Quote:
Originally Posted by arpad_m
It's not the transfer but the removal of the lien as if you had purchased the car with cash. That means issuing a brand new title and wasn't offered as part of the payoff "deal", at least in my case, my titles all have the lien and payoff notes. Don't think this matters too much, though.
|
Same here.
I got a payoff letter from the lender for my vehicles and motorcycles.
I just keep them alongside the titles.
Sometimes I ponder just going to the NY DMV and getting a brand new title with no lien holder, but I don't know how much longer I am going to be in this state lol.