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What's On Your Car Title and Why Is It Important?

Cars on Dealership Lot Temple Hills, MD
One of the most important aspects of protecting the investment you've made in buying a car is to understand the elements of a car title and then keep it safe. Below are some of the most significant aspects to be aware of. But, when you buy a car through your local Kia dealer, they will take care of all the necessary paperwork for you.

What Is the Importance of Your Car Title, and How Can Your Kia Dealer Help?

The title to your car is an essential legal document that proves ownership of the automobile. Don't confuse the title with a vehicle registration, which shows the auto can be legally driven. The title allows you to sell or trade your car if you desire. Below are more important aspects of the legal title for your vehicle that you need to know.

Required Information

All automobile titles include the following vital pieces of information about your vehicle: Owner's name, VIN (Vehicle Identification Number), Lienholder, Weight Class, and Odometer Reading. The assignment section is the last section of the title. Once this section has been filled out due to the sale or trade of your car, it cannot be changed or altered. So, it's essential to take your time and fill it out correctly. You will need to provide the date of sale, name, address, and signature of the seller; the buyer's name and signature; the purchase price; and the lender's information if the automobile was financed.

Various Types of Titles

A "clean title" is what a car starts with. It means it has not sustained any major damage. A title that is classified as "clear" means it does not have any financial liens on it. A "salvage" designation means the auto has had an accident that cost between 75% and 90% of its value to repair. If you see "rebuilt" or "reconstructed" checked on the title, it means it was classified as salvage and now all the repairs have been completed. And, finally, "lemon law" means the car had problems covered by the time or mileage allowances on the warranty and the vehicle was either taken back to the dealership or bought back by the dealer.

Lost Title

Things happen in life, and sometimes even essential documents like your vehicle's title can get lost or damaged. If this happens to you, rest assured that it is an easy problem to fix. Contact the company you used to finance your vehicle. Go to your local DMV office and request a duplicate copy. Or fill out a form required by your state online or via the mail.

Find a New Car for Sale in Temple Hills, MD!

As you can see, there are many different aspects to the title of your automobile. If you feel confident going about the titling process and you’re ready to get the keys to a new ride, visit DARCARS Kia of Temple Hills for a new car. We have a great selection of in-stock new Kia cars and SUVs!
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