As an auto dealership, you want to ensure all of your transactions are completed legally and accurately. Performing title searches on any vehicles you accept as trade-ins or purchase outright from a customer can help prevent some serious legal problems. At Consolidated Automotive Services of Indiana, we assist automotive dealerships and finance companies with several title issues including title searches. When you take advantage of our title services, you can avoid these potential problems.
Buying a Car without a Title
Some of your customers may try to trade in a vehicle that doesn’t have a title. They may have lost it or it may have been accidentally destroyed. If you accept a vehicle without a title, there is the potential of selling it before your office has a chance to get a replacement or duplicate title. With Consolidated Automotive, we can quickly search for the title and obtain a duplicate one easily and quickly.
Selling a Car without a Title
Selling a car without a title is never something you should do. You run the risk of opening yourself up to various legal troubles. A buyer can sue you or your dealership for not supplying a title in the proper amount of time. Use our team to obtain a title in a timely manner so you don’t have to potentially sell a vehicle without a title.
Selling a Car with a Lien
If you aren’t given a title when you purchase a vehicle from a customer, you can’t perform a proper search for that title. A title search will reveal if there are any liens against the vehicle. Selling a vehicle with a lien on it will, again, open you and your dealership up to several problems. Before you add this car to your lot and try to re-sell it, you need to make sure there are no liens against it by performing a title search.
Professional Title Services
You can trust the professional title services from Consolidated Automotive Services of Indiana. Call us today at (812) 988-8300 to request a quote for our services, including lien placements, salvage titles, heavy equipment titles, UCC filings, title transfers, and more, across all 50 states.
Source: “When & Why the Dealer Will Not Provide the Title – They Don’t Have It.” Web article. Whitney Firm. Whitney, LLP. Web. 13 Apr. 2022.