Auto Loan Basics

Head to the source for anything DMV related: Vermont Department of Motor Vehicles.

New Auto in Vermont

1. Obtain the certificate of origin
2. Go to State police and get VIN verification — it is free!
3. Go to DMV with the purchase and sale, the certificate of origin and a completed State of Vermont registration form.
4. Pay the DMV tax, title and registration. You don't pay the dealer the tax title and tag fee as you are completing the registration yourself!
5. Your lender might want to make the check for taxes to Vermont DMV. That is fine. The DMV will take this check.
6. DMV will give you a temporary registration.
7. Your plate will be processed and placed in the mail. Usually you will receive it within 2-3 weeks.
8. If there is a lien holder listed under section 5, then the title will be sent directly to the lender. If not, then the title is sent to your home address.

Used Auto in Vermont

1. Instead of a certificate of origin, you will bring in the title.
2. The title will need to be signed and transferred to you on the back by the seller.
3. A signed bill of sale and odometer statement is required.
4. You will not need the VIN verification unless you purchase the vehicle out of state.
5. The taxes will be based on the purchase price or the value whichever is higher, unless you meet DMV guidelines on selling to a close relative, i.e., a parent selling a car to their child.
6. If a tax credit on selling the vehicle is warranted, see the DMV website.
7. If you have an error the back of the title, you will need to complete a title alteration form.
8. If you need a duplicate title, because you misplaced yours, you will need to complete a duplicate title form.