At Consolidated Automotive Services of Indiana, we handle more than the basic title and lien searches or simple title transfers. There are a number of circumstances that could require a specialized type of title. When your automotive dealership encounters a variety of these situations – UCC filings, repossession titles, and more – you need a title company that you can count on to accurately expedite these documents. Below are three different circumstances where our team is ready and available to assist you.
1. UCC Filings
A UCC filing needs to be completed when a creditor, such as an automotive dealer or car finance company, wishes to lay claim to a vehicle that was purchased via an automotive loan by one of their customers. It’s a legal document that protects the rights of a finance company, in case the lender needs to take possession of the vehicle for repayment purposes.
2. Repossession Titles
Unfortunately, there are many times when the owner of a vehicle simply cannot make the necessary loan payments. In cases like this, a repossession title needs to be completed. This document states that the vehicle was repossessed by the lender. If possible, the dealership should have its name placed on the title, especially if the vehicle is in their direct possession.
3. Dealer Retail Title & Registration
Several state regulations require automotive dealers to have dealer retail titles and registrations for each vehicle on their sales lot. Many times, an auto company cannot sell or even display their cars unless they have one of these specialized titles. When you choose Consolidated Automotive, you are working with our experienced team members who have an extensive knowledge of regulations across all 50 states. We can handle these types of titles with no problem at all.
Dependable Title Processing
For reliable and accurate title services, call us today at (812) 988-8300 to request a quote. We work with dealerships and finance companies throughout all 50 states, with their title and lien searches, duplicate title filings, and title transfers.