How To Transfer A Car Title In Texas
Transferring a car title in Texas is essential to proving your ownership and securing the ability to use your vehicle for financial needs like title loans. If you’ve recently bought a car and need to know how to transfer a car title in Texas, follow these simple steps to ensure the process is smooth and quick.
Why You Need To Transfer Car Title In Texas
When it comes to getting a car, it is important that you make sure to transfer the title to your name as soon as you possibly can. If that car title is not transferred to your name, you don't have proof that you actually own the vehicle. This can cause issues for the seller since they will get fines if you speed.
And it will cause you problems with the police if you cannot prove that you own the vehicle you are driving. And you will have to deal with fines the longer your title is not in your name. Not to mention that having a car title in your name means that you can use it when you need help paying off emergency expenses. This is the reason you need to know how to transfer a car title in Texas.
Step-by-Step Guide to Transferring Your Car Title in Texas
The process will vary a little bit depending on the county that you are in. You may have to go to the DMV or your local tax office. But this is a general overview to help you get started. Keep in mind this is the process for transferring a Texas title. If you have purchased the vehicle out of state, the process is roughly the same.
The main difference is that you will need to have a vehicle safety report produced. This shouldn't be too tricky. There are a lot of locations in Texas that can do this for you, and the DMV will point you in the right direction. But, again, this is the general process to transfer car title in Texas.
The Buyer And Seller Need To Work Together
When it comes to how to transfer a car title in Texas, this isn't a one-sided process. Both the buyer and seller need to agree before the title is transferred. If a seller doesn't agree to have the vehicle title transferred, then you cannot buy that vehicle. It is only going to cause you problems if you do.
Both Buyer And Seller Need To Sign The Title
There is a location on the title that both the buyer and seller will sign and date. If the vehicle is under 10 years old, you will fill in the details for the current odometer readout. You will need to ask the seller for proof of inspection because this is a required document. If you are buying from out of state, the check should have been carried out in the last 90 days, which is not a requirement here.
Fill In The Title Application Form
The next step is for you to get form VTR-130U from the DMV or tax office – you can also print it out online if you’d prefer. The seller will also need to sign this form as well. This form will ask you for information about the vehicle, how much you paid, and so on. Again, if the car is under 10 years old, you will need to fill in the odometer details.
Get Insurance For The Vehicle
Once the paperwork is filled out, you have to make sure the vehicle is insured. You cannot get a title for a vehicle you are not insured for, so grab insurance in your name. It doesn't have to be expensive insurance; the insurance just needs to meet the requirements for Texas.
Head To The DMV Or Tax Office
Armed with your completed forms, ID, and insurance details, head to the tax office or DMV – again, depending on how your county does things. You can also mail it in, however, you will have to pay fees. These can vary based upon the vehicle and where you live. If you are mailing the title in, make sure that you check the fees beforehand. Once done, the title transfer process begins.
How to Use Your Car Title for a Title Loan
Once your car title is in your name, you can leverage it for a title loan if you need quick cash. Title loans allow you to borrow money using your car’s title as collateral. At Texas Car Title and Payday Loan Services, Inc., we offer loans up to $15,000 based on your vehicle’s value.
How It Works:
- Apply Online: Complete our online application form.
- Vehicle Inspection: We’ll inspect your vehicle, either at a local office or at your location.
- Approval and Cash: If approved, receive your cash the same day or next business day.
Texas Car Title and Payday Loan Services, Inc. can loan up to $15,000, depending on your vehicle’s condition and resale value. This means the value of your car will go through an inspection when you meet with one of our loan representatives. The good thing is the inspection can happen either at the nearest Texas auto title loan location or you can have us come to you instead.
This is a secured loan against your vehicle's title. Because it is a secured loan, we can consider all credit scores. You must provide us with proof of your income, have your vehicle for inspection, and have the lien-free title in your name. Once you have the items, the process is quick. And if you are approved, you can get your cash either the same day or the next.
Get Started Today!
Transferring your car title in Texas is straightforward and essential for legal ownership and financial flexibility. Once your title is in your name, consider applying for a title loan to cover urgent expenses. Fill out our online application today and get the cash you need quickly!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.