Registering my Car?

I just bought a used car (person to person) and I used Capital One%26#039;s blank check to pay the seller. The seller was still paying his credit union for the car, but my blank check paid it off and his credit union is supposed to send capital one auto finance the title to the car. I%26#039;ve called Capital One well over 12 times in order to see what I have to do to register my car and nobody over there knows how it%26#039;s done. Crazy huh.? They just collect the money and don%26#039;t even know their own policies. I%26#039;ve been down to the registration office 3 times and they keep telling me that I need the title to register the car. Well capital one will keep that title until I%26#039;m done making payments on the car (about 5 years from now). So what do I do? Nobody seems to know. This is Texas By the way. Right now I don%26#039;t legally own the car. I%26#039;m paying for it and it%26#039;s insured under my name, but I still don%26#039;t own it. I%26#039;d hate to be pulled over.

Registering my Car?

It has been my experience that a lien-holder will effect their rights, so relax. You%26#039;re insured, I presume you have a signed bill of sale, so make a copy of that and keep it with you, with your insurance.The seller was supposed to and is required to inform DMV of the sale within 10 days. I%26#039;d take the plates into a field office, and request new plates, partly to disassociate myself from the history of the other driver, and partly to see what is current at the DMV.

Capital one will eventually send you a registration %26amp; title package, if the seller sent the signed off title to them.

Registering my Car?

Something smells fishy. Why did the original lien holder not provide the original owner with the Title? Even if there is still a lien against the vehicle (outstanding balance on loan), he should have a valid Title stating the car%26#039;s ownership (pending payment of the loan), When we bought our 2001 PT Cruiser from Chrysler, we were issued a Title saying that Chrysler Finance was the owner. As soon as we paid off the loan, we were issued a new %26quot;clear%26quot; Title.

I would contact the seller and ask him for the Title, since he should have it (even if it shows the car is under a lien).

Don%26#039;t worry about being pulled over; the police never ask for registration here (Texas) anyway (they usually only ask for license and proof of insurance). The best way to avoid being pulled over, is don%26#039;t disobey any laws!!