A Vehicle Title Search is an invaluable part of the used car buying and selling process. It helps add some much-needed transparency to the process and may aid in facilitating a smooth transaction.
Some of the benefits include:
- Check Ownership History – Check the number of owners, ownership term, dates, and much more...
- Spot a Stolen Vehicle – Helps potential buyers spot a possibly stolen vehicle or one that has a history of theft recovery.
- Detect Title Issues – Identifies branded titles such as salvage, rebuilt or flood-damaged, which may affect the vehicle’s safety, value, and long-term reliability.
- Check for Liens – May help identify outstanding loans or financial claims placed against the vehicle by a third party. Buying a vehicle with a lien could mean that you are left on the hook for that outstanding debt incurred by the previous owner.
- Ensure Clear Title Transfer – May help identify title issues that can make it difficult to transfer the title to the new owner.
- Uncover Past Usage – Shows if the vehicle was used commercially, as a rental, taxi, police car, or government vehicle.
- Helps Identify Potential Fraud – May help identify various types of common fraud, such as odometer rollback, title washing and Vehicle Identification Number (VIN) fraud.