Before you purchase a vehicle, there's a series of important documents that you need to sign. One of these necessary and vital things is the car title. You may have wondered what it's for, but it is essentially the form that makes you the legal owner of a vehicle. You will get one whenever you buy a new or used car. Here at C&S Subaru, we break down the basic information every car owner needs to know about this necessary paper.
Car Title 101: What You Should Now
It makes sense that your car title would come from whatever state you bought the car in. It's important to familiarize yourself with their title processing requirements. Typically, the information you'll find on the title is similar no matter which state you reside in. The information included would be:
- Details used to identify your vehicle (VIN number, the make, model, year the vehicle was made)
- The license plate number
- Your full name and current address
- Color of the vehicle
- Date when title was issued
Understanding How The Car Title Works
As previously stated, the car title will prove that you own the vehicle. This information becomes imperative should your vehicle get stolen, it gets impounded, or if you plan to sell it. At C&S Subaru, we help you handle the title process which includes getting your registration/license plate. It's also vital to understand that the car title technically belongs to whoever provides your loan. One you pay the vehicle in full, you then receive this document that shows you are the owner free and clear.
What
Are The Different Types Of Car Titles?
Car titles are usually described with four different adjectives, as outlined below. Understanding your title is important should you decide to sell or transfer it.
