Trading in a car I recently bought. I recently financed a vehicle, and am trading it in for a lease however, the dealership said that the car needed to be registered before I could trade it. I went to the DMV yesterday and explained the situation; they told me that I didn't need to register it and only needed my name on the title. I'm supposed to trade this vehicle in tomorrow and don't know what is correct, do I need to register and license it?

Asked by GuruVYVBS Aug 08, 2018 at 10:25 AM

Question type: Car Selling & Trading In

I recently financed a vehicle, and am trading it in for a lease however, the
dealership said that the car needed to be registered before I could trade it. I
went to the DMV yesterday and explained the situation; they told me that I
didn't need to register it and only needed my name on the title. I'm supposed
to trade this vehicle in tomorrow and don't know what is correct, do I need to
register and license it?

1 Answer

3,490

This is a hard one but I would agree with LX30215, the DMV is usually the experts at this type of thing. What state are you in? What does your paperwork say about registering it, it might be in writing somewhere on there?

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