If you want to transfer a car title you should know that The Colorado Division of Motor Vehicles (DMV) charges a fee of $7.20 to transfer the title in that state. There is an additional amount of $45 for passenger vehicles and $90 for light trucks.
In addition, 2.9% of the purchase price must be paid as sales tax. If the vehicle is purchased from a dealer, the dealer will collect the sales tax and remit it to the state. Taxes paid may vary depending on the county.
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Requirements to change vehicle ownership in Colorado
To change vehicle ownership in Colorado you must present the following documents to the DMV:
The Colorado DMV has offices in all counties. You can verify the hours and accepted payment method before attending.
The seller must file the liability release notice online or at a local DMV office after the title has transferred.
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Where can I register my car in Colorado?
To register your car in Colorado, after purchasing it from a private seller, you will have to go to a DMV office in your county with the required documents.
You must submit: the title and registration application form, the title signed by the previous owner, the bill of sale, and proof of auto insurance.
You must also have the odometer disclosure statement and an approved smog test, if these are requirements that apply to you.
You will also have to pay the required fees and taxes in your county.
If you bought your car from a Colorado dealer, they will usually take care of all the paperwork.
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How long do I have to transfer a vehicle in Colorado?
In Colorado, the new owner will have 60 days to complete the process. If he does not do so within that period of time he is subject to late payment charges.
Back taxes and late fees will vary by vehicle and county of residence.
The buyer should visit a DMV office to find out how much they will have to pay if they do not file on time.