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houston texans auto tag and title service
Location:
Jersey Village, TX
Description:
You're responsible for transferring ownership of a vehicle into your name within 21 business days of purchasing it from a private party, out of state dealership, and or if you receive the vehicle as a gift. To transfer a motor vehicle title in your name you will need the vehicle Certificate of Ownership (title), insurance, and a valid ID. The seller must release ownership by signing in the appropriate place on the title. If there are multiple owners everyone listed on the title must sign it. To transfer a motor vehicle title in the state of Texas must provide a government issued ID. Acceptable forms of ID include a valid state ID or DL, valid US passport or Foreign passport, and or a military ID. Texans who buy a used vehicle from anyone other than a licensed vehicle dealer are required to pay motor vehicle sales tax of 6.25 percent on the purchase price or standard presumptive value (SPV), whichever is the highest value. SPV applies wherever you buy the vehicle, in Texas or out of state. A vehicle's SPV is its worth based on similar sales in the Texas region. The Texas Legislature passed the law in 2009 to raise additional revenue to fund Texas schools. Price Digests, the national guide that provides the values, uses an average wholesale used vehicle value based on Texas sales data. In order to determine the sales tax amount for the title transfer you will need to provide the VIN number and the miles if the vehicle is less than 10 years old. If you paid less than the standard presumptive value for your vehicle, you may pay sales taxes on an appraisal amount provided it is certified by a licensed insurance adjuster or a licensed motor vehicle dealer; and obtained within 20 working days of the date of purchase. We are also certified appraisers and can lower the value of the vehicle and the appraisal is recognized by the state of Texas. If the vehicle you purchased is 25 years or more there is no presumptive value in the system. Texas will then charge sales tax based on the purchase price. If the vehicle is custom built or a trailer you will also pay sales tax on the purchase price. ATV's, UTV's and dirt bikes are not subject to motor vehicle sales tax since they are not street legal. Call Houston Texans auto title service for assistance with your title transfer at 281-901-XXXX. If you receive incomplete or incorrect evidence of ownership or have lost the evidence of ownership and cannot contact the seller for the necessary documentation, you may have the option of using the bonded title procedure to transfer of ownership. A title is bonded when the owner has no proof of ownership during the titling process. The bond remains in effect for three years or until the vehicle is no longer registered in the state. A Bonded Title is a type of certificate issued in some jurisdictions that verifies a person's ownership of a motor vehicle. The document, sometimes called a "Certificate of Title Surety," provides proof of ownership, which then allows the owner to conduct a number of legal transactions, such as purchasing insurance, registering the vehicle with a motor vehicle department, or selling the vehicle. In most states, bonded titles can be issued in lieu for various types of vehicles like cars, buses, trucks, and some travel-type trailers. A bonded title can usually be obtained by filing with the local motor vehicle department (DMV or equivalent agency). While state laws may vary, the main requirements for obtaining a bonded title include: *The owner must make a legitimate effort to obtain the original car title before applying for the bonded title *The vehicle must have been purchased or received as a gift (i.e., cannot file for a bonded title for an abandoned vehicle) *Payment of certain taxes may be required in some jurisdictions If you have to file for a auto surety bond to transfer the title in your name we can assist with the title transfer. This process can take up to 4 business days before we will be able t...
Category:
Auto & Other Vehicle Services
Posted:
June 26 on Claz
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