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Can You Transfer a Car Title Online? What You Need to Know
Manage episode 435676955 series 2911349
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Exciting News in the Vehicle Title Industry:
- More states are adopting electronic title transfers, marking a significant shift from traditional paperwork.
- As founding members of the eART Coalition, we're excited to see more companies like DocuSign, CarMax, and Carvana pushing for modernization.
New Developments:
- Michigan has introduced online vehicle title transfers.
- Requirements include:
- Both buyer and seller must have a valid Michigan license.
- The vehicle must be a car, minivan, truck, camping vehicle, or ATV.
- The transfer must be between individuals, not companies or co-owners.
- The vehicle cannot be financed.
What’s Next:
- We anticipate that many states will implement electronic title transfers within the next 12 to 18 months.
- This change aligns with the increasing trend towards digital transactions in various sectors.
Stay Informed:
- For expert advice and answers to your specific questions, consider live one-on-one consultations with certified experts in this field.
- Check out our channel for more videos and insights to help resolve your vehicle title concerns.
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