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For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien. The lienholder then releases their lien electronically which allows the customer to pick up the title directly from the Ohio BMV on the following business day. Some ...
The Motor Vehicle Division (MVD) is responsible for driver licensing and vehicle registration. It has 1600 employees and an annual operating budget of $72 million. Currently it is headed by ADOT Assistant Director Eric Jorgensen. [1] As of FY 2023, the MVD has 7,969,576 license plates registered with the department. [5]
In Arizona, the license plate belongs to the vehicle owner. This allows for the transfer of a plate from one vehicle to another. [1] The current design was introduced in 1996 and was designed by Walter Punzmann. [2]
Arizona’s car insurance laws are similar to many other states and include: Proof of insurance: In Arizona, all drivers are required to carry auto insurance and keep proof of insurance ...
Car title loans come in a couple of different varieties. Some are single-payment loans, meaning the borrower must pay the full amount of the loan plus the interest rate fee within a month or so.
A car title loan is a secured small loan, usually for 25 to 50 percent of your vehicle’s value. These types of loans tend to be much more expensive than conventional personal loan options, even ...
In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
A vehicle with Arizona registration and a 'salvage' title for salt water damage would, for instance, represent a red flag as a vehicle possibly once affected by environmental conditions and events elsewhere such as Hurricane Katrina. Vehicles with salt water or hurricane flood damage often have severe corrosion and electrical problems which ...