It would be better but you are not required to retitle the vehicle because of lien release.
A dealer will accept this title when you trade the vehicle but you might have a problem if you sold it private party to someone that didn%26#039;t understand.
I have just paid off my car loan and%26amp;received the title-signed lien satified should it be retitled?
In Mass., no.
I have just paid off my car loan and%26amp;received the title-signed lien satified should it be retitled?
I you can spare the money its a good idea . A friend of mine had a bad deal on a car from a used car lot , One partner filed for a lost title and let him pay it off early for a good discount , he signed the lien off . Six months later when he when to trade it in , the dmv said the title was no good . It took him 8 months to get it straightened out before he could trade it . Its also a good idea in case you lose the title.
I have just paid off my car loan and%26amp;received the title-signed lien satified should it be retitled?
You should apply for a clear title. If you lose the lien release, you may have problems proving that the title is clear.
I have just paid off my car loan and%26amp;received the title-signed lien satified should it be retitled?
not necessary in Michigan
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