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Advice on Sale of Car After Lien Release
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Advice on Sale of Car After Lien Release - August 31, 2015, 07:56 PM

I have a lien release and want to know if there is any way to transfer ownership of the car to another buying party without having to get a new clean title? Do I have to get a new clean title to transfer ownership of the vehicle to the purchasing party? Can I use the title with the lien release on it to assign ownership to the party that wants to purchase it from me?

I would like for someone that may be a car salesman or someone that has done this before.

If you could PM me that would be great.

Thanks,


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August 31, 2015, 08:09 PM

Things may have changed, but the last time I bought a car with a lien on it (2005), I had to wait for the owner to get the lien release letter from the bank then they had to get a clean title with just their name on it before I could retitle the vehicle in my name.



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August 31, 2015, 08:10 PM

Bear in mind this was private party to private party.

Things may be different for licensed wholesalers and dealers.



“Any man who tries to be good all the time is bound to come to ruin among the great number who are not good. Hence a Prince who wants to keep his authority must learn how not to be good, and use that knowledge, or refrain from using it, as necessity requires”.

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September 1, 2015, 06:55 AM

First what state is the vehicle titled in?

Either way a lien release is just that. The lien release states you own the car full and clear and can do what you want. Some states the lien company holds the title until paid in full, and once paid stamps and signs the title and sends it to the owner. Some states like MD have a title of possession and then title of ownership which is held by the bank. Once paid they send to the owner who must keep both parts together.

No matter what state you are in you can get a new title issued if you want, but why spend $100 when you already have the title in your hand. Just treat it like a regular title, if its MD sign both parts.


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Last edited by short_mike; September 1, 2015 at 07:11 AM..
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September 1, 2015, 08:07 AM

My DRZ had a title and lien release and I did not have to have the prior owner get a new title, I just took both to the MVA and they did their stuff.

Bike was registered in MD by old owner and MD by myself.


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September 1, 2015, 08:21 AM

I bought one bike from WV and another from MD that had lean releases. As mentioned above I just took the original title and the lean release letter I got from the seller with me to my DMV in VA to get them registered and had no problems.


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