When selling junk cars in Chicago, the title is an important document necessary to transfer ownership of the car from you to the junkyard. If for some reason you lost the title of your vehicle, it can create problems for you when you try to sell your car, even for junk. Here are some tips to help you sell your junker without a title.
Do Not Panic
Most people push the panic button when they discover they have lost or misplaced their car’s title. They decide not to push through knowing it is too bothersome to go to the DMV for a replacement. Truth is all states have a process for declaring the lost title and then applying for a duplicate. In some states you do not need a title if you are selling to a private owner. And in the case of selling your car for cash, a lot of junk cars Chicago shops are still willing to purchase the vehicle from you as long as you can provide other documentation to prove ownership.
Selling Junk Cars in Chicago Without A Title
If you are planning on selling a used vehicle, you will be required to present a title to the new owner or to the junk cars Chicago junkyard. They need it for a couple of reasons. 1st is to ensure the car is not stolen and you have the right to dispose of it. 2nd by giving them the title it allows them to transfer it to their name should they proceed to do so. They can own the car legally and can therefore do whatever they want with it including scrapping for parts.
If you do not have the title of the vehicle at home it is possible that your bank has it especially if you bought the car out of a loan. The bank owns the car until you have completed payments on it. Check with your bank if this is the case and know the process for transferring the title once you pay them in full.
Look for a buyer like Buy Junk Cars Chicago that does not require a vehicle title. There are many willing to purchase the car even without a title. The only documents they need would be your driver’s license and a valid registration.
When faced with having to dispose a car that has not title, there are still choices for you to follow so you can dispose of the vehicle as quickly as possible. Do read up first on your state’s requirements as this can vary from state to state.
