Blog Posts | Consolidated Automotive Services of Indiana

Lien Releases & Replacement Title Processing

June 24, 2023 | all 50 states

When one of your customers pays off their vehicle loan, it’s time for an updated replacement title to be sent to your customer. Thankfully, Consolidated Automotive Services of Indiana has decades of experience navigating the vehicle title process and working with the Department of Motor Vehicles (DMV) across all 50 states. Let’s break down this often cumbersome process to see how our team of experts can make it easier for you.New Replacement TitleWhen a customer pays off their car loan, the title must be replaced to reflect the customer as the new owner. This process depends entirely on whether your customer lives in a non-holding state or a holding state. In either state, your finance department will work with the DMV to have a new replacement title sent to the customer.Process for Non-Holding StatesIn non-holding states, the borrower is listed on the car title as the primary owner. Most borrowers … Continued

Is Car Insurance Available for Salvage Title Vehicles?

May 10, 2023 | all 50 states

Auto insurance offers drivers financial protection and is available for a variety of vehicles and circumstances. Unfortunately, insurance is not available for vehicles that have been assigned a salvage title. Consolidated Automotive Services of Indiana has decades of experience providing dealerships and finance companies with title services, and yes, that includes salvage titles. Keep reading to find out how your customers can insure salvage title vehicles.What Is a Salvage Title?Vehicles that have been deemed a total loss by insurance companies are issued salvage titles. This means they cannot be legally driven on the road, which is why salvage title vehicles aren’t eligible for insurance. A salvage title vehicle must be completely rebuilt and pass an inspection to confirm all damage has been repaired and is, once again, safe to drive. If it passes inspection, the vehicle is then issued a rebuilt title.Car Insurance for Rebuilt TitlesWhile it’s possible to purchase … Continued

Top Benefits of Offering Heavy-Duty Equipment Financing

April 11, 2023 | all 50 states

Almost every finance company or bank offers financing for vehicles like cars, trucks, SUVs, and vans. If you’d like to expand your business and appeal to a wider variety of customers, you may want to consider adding heavy-duty equipment financing to your product options. Consolidated Automotive Services of Indiana assists many lenders with heavy-duty equipment title services. There is a multitude of benefits to providing this popular financial service, such as finance options for agricultural business owners, expansion of your customer base, and an investment source for local business owners.Financing Options that Appeal to Business OwnersYou can grow your customer base by offering finance options for agricultural business owners and other similar industries. Most farmers and ranchers have a need for heavy equipment, but they may not have the means to purchase industrial-strength machines. By offering heavy equipment financing or heavy equipment leasing, you can grow your business and assist … Continued

What Your Customers Need to Know About Transfer of Ownership

March 7, 2023 | all 50 states

You may come across customers who aren’t familiar with your specific vehicle-buying process, including title transfer of ownership. They may have moved from a different state or this could be their first time purchasing a vehicle from an auto dealership. Consolidated Automotive Services of Indiana has years of experience assisting automotive dealers across all 50 states with a wide range of title services. Here’s what your customers may want to know about your specific transfer of ownership process.Information to Be Reviewed There’s a lot of information that needs to be checked and documented before a vehicle purchase can be finalized. To complete the title transfer of ownership without delays, the title information must be accurate and match the vehicle’s VIN, the buyer’s information, and the lender’s information. Other documents that may need to be checked include these:Customer’s photo IDSigned title and registration applicationProof of insurance for the buyerWhat to Expect at … Continued

How to Give Your Customers an Amazing Car Buying Experience

February 28, 2023 | all 50 states

The process of purchasing a vehicle can be a less-than-stellar experience. Some customers are weary of lengthy appointments filled with pressure to buy a vehicle beyond their means. Other customers get overwhelmed by the amount of paperwork involved. At Consolidated Automotive Services of Indiana, we’d like to help where we can by offering some tips on how you can minimize complaints and provide an amazing car-buying experience for your customers.Minimize the WaitingIn our fast-paced world, most of us have a difficult time waiting for anything — in the grocery line, for our dinner, and especially when purchasing a new vehicle. Many auto dealerships are changing their sales process by updating it for a more streamlined experience from start to finish. For some, this means integrating internal systems, taking advantage of online signature software, or using a lien search company for expedited service.Reduce Any PressureCustomers can feel uncomfortable when they are … Continued

A Brief Guide to Title Washing

January 4, 2023 | all 50 states

While it would be great to never have any major problems with the vehicles you’re selling or financing, title washing is one problem that can cause your dealership or finance company a lot of headaches. This all-too-common, yet illegal, method of titling a vehicle can halt the vehicle buying or selling process in its tracks. At Consolidated Automotive Services of Indiana, we’d like to share some important information about title washing that can save you hours of frustration and aggravation.

4 Places Customers Can Buy Repossessed Vehicles

December 30, 2022 | all 50 states

When lenders have to repossess vehicles, their priority is to sell them and recoup as much of the loan as possible. They usually offer recovered vehicles at or below fair market value, making defaulted vehicles quite a bargain for car buyers. If you have customers who are looking for affordable vehicles, Consolidated Automotive Services of Indiana recommends looking at these four locations for great deals.

4 Title Services We Perform for Auto Finance Companies

November 27, 2022 | all 50 states

As a vehicle finance company, you probably process hundreds, if not thousands, of vehicle titles each year. At Consolidated Automotive Services of Indiana, we perform several title services for both automotive dealerships and finance companies like yours. If you find yourself getting overwhelmed by more work than you can handle, give us a call. We can take care of these four title services, plus many more.

What to Do with a Customer’s Incorrect Title

October 10, 2022 | all 50 states

If you’ve been in the car sales business for some time, an incorrect title is probably nothing new to you. Even the smallest of errors can halt a car sale dead in its tracks as the title must be corrected before the vehicle can be sold. Thankfully, the solutions for a corrected title are fairly simple. Consolidated Automotive Services of Indiana has handled thousands of incorrect titles. If you ever find yourself in one of the situations below, our team can take care of them quickly and efficiently.

How We Can Help with Boat Titles & Registrations

September 12, 2022 | all 50 states

Processing titles and registrations for all types of boats can be a challenge. There are many variables such as living in one state and buying a boat in a different state and knowing which boats require registration and which ones don’t. Then, there’s navigating the various laws regarding boat titles across all 50 states. Thankfully, Consolidated Automotive Services of Indiana can handle all of these matters and many more.