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The exempt mileage title is used when the mileage displayed on a vehicle's odometer cannot be verified as accurate due to exceeding the odometer's mechanical limits or being tampered with. It is issued by the DMV to protect potential buyers from paying more for a vehicle than it is actually worth.
When selling a vehicle, all vehicle owners must sign and print their names in the seller section prior to the sale. The seller must also complete the odometer statement, date of sale, selling price and trade-in value, if applicable.
Even though your lienholder is the vehicle's legal owner, you'll keep possession of the car as long as you make payments on your auto loan; either your lienholder will keep the title until the loan is paid off or you'll hold onto the title with an indication that there's a lienholder involved.
Prior to selling a vehicle, all lienholders must have released their interest in the vehicle.
Indiana Title Transfer Instructions - Seller - YouTube YouTube Start of suggested clip End of suggested clip Make sure to print your name or names exactly as appear on the front of the title. Below owner'sMoreMake sure to print your name or names exactly as appear on the front of the title. Below owner's name do not use short names or nicknames or theirs to register odors listed on the title. Make sure you