how do you go about getting the title for your car when you sell it and you still like owe 4 more years on it?

 

You have to pay off your car. Then they will send you the title.

 

does the dealership have the title or does toyota financial have it?

 

The financing company has the Title.. And it can be a long process of getting the title after it is paid off.. a couple of weeks if not more at times.

 

so how does the warrenty transfer thing work?

 

No clue on that one.. I would call Toyota on that matter and get a 100% right answer.

 

so the other person cannot get the car registered untill they get the title?

 

if someone is buying your car and you owe money then there area few ways to do it. they will most likely have to get approved for a loan (unless paying cash) and within the loan papers there should be something to sign for transfer of the title from one lending company to the other along with a release of liability.

if the buyer is paying cash then you (previous owner) will need to go pay off loan amount and the bank or lending company will have you sign papers and there should be a paper that needs to be signed for transfer of title.

most states work transfer of title different ways, so the best thing to do is to call the lending company and local dmv to verify.

as for warranty, there is no specific transfer of it. If you are a second owner of the car and the car is still under warranty then you just take it into a dealer to get serviced. the vin number holds all the mileage and information about warranty work done to the car.

hope this helps

 

went to the dealership and asked there and they said they'll handle all the transfers of the title and warrenty and what nots

 

well what are you buying or replacing the car with. it's pretty much the loaners who hold the titles. and they pay each other off and xfer titles.

 

well first thing i'm not going to another dealer to buy a car...

and secondly i'm thinking of a 72 dodge dart 318 or a chrysler cordoba with either a 360bbl or a 400 BB 4bbl

 

so should i wait untill i get another car payment or should i just go down to the dealership to pay it off?

and go from there

 

why would you xfer titles then.
first you need to find a buyer. i'm guessing you're trying to sell the car? then xfer it to their name.

you can pay it off and have the title in hand.

but the dealership usually won't buy it back from you unless you buy another car from them.

 

You will sign the title with the lien on it to the purchaser. After you get the check, you pay off the loan and request a lien release. This can be faxed to your bank or where ever you make the payments. The buyer gets the lien release to go with the title, and then when the new title comes it, it will go to the new owner with their info on it.

 

lucky for me www.toyotafinancial.com has the right documentation so the title will goto the buyer of my car and not to me!!! what a freakin !!!