As I recall in Texas the mortgage company holds the title until it is paid
off but in Michigan the owner holds the title with the mortgage company
shown as the lien holder until it is paid off.
Jim V. - Michigan now - Texas previously
'58 GMC Suburban Carrier - V8 Automatic
At 07:28 AM 4/28/99 Wednesday -0500, Terry Stellman wrote:
>
>Do you really need a title to get insurance? If you have a vehicle financed
>you don't have a title and you can get insurance. I also can't believe that
>the sleazy, slimy insurance companies would be that particular about taking
>your money. Getting it out of them might be another story though. My two
>cents worth.
>
>
>
>Terry Stellman
>1949 3600
>Missouri City, Texas
>
>-----Original Message-----
>From: Bennett Ratliff [SMTP:Bennett@HUNTPROP.COM]
>Sent: Tuesday, April 27, 1999 2:50 PM
>To: oletrucks@autox.team.net
>Cc: 'bkn@cybernet.net'
>Subject: [oletrucks] Title, Inspection & Tags in Texas?
>
>Went this morning to try and transfer the title on the '49 that I have
>in a million pieces waiting on the body guys. Thought I would get a
>jump on title and tags so when it is ready I can drive it legally. Was
>told by the local tax assessor that I have to have an inspection
>certificate and insurance to get title transferred and tags. Problem
>is, to get insurance, I have to have title (don't I?) and a mechanics
>letter that the truck is road worthy, and to get inspection I have to
>have insurance. So what comes first, the chicken or the egg? Based on
>my conversation this morning it looks like the steps are as follows:
>1. Go find an inspector that I can convince of my situation and get an
>inspection and mechanics letter.
>2. Convince my insurance carrier that I am road worthy and conveniently
>omit that I "technically" don't have title to the truck.
>3. Take the title, inspection and insurance to the tax assessor
>immediatly and close the deal.
>Has anybody done this? Am I making this harder than it is? Do I have to
>trailer my truck to the mechanic or should I just borrow a plate from my
>suburban? Help please with any suggestions.
>
>Bennett - '49 coming together for the 4th of July Parade (hopefully)
>oletrucks is devoted to Chevy and GM trucks built between 1941 and 1959
>
>oletrucks is devoted to Chevy and GM trucks built between 1941 and 1959
oletrucks is devoted to Chevy and GM trucks built between 1941 and 1959
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