Hi Tom, I need some help understanding how to prove ownership of a car. Could you assist me?
Of course. The most common way to prove ownership of a car is by showing the vehicle's title, also known as a 'pink slip', which should be issued in your name.
What if I'm still paying off my car loan?
If you're still paying off a car loan, the lender typically holds the title. However, you may have a copy or other documentation showing that you are the purchaser and the possession of the car loan agreement could also be used as evidence.
What other types of proof can I use?
Beyond the title, other ways to prove ownership can include receipts or bills of sale, a dated and signed contract of purchase, or having your name listed on the vehicle's insurance policy. Vehicle registration documents can also serve as proof.
That's really helpful, thanks Tom!
You're welcome! Don't hesitate to ask if you need more information.