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Alternative Methods for Obtaining a Title While the closure of the Vermont registration loophole may be disheartening, it is important to note that there are still viable options for acquiring a title. One such option is a bonded title, which involves obtaining a surety bond and filing for a title through the DMV.
The following paperwork is required for selling a car in Vermont: Certificate of Title. Bill of Sale and Odometer Disclosure (form VT-005) Lien Release, if applicable (form VT-08)
A VT resident seeking to register such a used vehicle purchased from an out-of-state dealer is required to have a VIN verification prior to their registration being finalized. VINs on new vehicles do not require verification. The verification can occur before or after the sale.
The State of Vermont has closed the too-good-to-be-true loophole that allowed you to register a motor vehicle there without living in the state and without physically making an appearance at a Vermont registry, without proof of insurance, and, if the vehicle is 15 years or older, without a title or a previous ...
You need to submit the following documents obtained from the dealer: Manufacturer's Certificate of Origin (MCO) or Title. Bill of Sale & Odometer Disclosure Statement.
Can I register my vehicle in Vermont if I don't reside there? Yes. However, you must have the Out of State Registration Certification form (VN-102) completed by your home state DMV or a comparable agency, verifying that you have no requirement to register your vehicle there.
The Vermont title loophole is a common way for non-residents to obtain a title for a trailer that was missing the old title. Using the Vermont title loophole, you can get a title for your 15-year-old or older trailer using your bill of sale, even if you don't have the original title.
Why is a VIN so important? Your car's VIN is an essential identifier for you, your insurance company, and your mechanic. Think of it as your car's history?everything from an accident to an oil change gets recorded using the vehicle identification number.