I agreed to sell my car to a private buyer. Now I send the money for the payoff to the company. The company will send me a title with a lein hold on it, and a lean release form.
Here's the tricky part. When I take the title and lein release to DMV, I need to give both forms and get a "free and clear" title. at that point, they issue me a new title with my name on it, which I THEN sign over to the buyer.
a) Does this mean I officially buy the car first? If so, do I get hit with tax for the full amount of the car the same as if I was just buying it myself??
b) What does DMV usually charge to do the paperwork that I just described? Like $40 or a few hundred?