When to Apply for aVehicle Title in Colorado
There are a few variations of aDMV car titlethat are issued for motorists that acquired a vehicle under different circumstances. For example, obtaining an auto title for an out-of-state vehicle is a slightly different procedure. Moreover, if a car has been damaged in a significant way, its owner may have to request a particular type of title.Thus, consider these types of titles offered by the Colorado DMV:
- New car title – These titles are the initial titles issued when a driver purchases a new car or motor vehicle in the state of Colorado.
- Out-of-state title – New CO residents who moved into the state with a vehicle that was titled in another U.S. state must undergo an out-of-state tile transfer. In general, new residents have 90 days from their moving date to register and title their vehicle.
- Duplicate title –If a vehicle title is damaged, lost or stolen, car owners must request a duplicate one.
- Salvage title –Salvage titles are specific documents that are issued for vehicles that have sustained damage due to fire, flood, collision or vandalism. Generally, in order to be eligible for a salvage title, the cost to repair a vehicle to roadworthiness must exceed its fair market value.
How to Apply for an Auto Title in Colorado
Colorado title registration services are completed through the state’s DMV. The process to get a new car title for your vehicle includes filling out the proper application along with supporting information and submitting it with the appropriate fees established by the state. Among the various pieces of information that you must collect to accompany your application to receive a title, consider the following details:
- The vehicle identification number (VIN)
- The fuel type used by the vehicle, plus its year, make, model, body style and paint color
- The names and addresses of all the individuals and/or companies listed as owners
- The names and addresses of any lienholders on the vehicle
- The amount of the lien on the vehicle, if applicable
- Signatures, birth datesand signatures, as well as copies of identification, for all owners of the vehicle
You can apply for a new car titleaftercompiling all of the necessary pieces ofinformation listed above. Moreover, be mindful that you will be required to pay applicable fees for this service. In general, car owners can elect to apply for a vehicle titleas well as for a registration at the same time. Drivers who want to list more than one owner on any particular vehicle’s title must also complete the application form’s section for joint tenancy, which reserves all of the owners’ rights of survivorship.
Documents Needed for a Vehicle Title in Colorado
Along with the information described in the previous section, you must provide supporting documentation in order to get aDMV car title. Among these significantdocuments, you must includea valid form of identification, such as a Colorado driver’s license or learner’s permit, a state ID card, a U.S. passport, an out-of-state identification card or a certificate of naturalization. In addition, requesting an auto titlewill also require:
- Current vehicle title or other proof of ownership
- Proof of an emissions inspection, if applicable
- Odometer reading
- Bill of sale, in order to determine sales tax exemption
- Lien documents, if applicable
- Vehicle identification number (VIN) verification, in the case of out-of-state vehicles
- Manufacturer’s statement of origin or current out-of-state title/registration, in the case ofout-of-state vehicles
Note: If you decide to get your registration along with yournew car title, you must remember to provide proof of insurance as well.
New Car Title vs. Used Car Title in Colorado
Obtaining a vehicle title for a brand new car purchased from a dealer is typically much easier than that for a used vehicle. The dealer will normally handle all of the necessary paperwork to file for the title and collect any money or fees necessary at the time of purchase. Moreover, dealers may even include these costswithin the payments made for the vehicle.
On the other hand, transferring a DMV car title when buying or selling a used car is a different process. That is because an existing title must be transferred to the name of the new owner. In this case, the following documents are necessary to complete a transfer:
- The original title, after having been signed over from the previous owner to the new owner
- Note: the originaltitle must include an odometer reading if the vehicle is less than ten model years
- A bill of sale signed by all ofthe parties involved, as well as notarized
- Proof of an emissions test
- Colorado driver’s license
- Proof of auto insurance
- Proof of a VIN verification for out-of-state vehicles
- Note: a VIN verification may be certified by a dealer, a law enforcement entity, or an emissions inspection station
Furthermore, vehicle owners incur service fees that pertain to obtaining a new car title in Colorado or transferring an existing one. These fees include license fees, sales tax on the price of a vehicle and an ownership tax that reflects the vehicle’s model year and original purchase price.
The transfer of an auto title in the case of a vehicle being gifted or changing ownership as the result of a death must also adhere to these procedures. The state of Colorado requires this process to take place within 30 days of a transfer of ownership.
In general, avehicle title takesan average of six weeks to arrive once an application is filed alongside its required paperwork and documentation. If your vehicle has a lien on it, the lien holder will receive the title until the loan is paid off.