Common Mistakes to Avoid When Transferring a Car Title
Learn about the most common mistakes people make when transferring a car title and how to avoid them.
Transferring a car title is a necessary part of buying or selling a vehicle, but many people make simple mistakes that can cause delays or result in legal issues. Here are some of the most common errors and how to avoid them.
Missing Signatures
One of the most common mistakes is failing to get all the necessary signatures. Both the buyer and the seller must sign the title in the appropriate sections. If either party forgets to sign, the title transfer will be rejected, and the process will have to start over.
Failing to Provide a Complete Odometer Reading
The odometer reading must be included on the title transfer form. This number represents the total miles the vehicle has been driven and is used to verify the vehicle’s condition. If the odometer reading is missing or incorrect, the transfer may be delayed.
Forgetting to Pay Sales Tax
In Kentucky, car buyers must pay a 6% sales tax on the vehicle's purchase price as part of the title transfer process. Forgetting to pay this tax can result in fines or delays in processing the new title.
Submitting Incorrect Fees
The basic fee for a car title transfer in Kentucky is $9, but additional fees may apply, especially if there are liens on the vehicle. Double-checking the fees ensures that your application will be processed without any delays.
Conclusion
Avoiding these common mistakes can save time, money, and frustration when transferring a car title. For more detailed information on the car title transfer process, be sure to read our complete guide to car title transfers in Kentucky.
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