Damein learned to transfer a vehicle title in a timely manner.
I also learned, abut 25 years ago, to turn in my sellers report of sale. I sold a car to a guy and then went to Disneyland with my family. Two weeks later, I come back to find out I owe money for storage of the car because the buyer did not transfer title, and was broadsided by the Seattle dinner train.
Fortunately, the car got a good price at auction and I was only out $50. It was a 1966 Dodge Polaris station wagon in really good shape (other than the severe crash damage.
But wait! There’s more!
Because I’m very cynical about companies that contract with large cities to tow and store cars, I showed up in person, paid cash, and insisted on a receipt for the amount. And sure enough, several months later I got a collection notice for the unpaid fee ($50 with huge penalties attached). The receipt was all it took to clear it up.
You really have to watch your back in this world. The system is corrupt.
The State of Idaho makes it easy for you. It's actually attached to the bottom of the Title. If/when you sell the car (if you're the title holder, and not the bank), you simply fill in and detach the notice, pay something like $3 (it's very much worth it), and send it in to the state. It releases your liability as of the date of sale (not the date they receive it).
New Mexico has an online form you can fill out. Also, take the plates, unless, for some reason, your state requires the plates to stay with the car (IIRC, California is like that, or was, for several years).
***You really have to watch your back in this world. The system is corrupt.***
How true!
Man in Missouri buys truck, gets loan from his credit union.
He makes NO payments on it. moves the truck down into Arkansas and for $50 gets a new clean title on it, puts it on a car lot to sell.
Along comes a buyer who borrows money from his Arkansas credit union and takes possession of the truck.
Truck is then “stolen”(repossessed), by the original credit union in Missouri, and the new buyer is left with debts to his Arkansas credit union, and no truck.