If you are thinking of selling, giving or buying a used car, here you will find all the information necessary to complete the process. We tell you how much it costs to change the name of a car in Tennessee and what the requirements are to transfer the title.
In Tennessee, the entity equivalent to the DMV (Department of Motor Vehicles) of other states, which deals with everything related to cars, is the Department of Revenue (DOR).
Local DOR offices are called County Clerk, where you should attend, depending on the county or city where you reside.
How much does it cost to rename a car in Tennessee?
The regular fee for a vehicle transfer in Tennessee can be around $11 for the title plus $1 for the transfer.. But it varies depending on the county or city. For example, Knox County charges $14.
Regarding taxes, in Tennessee 7% is paid on the sale price of the carbut also Local rates apply ranging from 1.75% to 2.75%.
When the car is transferred between family members as a gift, Tariffs are exempt if the market price of the donated vehicle is less than $17,000.
We recommend that you contact your local County Clerk before starting the process, as different rates may apply by county or city and taxes also change.
Keep reading: How much does it cost to change the name of a car in the United States?
Requirements to change vehicle ownership in Tennessee
After having explained how much the DMV charges for change of ownership in Tennessee and what taxes to consider, We will now list the requirements to make the transfer.
- Title correctly filled out and signed by the seller and the buyer.
- Sales invoice.
- Application with the transfer request.
- Constance of smog inspection in the counties that apply.
- Odometer reading if the car is from 2011 or newer.
- VIN inspection (Vehicle Identification Number) if the car was purchased in another state.
- Lien Information If there is or was car financing.
- Proof of residency in the county.
- Driver's license of any type issued by the state of Tennessee.
- Car registration if you are going to transfer your previous plates.
Continue reading: Requirements to obtain new license plates in the United States
Who pays to rename a used car in Tennessee?
When a vehicle ownership change is made in Tennessee, The buyer is responsible for paying the fee indicated by the DOR for the transfer of the vehicle and the car taxes. according to the county.
An exception to this rule is usually cases in which a car donation is made to a family member. and the owner decides to bear the costs. Especially if he is giving the car to a child or wife.
Continue reading: License plate sticker renewal in Tennessee
Where do you sign a car title to sell it in Tennessee?
When filling out a car title in Tennessee the seller and the buyer sign on the back, in the indicated boxes. There are two spaces for the signatures of the seller or sellers and another for the buyer next to where the sale price is indicated.