How to Transfer Title Under Dealer's Name

When transferring the title under a dealer's name, it is important to follow DMV rules and regulations to remain compliant. Here are the steps you need to take:

Process Through Vehicle Services Tab

The best way to ensure compliance with DMV rules is to process the deal through your vehicle services tab. This will help streamline the transfer process and ensure all necessary documentation is submitted correctly.

Submit Statement of Facts

Along with processing through your vehicle services tab, you will also need to submit a statement of facts. This document provides additional information about the transfer of ownership and helps verify that all parties involved are aware of and agree to the transaction.

Ensure Registration Fees Are Up-to-Date

Prior to transferring the title, make sure that all registration fees for the vehicle are up-to-date. Failure to do so may result in delays or complications during the transfer process.

Pay Transfer Fees or Plate/Sticker Fees

If required by your state's DMV, be prepared to pay any transfer fees or plate/sticker fees associated with transferring the title under a dealer's name. These fees help cover administrative costs related to updating ownership records.

Conclusion

By following these steps and ensuring compliance with DMV rules, you can facilitate a smooth and compliant transition of ownership when transferring the title under a dealer's name. Remember that each state may have specific requirements, so it is essential to check with your local DMV for detailed instructions on how to complete this process.