Quote:
Originally Posted by MrLonzo
When buying a new car in Florida, the final price generally includes registration and title. I just learned the title is kept electronically by the Florida DMV even after the car is paid off.
Do people normally request a paper copy of the title? Without that, how can the owner prove ownership? Or is proof of ownership not required except when selling it, in which case the transaction goes electronically through the DMV?
|
Here is the deal because I have been through it. If you want to sell the car on your own you will need a paper title. If you are going to trade in the vehicle you do not but if it has a loan on it then the title will be electronic (saving money I guess). You can go down to the motor vehicle department and get a paper title sent to you. The fee use to be $10 but may have gone up.