HELP! Financed Vehicles and Vehicle Permits?
Is it mandatory to have a letter of permission from the company or bank that finances your car truck or RV before you can be issued a Vehicle Permit to drive to Mazatlan? I've never heard of such a r...
Forum Discussion
When we financed the RV and the toad, we had the vehicle registration it had the wife's name and my name, then under lien holder it had the credit union when we finished paying the RV we received the official DMV paper that only has both our names and no lien holder.
Unless the vehicle is completely paid for the lending institution has control of the title, that is why I say that when I purchase a vehicle and finance it, I rent it from the bank until I finish paying for it.
When it is completely paid for free and clear then I am the sole owner, I normally try not to complicate my life, I practice the KISS principle.
Keep it simple stupid.
navegator
Unless the vehicle is completely paid for the lending institution has control of the title, that is why I say that when I purchase a vehicle and finance it, I rent it from the bank until I finish paying for it.
When it is completely paid for free and clear then I am the sole owner, I normally try not to complicate my life, I practice the KISS principle.
Keep it simple stupid.
navegator
