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The process of buying or selling used cars in Tampa is accompanied by several different steps and it usually requires a bit of effort on both ends. When it comes to the purchase of a used car, one of the most important steps is the transfer title for a used car. The vehicle title, commonly known as the pink slip, is the means of record that proves ownership of the vehicle for both the individual owner and the state. Once the sale of a used car is completed, it is important for the new owner to get started on the process of transferring the title as soon as possible.
Before you get started on the process of filing to transfer title on a used car, you want to make sure that you have all of the documentation that you need and that you have properly completed the transaction between yourself and the seller. This means that you want to make sure that the seller accurately filled out the odometer reading and the sales price and that both parties have signed and dated the original title from the seller.
Once the sale is completed, the new owner of the vehicle can take it to the local tax collector’s office to apply for a transfer of title. This is where you will pay your fees and taxes and where you will provide all of the necessary documentation that demonstrates that the sale has been completed and that you are the legal owner of the vehicle. The following is a list of what you should bring to transfer the title of a used car in Tampa:
• The completed title from the sale
• A completed copy of form 82040 (the application for title transfer)
• Proof of insurance (If you are planning on getting tags and registration)
• Your driver’s license
• The correct amount of money to pay the fees and taxes
• Information about any financing agreement
The cost of getting a vehicle title transferred can vary depending on the circumstance. For a used car that was previously registered in Florida, the fee is $75.25 with the cost increasing to $85.25 if the car is from out of state. An additional charge of $2.00 will also be added if the new owner needs to record a lien on the vehicle. Some locations also offer expedited service for an additional cost of $10.00. Along with that, the new owner will need to account for the taxes that must be paid on the vehicle.
Driving and owning a vehicle are privileges and with these privileges come responsibilities. Along with the responsibility of maintaining the vehicle and having insurance, is the responsibility of adhering to the documentation standards for vehicle ownership. The process for transferring the title on used cars in Tampa is actually rather simple, but it can become a hassle if you are unprepared for the task. Before you head to the tax collector’s office, it is recommended that you make a checklist to ensure that you have all of the documentation and resources that you need to complete the process.