Quote:
Originally Posted by mryan55
I grew up in Michigan (and still do some business with Michigan clients) -- and Michigan doesn't have any slip or portion of the title to tear off and send in when a sale is complete. Basically -- keep a copy of the title if you are unable to accompany buyer to a Secretary of State Office.
My parents keep their vehicles until they are only worth scrap, and each time they scrap one of their old ChryCo products they reassign the title and keep a copy of the front and back. Here's guidance from the Secretary of State:
http://www.michigan.gov/sos/0,4670,7...5461--,00.html |
I wonder how many other states are like Michigan in regards to not allowing sellers to report a vehicle as being sold?
In my case since the truck I titled in Michigan was ultimately sold in Arizona I'm betting that VIN will be in my name in Michigan until it simply ages off of their system. It's not a huge deal but I still think it's odd.
On a semi-related note, I remember a Lemon Law case (I think it was in Hawaii) where the customer was perturbed that it was taking so long to get the vehicle out of her name after she won her case. She wasn't worried so much about the bank getting their pay-off, she was mostly concerned that she couldn't qualify for a higher level of social assistance if she was still listed on the State's DMV system as a vehicle owner.
