I live in Florida and am not sure how things work here since i just recently moved here. I'm buying a used Max of a guy who still is making payments on it, thus he doesn't have the title. I'm not sure of the steps i need to take to complete this. I guess i would make the check payable to his lender and they would forward any 'equity' he has in the vehicle to him and they would send my lender the title.

Is the a tax and title charge in Florida?

What about a license plate?

I called a local Mail Boxes etc. and they said they can handle the deal.

Any suggestions?

Thanks,
Mason

First off, you will need a bill of sale that includes the parties full names, amount paid, date, vehicle VIN nuymber and color, make, model and year of the vehicle, exact number of miles. You pay the owner who then pays off the loan. Or you can do it the way you described it and pay the lender, give thema copy of the bill of sale and ask them to send you the title. You will still need the sellers signature to transfer the title.

You pay tax, title and license at the DMV in a separate deal. They may want a copy of the bill of sale also. If you have any additional questions, email me as aI am an attorney.