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DMV sent me title to new truck. My bank should be lienholder

Posted on 12/31/14 at 12:34 pm
Posted by LSU6262
Member since Jun 2008
7526 posts
Posted on 12/31/14 at 12:34 pm
Someone messed up.

I purchased a new Tacoma from a dealer in beginning of Dec. I financed $12k through my bank. Got the title for it in the mail today. It only has me listed as owner on it.

Should I:

A. call the bank
B. call the dealer
C. call the DMV
D. default on loan, keep truck, ??, profit
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37311 posts
Posted on 12/31/14 at 12:50 pm to
Did the dealer send the paperwork directly to the DMV? If so, I'd call the dealer.
Posted by DownSouthDave
Beau, Bro, Baw
Member since Jan 2013
7400 posts
Posted on 12/31/14 at 1:16 pm to
You having the title has zero relevance as far as your loan goes. Obviously defaulting is not the right answer.

I probably wouldn't do anything. But the right thing to do is probably call the bank.
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