Use Title Lease For Free

Under most circumstances, when you first register and title a vehicle that you bought in New York State, you must provide DMV either a title or transferable registration signed over to you as proof of ownership. There are certain situations, however, where you might not have the title to a vehicle.

You will not receive the original title certificate as proof of ownership. The leasing company is the owner and holds the title certificate, which displays their name.

Keep in mind that it could take up to 90 days to receive your title from the DMV. You can check the status of your title online via the NYS DMV website.

Transferring A Title After A Lease Buyout You'll need to complete Form MV-82 and provide proof of identity, proof of vehicle ownership and proof of sales tax payment. You'll need to bring this information, along with the lease buyout agreement and any lien releases needed, to your local DMV office.

If the leased vehicle does need to be titled in Massachusetts, this will mean that lessee must bring the following to an RMV Service Center: An Application for Registration & Title, completed, stamped and signed by a Massachusetts insurance company/agent. The current out-of-state title. A $75.00 title fee.

Most often, you automatically apply for a Certificate of Title when you first register your motor vehicle or motorboat. Use the form Vehicle Registration/Title Application (PDF) (MV-82), available at any motor vehicle office, by request from a DMV Call Center or by download from the DMV internet site.

You must have the following to transfer your vehicle registration to your newly purchased or leased vehicle: Title or Manufacturer's Certificate of Origin. ... Lien Information. ... Liability Insurance information. ... Completed Title Application (MVR-1) and Damage Disclosure Statement (MVR-181). ... Copy of NC Driver's License.