Quick Answer: Why Would A Vehicle Have A Duplicate Title?

Why would a dealer not have a title?

If the dealer doesn’t have the title, it may be because they failed to pay off the outstanding balance.

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Double-check with your state’s motor vehicle department to make sure the title is legitimate (it’s too easy for a shady dealer to counterfeit a title)..

Can I trade my car in if I’m still paying on it?

However, if you’re still making payments on your loan, there are a few more things to consider. The first is that your loan will not disappear once you trade in your vehicle — regardless of how much money you owe. Instead what will happen is the remaining amount of your loan will be transferred to your new vehicle.

Does a duplicate title lower value?

A salvaged, reconstructed or otherwise “clouded” title has a permanent negative effect on the value of a vehicle. The industry rule of thumb is to deduct 20% to 40% of the Blue Book® Value, but salvage title vehicles really should be privately appraised on a case-by-case basis in order to determine their market value.

Is a duplicate title the same as a regular title?

There is no actual physical title. … Given the fact that duplicate titles, which are in the owners’ possession, cannot be kept up-to-date by land titles, the duplicate title will not always stay identical to the original title.

Can you get a duplicate title at AAA?

In almost all cases, AAA can help members replace the registration or title for a vehicle they own. AAA can help members submit the paperwork to request a duplicate title, but the duplicate title will be mailed directly from the DMV, and typically takes 4 to 6 weeks to be mailed to the registered address.

What is a original title?

An original title is a title that creates a right for the first time. It is right by which a person attains property in a thing which at the time of its acquisition is not in the ownership of any other person.

Who issues the title to a car?

A certificate of title for a vehicle (or car title) is an official document that indicates the legal owner of a vehicle. It is typically issued by your state’s Department of Motor Vehicles (DMV).

What do u need to trade in a car?

Before you get trade-in quotes from dealerships, collect the documents and other items you’ll need, which may include:Vehicle title (often called a “pink slip”)Auto loan payoff and account information (if you have an auto loan)Current vehicle registration.Driver’s license.All vehicle keys.

What lienholder means?

A lienholder is a lender that legally has an interest in your property until you pay it off in full. The lender — which can be a bank, financial institution or private party — holds a lien, or legal claim, on the property because they lent you the money to purchase it.

Why would a car have a duplicate title issued?

A duplicate title is sometimes issued because the vehicle’s original title is missing.

What if RC is not transferred?

Ensuring the transfer of ownership lies solely with the first seller (whose name is in the RC), senior RTO officials told The Hindu. … In the event of the vehicle getting involved in accident or a criminal activity, the police will land at the doorstep of the original owners, if the ownership has not been transferred.

What is a voided title?

This usually happens when folks don’t put their title in a secure place and suddenly can’t find it when a buyer comes along or they are trading in. The original is voided and a new title is issued. Sometimes after they file for a duplicate the original is found and they give it to the new owner.

Can you cross out name on title?

The title must be in your name, with no cross outs or errors. All liens must be released, if there is a lien listed on your title, it must be signed off on the title, or provide a separate lien release document.

What do car titles mean?

A vehicle title is a legal document showing proof of ownership of a vehicle. It contains important information about the vehicle and it is necessary that all of the information on the car title is complete and accurate.

Can you get a duplicate car title the same day in California?

You’ll receive your title by mail 15-30 calendar days from the date you submit the duplicate title application.

Is it bad to have a duplicate title?

As long as your working with the most recently printed title, then it’s fine. The reason title duplicates are reported the way they are is so that someone can’t try to use an old copy of a title to try to steal a vehicle.

Can a dealer get a duplicate title?

Have the Dealer Order a Duplicate Title If the state doesn’t have a provision to send the title directly to the dealer, you will have to take it back in once you receive it.

Does a duplicate title void the original?

A duplicate title is obtained when the original title has been lost, stolen, mutilated, destroyed, or becomes illegible. … When a duplicate title is issued, the original title becomes void. In the event the original title is located, destroy it to ensure it is not used in the sale or transfer of ownership of the vehicle.

What does duplicate mean?

an exact copy; double. something additional or supplementary of the same kind. two exact copies (esp in the phrase in duplicate)