Vehicle Titles Will Go To Lien Holders

Posted Friday, July 20, 2012 --- 6:40 a.m.

MADISON, Wis. (AP) -- A change in vehicle titles is effective at the end of July in Wisconsin.

Any vehicle title with a lien will go straight to the lien holder rather than the vehicle owner. The state Division of Motor Vehicles says the lien holder will choose whether they want to receive either a paper or electronic title. The title change was passed by the Legislature last year as part of the state budget.

DMV vehicle services director Mitchell Warren says people will be able to sell their vehicles even if they still have a lien, but they'll have to contact the lien holder so the title can be delivered. And, they would still need to pay off the vehicle loan.

The State Journal (http://bit.ly/MMgUbz ) says Wisconsin is the 38th state in the country to become a title-to-lien holder state.

------

Information from: Wisconsin State Journal, http://www.madison.com/wsj

Copyright 2012. The Associated Press.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
NBC15 615 Forward Drive Madison, Wisconsin 53711 Business: 608-274-1515 Newsroom: 608-274-1500
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 163158766 - nbc15.com/a?a=163158766
Gray Television, Inc.