Need Title Transfer Help - OH M5 bought in CA by WA buyer

mylifeasapc · 14th February 2013, 09:15

So this got a little complicated.

The car I'm buying this weekend might be a bit complex to purchase and I hope you guys can help. I am in the process of purchasing an E60 M5 that is currently with the owner in California but is titled and registered in Ohio. To complicate things, I live in WA and am picking the car up on Friday and there is a lien holder (a bank in CA).

What recommendations do you guys have to make this a smooth process?

From my research:
1. I pay the buyer and we fill out the title and bill of sale with copies for both parties.
2. We both complete the WA Vehicle Title Application, Odometer Disclosure, Release of Interest,
3. We both signs the registration and title documents in front of the notary.
4. A notary at either the CA DMV or Bank notarizes the registration, the bill of sale and the title.
5. The seller pays the lien holder who then mails the clear title to the seller and reports it to Ohio BMV.
6. The seller mails the title sale portion and a copy of the bill of sale to the Ohio BMV reporting the official sale.
7. The Ohio BMV mails the clean title to the buyer (me).
8. I have the car inspected in WA, register it and pay the use tax.

Seems simple enough, right?

Let me know if there is anything recommendations you bunch of wizards have.

Many thanks in advance!

mylifeasapc · 15th February 2013, 18:42

Figured it all out. Its a pita.

If any prospective buyers come across this and need help interpreting how to transfer titles when purchasing an out of state car, not in the state its titled in/registered i.e. I'm buying an OH car in CA but I'm from WA type thing - PM me.

There's a few more steps than above you'll want to know about so you and the seller are solid.

525iEnjoy · 15th February 2013, 19:20

The lein must be handled first and is the lein the title holder or is it garnishment?. Now if the car has a CA Plate then you still need the lein to be payed and you need to go to the CA DMV and do a title transfer and of course sign over the pink but thats part in parcel of the whole transfer.

So

1. Does it have CA or OH plates.
2. Get the lein paid and title sent out
3. go to corresponding state and do transfer
4. Drive it like you stole it,

csoell · 17th February 2013, 09:25

I had a similar situation. I live in PA. Bought a car in Texas that was registered in Arizona. First thing I did was print temp registration on Arizonas DMV site for the car which allowed me to drive the vehicle for 3 days to transport it. I flew to texas with the check from the bank for the car and a bill of sale. I handed him the check, he signed the AZ title and the bill of sale. And off I went. Once I got back to PA I took the Title and bill of sales to a notary. There I handed in the AZ title (since I got a lein on the vehicle), and paid taxes on the car. Got my plate and registration. Easy as cake.

csoell · 17th February 2013, 09:25

Oh, and I had to bring proof of insurance with me to the notary as well.