So I purchased my SUV before my lease ended from Mercedes, and got the title from them in ~3 weeks time. That said, I would like to get ready to sell my car to Vroom/Carvana or one of the online vendors prior to picking up my “new” car, which could be another month or two.
As the title right now just shows Daimler Trust as the lienholder (shows me as the buyer on the back of the title), do I need to get a lien free title before any of the online companies will accept the title? If so, do you guys know how long it’s taking for NYS to get all of that paperwork completed?
Ideally, the online vendors will be able to accept this title as I have all of the supporting paperwork which shows that I am now the new owner of the vehicle. hoping to hear back from people who have done this exact thing. thanks!
Do you know any that will accept the version I currently have? 30-90 days (what it states in DMv site) seems to be a very long time for turnaround and I would hate for the in transit title to cause a material change in my trade in.
Anyone else with recommendations or advice, or do I have to bite the bullet and submit for a lien-free title from the NYS DMV. I’m really dreading that 60-90 day wait. I dont think they will hit the 60 day number at all, and when I submit, I will basically be without ANY documentation showing I have the title in hand, and supporting docs since they all are going to be in the DMV’s possession. So that means I will not be able to make any transactions for minimum 90 days after I send in my application…
So you have nothing showing the lien has been satisfied? No, wait, you said you have the paperwork. Can you not walk into DMV or make an appt with DMV and get it done same day? I would be able to in NJ, hence my question.
I do have all the paperwork that was returned from Mercedes Financial (previous lienholder), including the Title release form, the bill of sale, odometer disclosure statement, title, and notice of recorded lien (stating that the security interest in the vehicle has been satisfied).
Basically I have everything needed to show that that car is lien-free, except for the lien-free title. NYS DMV says I cannot walk in to get the lien-free title. It HAS to be mailed in, and that it will take 60-90 days to get it back.
yes, sad sad, unless im reading wrong, you have to do it via mail. I do see some exceptions in there, but it appears that some of the 3rd party buyout companies don’t accept the supporting docs.
How to remove a lienholder from a title certificate
PLEASE NOTE: When you sell a vehicle, you do not need to remove a lien from the certificate of title. You can give the original title and the original lien release to the buyer. If you want to get a lien free title, please read below for further instructions.
To remove a lien, you do not need to go to your local DMV. Just mail these items:
proof that the lien was satisfied (must be the original - photocopies are not accepted)
your current title certificate (must be the original – photocopies not accepted)
check or money order for $20.00 payable to “Commissioner of Motor Vehicles”
To
Lien Release
NYS DMV Title Services
6 Empire State Plaza
Albany, NY 12228-0331
The DMV will mail your certificate of title (that does not list the lien) in 60 to 90 days. The title certificate must be mailed to you; a DMV office cannot give you the title certificate.
the one out I see in there is that there is a note that says I can give the original title along with the lien release. Im assuming the lien release form is the “Notice of Recorded Lien” doc? This is where all of this $h1t is super confusing. that’s another fear, which is that I send in the docs, and after 60 days they return it to me and say something is not filled out correct and then the timer resets! See how inefficient this local gov is…
I went through that with Vroom before on a car that was part of my dad’s estate. I didn’t want to transfer the title and have to pay sales tax. BUT, I did find a used car dealer in NJ who was fine with taking it along with the paperwork. So maybe try local places? You have Autonation in NY. Do you have a carmax?
I didn’t take to carmax as they Wouldn’t give me a quote online and required that I go in person. The closest place in person is almost 2 hours away, therefore I wanted to look at other more local options first