#9:


MixedRaceBaby posted...
oh so you do it there at the dealership?

If you were financing through the dealer they would handle all this for you but since it sounds like you are financing separately, you'll have to do the paperwork.

---
Does the name Pavlov ring a bell?
... Copied to Clipboard!
MarcoRubio
10/22/22 4:39:32 PM
#10:


Are you buying the car from a private party or a dealer?

---
Vote for me, 2016!
... Copied to Clipboard!
Aridi
10/22/22 4:39:54 PM
#11:


BuzzKilljoy posted...
You go to wherever you do registrations in your state, could be DMV or county tax office. Register the vehicle, pay the taxes, and list your bank as the lienholder on the registration. Make sure you bring the bank's mailing address for title issues.
Precisely. Bank will get the title.

---
When do you stop growing up and start dying?
... Copied to Clipboard!
MixedRaceBaby
10/22/22 4:40:25 PM
#12:


MarcoRubio posted...
Are you buying the car from a private party or a dealer?
dealer

ok thanks all

---
For the mixed race babies!
... Copied to Clipboard!
Aridi
10/22/22 4:41:38 PM
#13:


I still think the dealer will handle all of this. Just bring the bank's info.

---
When do you stop growing up and start dying?
... Copied to Clipboard!
Daffadilio
10/22/22 5:31:58 PM
#14:


Have you already bought the car? IME while youre doing the process, they ask whos financing/if you need in-house financing, and if you are financing, they automatically put that organization on the title.

---
You remind me of the times when I knew who I was...
... Copied to Clipboard!
MixedRaceBaby
10/22/22 5:50:46 PM
#15:


Daffadilio posted...
Have you already bought the car? IME while youre doing the process, they ask whos financing/if you need in-house financing, and if you are financing, they automatically put that organization on the title.
Cool thanks

---
For the mixed race babies!
... Copied to Clipboard!
Topic List
Page List: 1